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Giving Gossips Their Due: Information Provision in Games with Private Monitoring
Gazzale, Robert - EconWPA - 2005
The ability of a long-lived seller to maintain and profit from a good reputation may induce her to provide high quality … share it with the community and acquire a reputation for gossiping. Reputations function in tandem: sellers provide high … made public, while information holders share their information as a reputation for doing so results in higher effort from …
Persistent link: https://www.econbiz.de/10005118597
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Governance Matters III: Governance Indicators for 1996-2002
Kaufmann, Daniel; Kraay, Aart; Mastruzzi, Massimo - EconWPA - 2003
This paper presents estimates of six dimensions of governance covering 199 countries and territories for four time periods: 1996, 1998, 2000, and 2002. These indicators are based on several hundred individual variables measuring perceptions of governance, drawn from 25 separate data sources...
Persistent link: https://www.econbiz.de/10005561191
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Teaching Agent-Based Computational Economics to Graduate Students
Tesfatsion, Leigh - EconWPA - 1998
macroeconomic theory over the past several years, using an ACE labor market framework for concrete illustration. …
Persistent link: https://www.econbiz.de/10005076912
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"How Economists Can Get Alife: Abbreviated Version"
Tesfatsion, Leigh - EconWPA - 1995
Artificial life (alife) is the bottom-up study of basic phenomena commonly associated with living agents, such as self- replication, evolution, adaptation, self-organization, exploitation, competition, cooperation, and social network formation. Alife complements the traditional biological and...
Persistent link: https://www.econbiz.de/10005076914
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Evolution, Coordination, and Banking Panics
Temzelides, Ted - EconWPA - 1995
I study equilibrium selection by an evolutionary process in an environment with multiple equilibria, one of which involves a banking panic. The analysis is built on a repeated version of the Diamod-Dybvig (1983) model. The optimal (run free) equilibrium is uniquely selected if it is also "risk...
Persistent link: https://www.econbiz.de/10005076968
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Editorial Policy and Editorial, to appear at the front of the first issue of the new Cambridge University Press journal, Macroeconomic Dynamics.
Barnett, William A. - EconWPA - 1997
This statement outlines the objectives and policies of the new journal, Macroeconomic Dynamics, which is dedicated to the advancement of macroeconomics as a science. This Editorial is to appear at the front of the first issue of that journal and is copyright by Cambridge University Press.
Persistent link: https://www.econbiz.de/10005126416
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A Computational Laboratory for Evolutionary Trade Networks
McFadzean, David; Stewart, Deron; Tesfatsion, Leigh - EconWPA - 2000
This study presents, motivates, and illustrates the use of a computational laboratory for the investigation of evolutionary trade network formation among strategically interacting buyers, sellers, and dealers. The computational laboratory, referred to as the Trade Network Game Laboratory (TNG...
Persistent link: https://www.econbiz.de/10005134562
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What Really Matters in Auction Design
Klemperer, Professor Paul - EconWPA - 2000
The most important issues in auction design are the traditional concerns of competition policy-preventing collusive, predatory, and entry deterring behaviour. Ascending and uniform-price auctions are particularly vulnerable to these problems (we discuss radiospectrum and football TV-rights...
Persistent link: https://www.econbiz.de/10005135016
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Why Every Economist Should Learn Some Auction Theory
Klemperer, Paul - EconWPA - 2000
the strong connections between auction theory and "standard" economic theory, and argue that auction-theoretic tools and …
Persistent link: https://www.econbiz.de/10005135125
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Situation Room Analysis in the Information Technologies Market
Koumpis, Adamantios - EconWPA - 1996
It would be interesting and scientifically rewarding to investigate the possibilities of designing a "sheltered" situation room for the Information Technologies and Telecommunications services and products market. The proposed framework might be employed during any phase of the life cycle of an...
Persistent link: https://www.econbiz.de/10005062324