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We study Bayesian Nash equilibria of stable mechanisms in centralized matching markets under incomplete information. We show that truth-telling is a Bayesian Nash equilibrium of the revelation game induced by a common belief and a stable mechanism if and only if all the profiles in the support...
Persistent link: https://www.econbiz.de/10008498415
We study how conflict in a contest game is influenced by rival parties being groups and by group members being able to … punish each other. Our main motivation stems from the analysis of socio-political conflict. The relevant theoretical … prediction in our setting is that conflict expenditures are independent of group size and independent of whether punishment is …
Persistent link: https://www.econbiz.de/10005168474
In this paper we study a behavioral model of conflict that provides a basis for choosing certain indices of dispersion … as indicators for conflict. We show that the (equilibrium) level of conflict can be expressed as an (approximate) linear …
Persistent link: https://www.econbiz.de/10005572264
games. In the spirit of the Nash Bargaining Solution, our concept is founded on the predicted outcomes of simultaneous, two … exists and is unique. It belongs to the bargaining set and to the core whenever the latter is not empty. In fact, when the … selection of the bargaining set. Finally, we discuss how the R solution changes important conclusions of several well known …
Persistent link: https://www.econbiz.de/10008727784
The objective of this work is to study the effects of centralized, sectorial and decentralized bargaining patterns on …
Persistent link: https://www.econbiz.de/10005168435
matching protocol, but does not interfere with the bargaining, eliminates all delay. Even though this efficient centralized …
Persistent link: https://www.econbiz.de/10005582677
We analyze a stochastic versions of the Rubinstein bargaining model with outside options available to both the proposer …
Persistent link: https://www.econbiz.de/10005572215
In this paper we examine the link between ethnic and religious polariza- tion and conflict using interpersonal …- ization index. We measure conflict by means on an index of social unrest, as well as by the standard conflict onset or … fractionalization index. We also obtain that both ethnic and religious polarization are significant in explaining conflict. The results …
Persistent link: https://www.econbiz.de/10008788733
Plaintiffs have either stong or weak cases. Both cases should be taken to court, yet weak cases need more work by the attorney than strong cases. Only the attorney knows whether a case needds additional work or not; the plaintiff is forced to rely on the attorney's recommendation. We show that...
Persistent link: https://www.econbiz.de/10005572145
decentralized pairwise bargaining. Cartels are coalitions of buyers or sellers that limit market participation and compensate …
Persistent link: https://www.econbiz.de/10005247855