Showing 1 - 10 of 31
The average voting procedure reflects the weighted average of expressed opinions in [0,1]. Participants typically behave strategically. We evaluate the discrepancy between the average taste and the average vote. If the population is sufficiently large, it is possible to construct approximations...
Persistent link: https://www.econbiz.de/10009505651
Time constraints, managerial power, and reputational concerns can impede board communication. This paper develops a model where board decisions depend on directors' effort in communicating their information to others. I show that directors communicate more effectively when pressure for...
Persistent link: https://www.econbiz.de/10009506636
The authors solve a linear problem where a potential conflict between two agents (Destination manager and Firm) arises in a tourism destination. The Destination manager has to choose how to allocate limited resources (capital and land) between either second homes or hotels. This conflict stems...
Persistent link: https://www.econbiz.de/10009550130
We analyze binary choice models in communication networks, in which both, the formation of links in the network as well as the action choices are endogenous. We provide a complete characterization of the equilibrium action choices and networks, where agents choose their strategies - actions and...
Persistent link: https://www.econbiz.de/10011444453
We introduce the possibility of direct punishment by specialized enforcers into a model of community enforcement. Specialized enforcers need to be given incentives to carry out costly punishments. Our main result shows that, when the specialized enforcement technology is sufficiently effective,...
Persistent link: https://www.econbiz.de/10011491715
Chad has emerged as an important counter-terrorism partner in the Lake Chad Basin and the broader Sahel-Sahara region due to its recent political stability and military contribution to security efforts in these troubled zones. However, a closer look at developments in domestic politics, notably...
Persistent link: https://www.econbiz.de/10011853755
Collective action is a dynamic process where individuals in a group assess over time the benefits and costs of participating toward the success of a collective goal. Early participation improves the expectation of success and thus stimulates the subsequent participation of other individuals who...
Persistent link: https://www.econbiz.de/10014544751
The study of peacekeeping from an economics perspective is a fairly recent phenomenon. This chapter surveys three research areas pursued by economists in analyzing peacekeeping. The first research strand examines the theory and empirics of peacekeeping financing and burden sharing, while the...
Persistent link: https://www.econbiz.de/10014024405
This survey captures the main contributions in the area described by the title that were published up to 1997. (Unfortunately, it does not capture all of them.) The variations that are the subject of this chapter are those axiomatically characterized solutions which are obtained by varying...
Persistent link: https://www.econbiz.de/10014024491
This chapter reviews the basic conceptual foundations for the measurement of polarization, the origins of those foundations, how polarization is distinct from inequality and other ways of considering distances and differences across individuals, and how polarization can be measured in an...
Persistent link: https://www.econbiz.de/10014025346