Showing 1 - 10 of 46
.e., a turnaround. We compare communication from leaders to incentive increases and also compare the effectiveness of … randomly selected and elected leaders. While all interventions yield shifts to more efficient equilibria, communication from …
Persistent link: https://www.econbiz.de/10010851357
-way free form communication message sent by the leader to the followers strongly revives cooperation. We find evidence that … repeated free form communication by the leader further strengthens the reviving effect on cooperation. Combining the two … previous interventions does not outperform the pure effect of communication. Our content analysis reveals that leader …
Persistent link: https://www.econbiz.de/10011261233
We report on a series of experiments that examine bidding behavior in first-price sealed bid auctions with symmetric …
Persistent link: https://www.econbiz.de/10010851480
We report on a series of experiments that test the effects of an uncertain supply on the formation of bids and prices …
Persistent link: https://www.econbiz.de/10010547272
Two main school choice mechanisms have attracted the attention in the literature: Boston and deferred acceptance (DA). The question arises on the ex-ante welfare implications when the game is played by participants that vary in terms of their strategic sophistication. Abdulkadiroglu, Che and...
Persistent link: https://www.econbiz.de/10011253107
In this paper we consider dynamic processes, in repeated games, that are subject to the natural informational restriction of uncoupledness. We study the almost sure convergence to Nash equilibria, and present a number of possibility and impossibility results. Basically, we show that if in...
Persistent link: https://www.econbiz.de/10010547274
This paper surveys the literature on strategy-proofness from a historical perspective. While I discuss the connections with other works on incentives in mechanism design, the main emphasis is on social choice models. This article has been prepared for the Handbook of Social Choice and Welfare,...
Persistent link: https://www.econbiz.de/10010773120
Site licensing of electronic journals has been revolutionizing the way academic information is distributed. However, many librarians are concerned about the possibility that commercial publishers might abuse site licensing by practicing bundling. In this paper, we analyze how bundling afects...
Persistent link: https://www.econbiz.de/10010851403
We study approval rules in a model where horizontal merger proposals arise endogenously as the outcome of negotiations among the firms in the industry. We make two main points. First, relatively ine¢ cient merger proposals succeed with positive probability. That is, the negotiation process may...
Persistent link: https://www.econbiz.de/10010950607
The paper offers an overview of the literature on bundling in the telecommunications sector and its application in the Spanish market. We argue that the use of bundling in the provision of services is associated to technological reasons. Therefore, there appears no need to regulate bundling...
Persistent link: https://www.econbiz.de/10010547193