Similar Search Results

Tax Competition, Relative Performance and Policy Imitation

Wagener, Andreas - CESifo - 2009

boundedly rational governments, thus, involves drastic efficiency losses. …

Persistent link: https://www.econbiz.de/10005013050

Altruism and Envy in Contests: An Evolutionarily Stable Symbiosis

Konrad, Kai A. - CESifo - 2002

Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.

Persistent link: https://www.econbiz.de/10005766134

Contests over Public Goods: Evolutionary Stability and the Free-Rider Problem

Leininger, Wolfgang - CESifo - 2002

We analyze group contests for public goods by applying the solution concept of an evolutionary stable strategy (ESS). We show that a global ESS cannot exist, because a mutant free-rider can always invade group behavior successfully. There does exist, however, a unique local ESS, which we...

Persistent link: https://www.econbiz.de/10005051494

Evolutionarily Stable Preferences in Contests

Leininger, Wolfgang - CESifo - 2008

We define an indirect evolutionary approach formally and apply it to (Tullock) contests. While it is known (Leininger, 2003) that the direct evolutionary approach in the form of finite population ESS (Schaffer, 1988) yields more aggressive behavior than in Nash equilibrium, it is now shown that...

Persistent link: https://www.econbiz.de/10005406304

Finite-Population "Mass-Action" and Evolutionary Stability

Bernergard, Axel; Wärneryd, Karl - CESifo - 2011

Nash proposed an interpretation of mixed strategies as the average pure-strategy play of a population of players randomly matched to play a normal-form game. If populations are finite, some equilibria of the underlying game have no such corresponding “mass-action” equilibrium. We show that...

Persistent link: https://www.econbiz.de/10008872223

Hanging Together or Being Hung Separately: The Strategic Power of Coalitions where Bargaining Occurs with Incomplete Information

Konrad, Kai A.; Cusack, Thomas R. - CESifo - 2013

additional bargaining power. Negotiating as a group may also cause more inefficiencies due to bargaining failure, and this may …

Persistent link: https://www.econbiz.de/10010877880

To Commit or not to Commit? An Experimental Investigation of Pre-Commitments in Bargaining Situations with Asymmetric Information

Hoffmann, Sönke; Mihm, Benedikt; Weimann, Joachim - CESifo - 2014

In a recent paper Konrad and Thum (2014) present a model that shows that unilateral pre-commitment reduces the likelihood of agreement in bilateral negotiations over the provision of a public good when parties have private information over their contribution costs. We test the model in a...

Persistent link: https://www.econbiz.de/10010877951

Daddy Months

Meier, Volker; Rainer, Helmut - CESifo - 2014

We consider a bargaining model in which husband and wife decide on the allocation of time and disposable income. Since … her bargaining power would go down otherwise more strongly, the wife agrees to have a child only if the husband also … improves efficiency. However, the same ruling harms cooperative couples and may also reduce welfare in an endogenous taxation …

Persistent link: https://www.econbiz.de/10010948876

A Stochastic Multiple Players Multi-Issues Bargaining Model for the Piave River Basin

Sgobbi, Alessandra; Carraro, Carlo - CESifo - 2007

The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of … multilateral, multiple issues, non-cooperative bargaining model of water allocation in the Piave River Basin, in the North East of … problem and conduct comparative static analyses to assess sources of bargaining power. Finally, we explore the implications of …

Persistent link: https://www.econbiz.de/10005249457

Spillover Effects of Minimum Wages: Theory and Experimental Evidence

Dittrich, Marcus; Knabe, Andreas; Leipold, Kristina - CESifo - 2011

We study the spillover effects of minimum wages in a laboratory experiment. In a bilateral firm-worker bargaining …

Persistent link: https://www.econbiz.de/10009294100