Similar Search Results

Optimal Information Transmission in Organizations: Search and Congestion

Cabrales, Antonio; Arenas, Àlex; Díaz-Guilera, Albert; … - Fondazione ENI Enrico Mattei (FEEM) - 2004

optimal. Keywords: Networks, information transmission, search, organization design. …

Persistent link: https://www.econbiz.de/10004990060

Building Up Social Capital in a Changing World: A Network Approach

Vega-Redondo, Fernando - Fondazione ENI Enrico Mattei (FEEM) - 2003

This paper models the dynamic process through which a large society may succeed in building up its “social capital” by establishing a stable and dense pattern of interaction among its members. In the model, agents interact according to a collection of infinitely repeated Prisoner’s...

Persistent link: https://www.econbiz.de/10005423105

Endogenous Business Cycles and the Economic Response to Exogenous Shocks

Hallegatte, Stéphane; Ghil, Michael - Fondazione ENI Enrico Mattei (FEEM) - 2007

In this paper, we investigate the macroeconomic response to exogenous shocks, namely natural disasters and stochastic productivity shocks. To do so, we make use of an endogenous business cycle model in which cyclical behavior arises from the investment–profit instability; the amplitude of this...

Persistent link: https://www.econbiz.de/10004990067

Trust as a Key Variable of Sustainable Development and Public Happiness: A Historical and Theoretical Example Regarding the Creation of Money

Genovese, Nicola; Spada, Maria Grazia La - Fondazione ENI Enrico Mattei (FEEM) - 2014

This article purports to trace the origin of money on the basis of factors in interpersonal relationships, affecting a … process toward the creation of money started, without any intrinsic value and the presence of any superior authority. In the … paper it is also hypothesized that the creation of money is one of the basic factors in the progress of economic and social …

Persistent link: https://www.econbiz.de/10010747056

Paths to Stability in Two-sided Matching with Uncertainty

Lazarova, Emiliya; Dimitrov, Dinko - Fondazione ENI Enrico Mattei (FEEM) - 2013

We consider one-to-one matching problems under two modalities of uncertainty that differ in the way types are assigned to agents. Individuals have preferences over the possible types of the agents from the opposite market side and initially know the “name” but not the ”type” of the other...

Persistent link: https://www.econbiz.de/10010904912

Bounded Rationality and Voting Decisions Exploring a 160-Year Period

Stadelmann, David; Torgler, Benno - Fondazione ENI Enrico Mattei (FEEM) - 2012

Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848–2009), we investigate whether a higher level of complexity leads to increased reliance on expert knowledge. We find that when more referenda are held on the same day, constituents are more likely to refer...

Persistent link: https://www.econbiz.de/10010904923

Biodiversity Conservation on Private Lands: Information Problems and Regulatory Choices

Lin, Tun; Goeschl, Timo - Fondazione ENI Enrico Mattei (FEEM) - 2004

This survey paper examines various information insufficiencies in biodiversity conservation and their impact of regulatory choices. We surveyed the literature in the field and identified four major types of informational insufficiencies in making efficient biodiversity conservation decisions: 1)...

Persistent link: https://www.econbiz.de/10005385328

Coordination in Networks Formation: Experimental Evidence on Learning and Salience

Galizzi, Matteo; Bernasconi, Michele - Fondazione ENI Enrico Mattei (FEEM) - 2005

We present experiments on repeated non-cooperative network formation games, based on Bala and Goyal (2000). We treat the one-way and the two-ways flow models, each for high and low link costs. The models show both multiple equilibria and coordination problems. We conduct experiments under...

Persistent link: https://www.econbiz.de/10005385417

The Grand Experiment of Communism: Discovering the Trade-off between Equality and Efficiency

Farvaque, Etienne; Mihailov, Alexander; Naghavi, Alireza - Fondazione ENI Enrico Mattei (FEEM) - 2011

This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and social preferences in different economic systems. We introduce inequality-averse and inefficiency-averse agents responding to economic incentives and transmitting their ideology...

Persistent link: https://www.econbiz.de/10009320986

Applications and Interviews. A Structural Analysis of Two-Sided Simultaneous Search

Wolthoff, Ronald P. - Fondazione ENI Enrico Mattei (FEEM) - 2011

Much of the job search literature assumes bilateral meetings between workers and firms. This ignores the frictions that … search model with an endogenous number of contacts. Workers contact firms by applying to vacancies, whereas firms contact … equilibrium welfare is improved if unemployed workers increase their search intensity. …

Persistent link: https://www.econbiz.de/10009421238