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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
Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848–2009), we investigate whether …
Persistent link: https://www.econbiz.de/10010904923
agents are farsighted, related stability concepts have been proposed. We design a simple network formation experiment to test …
Persistent link: https://www.econbiz.de/10009131101
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The …
Persistent link: https://www.econbiz.de/10005423187
School of Economics, University of Nottingham, University Park Campus and Department of Economics (AE1), Maastricht University
Persistent link: https://www.econbiz.de/10010552188
The scientific community is now developing a new set of scenarios, referred to as Shared Socio-economic Pathways (SSPs) to replace the SRES scenarios. To be used to investigate adaptation and mitigation, SSPs need to be contrasted along two axes: challenges to mitigation, and challenges to...
Persistent link: https://www.econbiz.de/10010561651
This paper proposes different methods to aggregate heterogeneous policies for renewable energy. We compare time-varying indicators built using principal component analysis with average-based indicators. The main goal of the paper is to account for the evolution of both types of policy indicators...
Persistent link: https://www.econbiz.de/10010561653
We explore theoretically and empirically whether social interaction, including local and global interaction, influences the incidence of corruption. We first present an interaction-based model on corruption that predicts that the level of corruption is positively associated with social...
Persistent link: https://www.econbiz.de/10008828390
The topic of corruption has recently attracted a great deal of attention, yet there is still a lack of micro level empirical evidence regarding the determinants of corruption. Furthermore, the present literature has not investigated the effects of political interest on corruption despite the...
Persistent link: https://www.econbiz.de/10004965199
Assume that players strictly rank each other as coalition partners. We propose a procedure whereby they “fall back” on their preferences, yielding internally compatible, or coherent, majority coalition(s), which we call fallback coalitions. If there is more than one fallback coalition, the...
Persistent link: https://www.econbiz.de/10005008013