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Incentivising trust
Lenton, Pamela; Mosley, Paul - In: Journal of Economic Psychology 32 (2011) 5, pp. 890-897
against risk. We work within the framework originally established by Berg, Dickhaut, and McCabe (1995) in which trust is … strengthens the first player’s risk efficacy, or ratio of assets to risk. …
Persistent link: https://www.econbiz.de/10010577287
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Who contributes? : a strategic approach to a European immigration policy
Russo, Giuseppe; Senatore, Luigi - In: IZA journal of migration : IZAJOM 2 (2013), pp. 1-16
Who pays for immigration control? According to the Lisbon Treaty the cost of enforcing the European border against illegal immigration shall be shared among the EU members. Nonetheless, the Treaty is vague with respect to the “appropriate measures” to adopt in order to distribute the...
Persistent link: https://www.econbiz.de/10009786177
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Conflict, Evolution, Hegemony, and the Power of the State
Levine, David; Modica, Salvatore - National Bureau of Economic Research (NBER) - 2013
In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their "exclusiveness" we find that these...
Persistent link: https://www.econbiz.de/10010950707
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Dynamic legislative policy making
Duggan, John; Kalandrakis, Tasos - In: Journal of Economic Theory 147 (2012) 5, pp. 1653-1688
We prove existence of stationary Markov perfect equilibria in an infinite-horizon model of legislative policy making in which the policy outcome in one period determines the status quo for the next. We allow for a multidimensional policy space and arbitrary smooth stage utilities, and we assume...
Persistent link: https://www.econbiz.de/10010594322
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Two-party competition with persistent policies
Forand, Jean Guillaume - In: Journal of Economic Theory 152 (2014) C, pp. 64-91
When campaigning for reelection, incumbent parties' promises to voters are constrained by their records in office, while opposition parties can use their time away from power to develop new platforms. In this paper, I introduce incumbent policy persistence in a dynamic game of electoral...
Persistent link: https://www.econbiz.de/10010785022
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A Theory of Political Compromise
Dixit, Avinash K; Grossman, Gene; Gul, Faruk - C.E.P.R. Discussion Papers - 1998
We study political compromise founded on tacit cooperation. Two political parties must share a fixed pie in each of an infinite sequence of periods. In each period, the party in power has ultimate authority to divide the pie. Power evolves according to a Markov process among a set of political...
Persistent link: https://www.econbiz.de/10005656393
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Chapter 62 Game theory and experimental gaming
Shubik, Martin - In: Handbook of game theory with economic applications : …, (pp. 2327-2351). 2002
This is a survey and discussion of work covering both formal game theory and experimental gaming prior to 1991. It is a useful preliminary introduction to the considerable change and emphasis which has taken place since that time where dynamics, learning, and local optimization have challenged...
Persistent link: https://www.econbiz.de/10014024483
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Can the threat of economic sanctions ensure the sustainability of international fisheries? : an experiment of a dynamic non-cooperative CPR game with uncertain tipping point
Jules, Selles; Sylvain, Bonhommeau; Patrice, Guillotreau; … - In: Environmental and resource economics 76 (2020) 1, pp. 153-176
Persistent link: https://www.econbiz.de/10012224412
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Optimal risk management for the sharing economy with stranger danger and service quality
Hong, Ji Hyun; Kim, Byung Cho; Park, Kyung-sam - In: European journal of operational research : EJOR 279 (2019) 3, pp. 1024-1035
Persistent link: https://www.econbiz.de/10012102829
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Do administrators have the same priorities for risk reductions as the general public?
Carlsson, Fredrik; Daruvala, Dinky; Jaldell, Henrik - In: Journal of Risk and Uncertainty 45 (2012) 1, pp. 79-95
administrators and the general public regarding risk reductions. Both groups of respondents were asked to assume the role of a public …. small accidents, (ii) actual vs. subjective risk, and (iii) the trade-off between avoiding fatalities and serious injuries … general public, the most important of which is the difference in priorities between reducing the risk of many small or one …
Persistent link: https://www.econbiz.de/10010863446