Showing 1 - 10 of 62
We consider a simple dynamic model of environmental taxation that exhibits time inconsistency. There are two categories of firms, Believers, who take the tax announcements made by the Regulator to face value, and Non-Believers, who perfectly anticipate the Regulator's decisions, albeit at a...
Persistent link: https://www.econbiz.de/10005423072
This survey paper examines various information insufficiencies in biodiversity conservation and their impact of … information, and 4) monitoring problem. The consequences of these four types of information insufficiencies on the choice of …
Persistent link: https://www.econbiz.de/10005385328
broadcast or sent via shortest paths; only connection density matters. In contrast, homophily substantially slows learning based … on repeated averaging of neighbors' information and Markovian diffusion processes such as the Google random surfer model …
Persistent link: https://www.econbiz.de/10005008021
We study learning and influence in a setting where agents communicate according to an arbitrary social network and …
Persistent link: https://www.econbiz.de/10005423267
cost. Very little information is available to market participants and trade takes place at many different prices … simultaneously. We propose a decentralized, completely uncoupled learning process in such environments that leads to stable and … sell-side). This simple and intuitive learning process implements core allocations even though agents have no knowledge of …
Persistent link: https://www.econbiz.de/10010665513
We examine a new class of games, which we call social games, where players not only choose strategies but also choose … players in different roles, among other things. We also examine finite repetitions of games where players may choose to … rematch in any period. Some equilibria of fixed-player repeated games cannot be sustained as equilibria in a repeated social …
Persistent link: https://www.econbiz.de/10005423090
uncertainties associated with the benefits and costs of climate policies. This paper provides the methodology of Stability …
Persistent link: https://www.econbiz.de/10005385476
We analyze stability of self-enforcing climate agreements based on a data set generated by the CLIMNEG world simulation model (CWSM), version 1.2. We consider two new aspects which appear important in actual treaty-making. First, we consider a sequential coalition formation process where players...
Persistent link: https://www.econbiz.de/10008502097
these phenomena at two different levels: namely, in terms of methods and methodology. By focusing on the idea of livelihood … will be revealed, presented and discussed. This method newly integrates both quantitative and qualitative information. It …
Persistent link: https://www.econbiz.de/10005385419
Schematically one can distinguish two traditions related to ethnic statistics in Europe. In France, Germany and most southern European countries, the dominant statistical categorisations merely distinguish individuals on the basis of their nationality. In contrast, most northern European...
Persistent link: https://www.econbiz.de/10005423247