Narrow search
Showing 1 - 10 of 76
Cover Image
A Foundation for Strategic Agenda Voting
Apesteguia, Jose; Ballester, Miguel Angel; Masatlioglu, … - Barcelona Graduate School of Economics (Barcelona GSE) - 2012
We offer complete characterizations of the equilibrium outcomes of two prominent agenda voting institutions that are widely used in the democratic world: the amendment, also known as the Anglo-American procedure, and the successive, or equivalently the Euro-Latin procedure. Our axiomatic...
Persistent link: https://www.econbiz.de/10011253112
Cover Image
Sequential Voting and Agenda Manipulation
Barberà, Salvador; Gerber, Anke - Barcelona Graduate School of Economics (Barcelona GSE) - 2014
We provide characterizations of the set of outcomes that can be achieved by agenda manipulation for two prominent sequential voting procedures, the amendment and the successive procedure. Tournaments and super-majority voting with arbitrary quota q are special cases of the general sequential...
Persistent link: https://www.econbiz.de/10010961555
Cover Image
Endogenous Matching in University-Industry Collaboration: Theory and Empirical Evidence from the UK
Banal-Estañol, Albert; Macho-Stadler, Inés; … - Barcelona Graduate School of Economics (Barcelona GSE) - 2013
We develop a two-sided matching model to analyze collaboration between heterogeneous academics and firms. We predict a positive assortative matching in terms of both scientific ability and affinity for type of research, but negative assortative in terms of ability on one side and affinity in...
Persistent link: https://www.econbiz.de/10011019699
Cover Image
Heterogeneity, Selection and Labor Market Disparities
Bonfiglioli, Alessandra; Gancia, Gino - Barcelona Graduate School of Economics (Barcelona GSE) - 2015
the resulting ability distribution, multiple equilibria may arise. In the high-effort equilibrium, heterogeneity in … distribution of firm characteristics, sorting patterns between firms and workers, and unemployment rates that can help explaining …
Persistent link: https://www.econbiz.de/10011261234
Cover Image
The Distribution of Talent across Contests
Azmat, Ghazala; Möller, Marc - Barcelona Graduate School of Economics (Barcelona GSE) - 2012
paper we show that the distribution of abilities plays a crucial role in determining contest choice. Positive sorting exist … away from competition and sorting decreases. Eventually, contests with smaller prizes attract stronger participants, i ….e. there exists negative sorting. We test our theoretical predictions using a large panel data set containing contest choice …
Persistent link: https://www.econbiz.de/10010851331
Cover Image
Consumption Heterogeneity over the Business Cycle
Giorgi, Giacomo de; Gambetti, Luca - Barcelona Graduate School of Economics (Barcelona GSE) - 2012
We study consumption heterogeneity over the business cycle. Using household panel data from 1984 to 2010 in the US we … find that the welfare cost of the business cycle is non-negligible, once agents heterogeneity is taken into account, and …
Persistent link: https://www.econbiz.de/10010851494
Cover Image
Stabilization versus insurance: welfare effects of procyclical taxation under incomplete markets
Costain, James S.; Reiter, Michael - Barcelona Graduate School of Economics (Barcelona GSE) - 2004
We construct and calibrate a general equilibrium business cycle model with unemployment and precautionary saving. We compute the cost of business cycles and locate the optimum in a set of simple cyclical fiscal policies. Our economy exhibits productivity shocks, giving firms an incentive to hire...
Persistent link: https://www.econbiz.de/10010547417
Cover Image
Quotient Spaces of Boundedly Rational Types
Cianciaruso, Davide; Germano, Fabrizio - Barcelona Graduate School of Economics (Barcelona GSE) - 2011
By identifying types whose low-order beliefs up to level ℓ<sub>i</sub> about the state of nature coincide, we obtain quotient type spaces that are typically smaller than the original ones, preserve basic topological properties, and allow standard equilibrium analysis even under bounded reasoning. Our...
Persistent link: https://www.econbiz.de/10011019697
Cover Image
Uncertain Rationality and Robustness in Games with Incomplete Information
Germano, Fabrizio; Zuazo-Garin, Peio - Barcelona Graduate School of Economics (Barcelona GSE) - 2015
Economic predictions are highly sensitive to model and informational specifications. Weinstein and Yildiz (2007) show that, in static games with incomplete information, only very weak predictions, namely, the interim correlated rationalizable (ICR) actions, are robust to higher-order belief...
Persistent link: https://www.econbiz.de/10011196334
Cover Image
Monotone Strategyproofness
Halaburda, Hanna; Haeringer, Guillaume - Barcelona Graduate School of Economics (Barcelona GSE) - 2013
We propose a way to compare the extent of preference misrepresentation between two strategies. We define a mechanism to be monotone strategyproof when declaring a "more truthful" preference ordering in the mechanism dominates - with respect to the true preferences - declaring a less truthful...
Persistent link: https://www.econbiz.de/10010692008