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bargaining game. A general discussion was therefore conducted before the bargaining, followed by a poll in which players must … find a common solution to an abstract bargaining problem. On this issue, our conclusions are negative: no signifcant effect … individual preferences may help predicting towards which solutions players will converge, at least in a social setting, and …
Persistent link: https://www.econbiz.de/10005118521
, the impact of ex post incentives on informal contracts between principals and agents in bargaining environments in which …}punishments and rewards to align incentives. Field data is mixed on whether, and to what extent, such informal incentive contracting …
Persistent link: https://www.econbiz.de/10005556679
We study Bayesian mechanism design in situations where agents' information may be multi-dimensional, concentrating on mechanisms that lead to efficient allocations. Our main result is that a generalization of the well-known Vickrey-Clarke-Groves mechanism maximizes the planner's "revenue'' among...
Persistent link: https://www.econbiz.de/10005118596
The current optimum population models found in economic literature define static optimum population used in forming policy i.e. at a given instant what should be the optimum number of people in a (closed) economy. We believe that although this definition is useful, it is very limiting as far as...
Persistent link: https://www.econbiz.de/10005125782
making use of endogenous nature of preferences is suggested that is aimed at eliminating risks of terminating being of a … disseminating information about admissible values of strategical commodities, allowing a society to form such preferences of its … members that conform the global economic efficiency criterion based on the con-cept of sustainable development. …
Persistent link: https://www.econbiz.de/10005556578
Voting on unidimensional issues will produce equilibrium outcomes if voter preferences are single peaked. While the …
Persistent link: https://www.econbiz.de/10005556972
From Decentralisation of Planning to Peoples Planning - Experiences of the Indian States of Kerala and West Bengal by … Charvak, 2000: The Discussion Paper attempts a comparison of the process of decentralisation of planning in the two States …) as well as the KSSP experiment (from Science Popularisation to Local Level Planning) is also given. The study concludes …
Persistent link: https://www.econbiz.de/10005555989
the core of the model is the adaptive planning equation. Other equations are presented and discussed as well. The model is …
Persistent link: https://www.econbiz.de/10005556272
Managers are often told that formal planning helps. It is useful to examine whether this is good advice. Thus, I … applaud this effort to study marketing planning in New Zealand. Nevertheless, I find it difficult to accept the conclusions … drawn by the authors of “Marketing Planning in New Zealand” (MPNZ). I am concerned with the definition of marketing planning …
Persistent link: https://www.econbiz.de/10005556568
The terms of reference for the inquiry on First Home Ownership asked the Commission to evaluate the affordability and availability of housing for first home buyers. The Commission’s preliminary findings were released for public comment in December. In its final assessment, the Commission...
Persistent link: https://www.econbiz.de/10005118887