Similar Search Results

Political Motivations and Electoral Competition: Equilibrium Analysis and Experimental Evidence

Drouvelis, Michalis; Saporiti, Alejandro; Vriend, Nicolaas J - Department of Economics, University of Birmingham - 2011

., ideology) and the uncertainty about voters' preferences. The theoretical predictions are supported by the data collected from a …

Persistent link: https://www.econbiz.de/10009292395

Distributional Comparative Statics

Jensen, Martin Kaae - Department of Economics, University of Birmingham - 2012

An important set of questions in economics concern how changes in the distribution of economic parameters (income, wealth, productivity, distortions, information, etc.) impact individual choices and market outcomes. We currently do not have tools to answer such questions. In this paper, I...

Persistent link: https://www.econbiz.de/10010602478

Sequential Exporting

Albornoz, Facundo; Pardo, Hector F. Calvo; Corcos, Gregory - Department of Economics, University of Birmingham - 2010

Firms need to incur substantial sunk costs to break in foreign markets, yet may give up exporting shortly after their first experience, which typically involves very small sales. Conversely, other new exporters shoot up their foreign sales and expand to new destinations. We investigate a simple...

Persistent link: https://www.econbiz.de/10008520814

E-Capacities and the Ellsberg Paradox.

Eichberger, J.; Kelsey, D. - Department of Economics, University of Birmingham - 1996

This paper introduces E-capacities as a representation of beliefs which incorporates objective information about the probability of events. It can be shown that the Choquet integral of an E-capacity is the Ellsberg representation. The paper further explores properties of this representation of...

Persistent link: https://www.econbiz.de/10005357547

Lotterty Designs to Discriminate between Shackle's Theory. Expected Utility Theory and Non-expected Utility THeories

Ford, J.L.; Ghose, S. - Department of Economics, University of Birmingham - 1998

Shackle's theory of decision-making under uncertainty and the background to it are outlined. Its major prediction about …

Persistent link: https://www.econbiz.de/10005357554

Free Riders Do not Like Uncertainty.

Eichberger, J.; Kelsey, D. - Department of Economics, University of Birmingham - 1996

We examine the effect of introducing Knightian uncertainty into a simple model of public good provision. We find that … uncertainty may reduce the free-rider problem if utility is concave in public goods or there are decreasing returns to scale in …

Persistent link: https://www.econbiz.de/10005357555

Shakle's Theory of Decision Making under Unceratinty: The Findings of a Laboratory Experiment.

Ford, J.L.; Ghose, S. - Department of Economics, University of Birmingham - 1995

Persistent link: https://www.econbiz.de/10005357575

The Prmimitive Uncertainty Construct: Possibility, Potential Surprise, Probability and Beleif; Some Experimental Evidence.

Ford, J.L.; Ghose, S. - Department of Economics, University of Birmingham - 1995

Persistent link: https://www.econbiz.de/10005245948

Free Riders do not Like Uncertainty.

Kelsey, D. - Department of Economics, University of Birmingham - 1999

We examine the effect of Knightian uncertainty in a simple model of public good provision. We find that uncertainty may …

Persistent link: https://www.econbiz.de/10005146575

Uncertainty and Strategic Interaction in Economics.

Eichberger, J.; Kelsey, D. - Department of Economics, University of Birmingham - 1999

The endogeneity of equilibrium strategies makes modelling uncertainty about the behaviour of other economic players … difficult. Recent developments in decision and game theory offer an opportunity to include strategic uncertainty as an … explanatory variable in economic analysis. This paper introduces to a new concept of decision making under uncertainty and an …

Persistent link: https://www.econbiz.de/10005086687