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This paper studies the pro-poor growth in the Latino American Andean countries. We first present different definitions of pro-poorness and the related methods in order to generate the statistically robust results for classes of pro-poor measures. Also, we present the non anonymous pro-poor...
Persistent link: https://www.econbiz.de/10010551394
While many studies have shown that fairness matters few efforts have been made to find out how important fairness is to the individual and thereby assessing the limits of these fairness concerns. This study reports on Trust game experiments in Sweden and Jamaica where subjects could forego a...
Persistent link: https://www.econbiz.de/10005645126
It is well known that communication often serves as a facilitator for cooperation in static games. Yet, communication … investigates cooperation and non-binding communication in a two-stage game. More specifically, two treatments are considered: one …-play communication only has a significant impact on cooperation when no intraplay communication is possible. The results suggest that the …
Persistent link: https://www.econbiz.de/10005645215
Pay-What-You-Want (PWYW) pricing schemes are becoming increasingly popular in a wide range of industries. We develop a model incorporating self-image into the buyer's utility function and introduce heterogeneity in consumption utility and image-sensitivity, which generates different purchase...
Persistent link: https://www.econbiz.de/10011241612
We study the effect of congestion on monopoly second-degree price discrimination. We provide three results. First, with congestion, the firm does not always provide distinct contracts (i.e., it is not always optimal to price discriminate) and it is more likely for the low-valuation buyer to be...
Persistent link: https://www.econbiz.de/10010764074
We introduce externalities into a two-sided, one-to-one assignment game by letting the values generated by pairs depend on the behavior of the other agents. Extending the notion of blocking to this setup is not straightforward; a pair has to take into account the possible reaction of the residual...
Persistent link: https://www.econbiz.de/10010734770
We introduce a new class of cooperative games where the worth of a coalition depends on the behavior of other players and on the state of nature as well. We allow for coalitions to form both before and after the resolution of uncertainty, hence agreements must be stable against both types of...
Persistent link: https://www.econbiz.de/10010734790
demand and supply of trafficked children are transboundary in scope, international cooperation may be necessary to mitigate … cross-country externalities. We show that specialization is the main feature of international cooperation. We also show that …
Persistent link: https://www.econbiz.de/10010535501
Ageing gives rise to concern about the sustainability of pay-as-you-go pension systems. One reform option suggested is to make the system actuarial by a tight connection between contributions and benefits. The incentives for the individual will then coincide with the interest of the pension...
Persistent link: https://www.econbiz.de/10005645175
Persistent budget deficits are commonly blamed on irresponsible governments. However, even if the government is fiscally responsible, the agents in charge of implementing the budget may be less concerned about fiscal discipline. According to the survey data analyzed in this paper, such conflicts...
Persistent link: https://www.econbiz.de/10010721029