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Community Enforcement and the Emergence of Trust

Rodríguez-Sickert, Carlos - Econometric Society - 2004

In this paper, the link between community enforcement and co-operation in environments where trust is required is … investigated. For this purpose, an assymetric trust game in which peer-to-peer sanctioning mechanisms are available is considered …, which enforces trust honouring within the trustees' community and b) the emergence of trust between-communities are analysed …

Persistent link: https://www.econbiz.de/10005699593

The Role of Trust in Costly Network Formation

Sarangi, Sudipta; Gilles, Robert P. - Econometric Society - 2004

. Furthermore, we introduce a new eqilibrium concept based on a limited, realistic form of farsightedness or (myopic) ''trust'' in …

Persistent link: https://www.econbiz.de/10005342278

Gangadharan, Lata; Cason, Timothy N. - Econometric Society - 2004

Unexpected variation in emissions can have an enormous impact on the prices of emission permits and the efficiency achieved in tradable permit markets. Shocks to emission levels can be correlated across firms; for example, most firms require more emission permits than planned for following a...

Persistent link: https://www.econbiz.de/10005063649

An Experimental Analysis of Third-Party Response to Corruption

Gangadharan, Lata; Chaudhuri, Ananish; Erkal, Nisvan - Econometric Society - 2004

It is a well-established fact that corruption is a widespread phenomenon. An important aspect of corruption is that two parties act jointly in order to further their own interests at the expense of a third party. The response of the third party has a significant impact on the persistence of...

Persistent link: https://www.econbiz.de/10005702531

Gender and Racial Discrimination in Hiring: A Pseudo Audit Study for Three Selected Occupations in Metropolitan Lima

Nopo, Hugo - Econometric Society - 2004

In this paper, we adapt the audit studies methodology to analyze gender and racial differences in hiring for a particular segment of the market of three selected occupations in Metropolitan Lima: salespersons, secretaries and (accounting and administrative) assistants. The adapted pseudo-audit...

Persistent link: https://www.econbiz.de/10005328873

Anthropometric Failure and Persistence of Poverty in Rural India

Kulkarni, Veena; Gaiha, Raghav - Econometric Society - 2004

Recent studies have drawn attention to high prevalence of stunting among children in rural India. In fact, these estimates point to more pervasive deprivation than conventional measures of poverty based on income or consumption expenditure shortfalls. Since stunting measures chronic...

Persistent link: https://www.econbiz.de/10005329024

On the Adjudication of Conflicting Claims: An Experimental Study

Herrero; C. - Econometric Society - 2004

This paper reports an experimental study on three well known solutions for claims problems, that is, the constrained equal-awards, the proportional, and the constrained equal-losses rules. To do this, we first let subjects play three games designed such that the unique equilibrium allocation...

Persistent link: https://www.econbiz.de/10005342228

Measuring Segregation

Volij, Oscar; Frankel, David - Econometric Society - 2004

We define a segregation ordering as a ranking of cities from most segregated to least segregated. \ We propose a set of basic properties that any reasonable segregation ordering should have. \ We then fully characterize the class of segregation orderings that satisfy these basic properties. \ We...

Persistent link: https://www.econbiz.de/10005342230

Coalitional Manipulation on Communication Network

Ju, Biung-Ghi - Econometric Society - 2004

In an abstract model of division problems, we study division rules that are not manipulable through a reallocation of individual characteristic vectors within a coalition (e.g. reallocation of claims in bankruptcy problems). A coalition can be formed if members of the coalition are connected on...

Persistent link: https://www.econbiz.de/10005130230

Measurement Theory and the Foundations of Utilitarianism

Weymark, John a. - Econometric Society - 2004

Harsanyi used expected utility theory to provide two axiomatizations of weighted utilitarian rules. Sen (and later, Weymark) has argued that Harsanyi has not, in fact, axiomatized utilitarianism because he has misapplied expected utility theory. Specifically, Sen and Weymark have argued that von...

Persistent link: https://www.econbiz.de/10005063707