Showing 1 - 10 of 169
arguments may be perceived as being used for different reasons, for example, out of fairness considerations or in order to … facilitate negotiations. Consistent with experimental and behavioral studies on fairness perceptions, we find that individuals …
Persistent link: https://www.econbiz.de/10012463718
programs. Sustained bargaining power by a party that represents the latter, amid budget rules, results in a rising share of …
Persistent link: https://www.econbiz.de/10013210072
Observing the increasingly important roles played by the creation and transmission of information and tacit knowledge, we construct an information-network model incorporating both information transmitters and information aggregators. Given information-processing roles in aggregation or...
Persistent link: https://www.econbiz.de/10013435147
We experimentally study unanimity and majority voting rules in multilateral bargaining environments with stochastic …
Persistent link: https://www.econbiz.de/10013388790
Despite extensive use of bargaining models in economics and despite Becker's insistence on the importance of altruism … in families, the theoretical literature on bargaining ignores altruism and assumes that everyone is an egoist. This paper … shows that incorporating altruism into cooperative bargaining models shrinks the set potential cooperative bargaining …
Persistent link: https://www.econbiz.de/10013388855
This paper introduces a simulation algorithm for evaluating the log-likelihood function of a large supermodular binary-action game. Covered examples include (certain types of) peer effect, technology adoption, strategic network formation, and multi-market entry games. More generally, the...
Persistent link: https://www.econbiz.de/10014322897
Inefficiencies from tax competition may result in governments seeking to limit fiscal competition via tax treaties, harmonization, minimum tax rates, or interjurisdictional cooperation. I propose a general model applicable to studying many types of taxing instruments, which allows for the...
Persistent link: https://www.econbiz.de/10014372417
We study dynamic price competition between sellers offering differentiated products with limited capacity and a common sales deadline. In every period, firms simultaneously set prices, and a randomly arriving buyer decides whether to purchase a product or leave the market. Given remaining...
Persistent link: https://www.econbiz.de/10014635636
What is inequality in health? Are economists' standard tools for measuring income inequality relevant or useful for measuring it? Does income protect health and does income inequality endanger it? I discuss two different concepts of health inequality and relate each of them to the literature on...
Persistent link: https://www.econbiz.de/10012471653
Algorithms (in some form) are already widely used in the criminal justice system. We draw lessons from this experience for what is to come for the rest of society as machine learning diffuses. We find economists and other social scientists have a key role to play in shaping the impact of...
Persistent link: https://www.econbiz.de/10012629487