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Equilibrium Selection in Cheap Talk Games: ACDC rocks when Other Criteria remain silent
Ruiz, Adrian de Groot; Offerman, Theo; Onderstal, Sander - Tinbergen Institute - 2011
Currently no refinement exists that successfully selects equilibria across a wider range of Cheap Talk games. We propose a generalization of refinements based on credible deviations, such as neologism proofness and announcement proofness. According to our Average Credible Deviation Criterion...
Persistent link: https://www.econbiz.de/10008838631
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Consumers Networks and Search Equilibria
Galeotti, Andrea - Tinbergen Institute - 2004
search for price quotations and the information gathered are non-excludable along direct links. This allows me to explore the …
Persistent link: https://www.econbiz.de/10005504914
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Catching Hipo's: Screening, Wages and Unemployment
Janssen, Maarten C.W. - Tinbergen Institute - 2000
In this paper, I study the wage a firm sets to attract high ability workers (hipo's) in situations of unemployment. I show that the higher unemployment, the larger a firm's incentives to sort high and low ability workers. Moreover, workers will signal their (high) ability in situations of (high)...
Persistent link: https://www.econbiz.de/10005209524
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Terrorist Targeting, Information, and Secret Coalitions
Koster, Maurice; Lindner, Ines; McCormick, Gordon; … - Tinbergen Institute - 2010
We consider a game played by a state sponsor of terrorism, a terrorist group, and the target of terrorist attacks. The sponsoring state wishes to see as much damage inflicted on the target of attack as possible, but wishes to avoid retaliation. To do so, his relationship with the terrorist group...
Persistent link: https://www.econbiz.de/10008513219
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Information Overload in Monopsony Markets
Ficco, Stefano - Tinbergen Institute - 2004
(employer). Productivity is private information to the senders, and the receiver processes imperfect signals (applications) to … screen among applicants. The information-processing technology is imperfect: the accuracy of each signal in predicting the …, information overload occurs as there exist equilibria in which too many people apply and the receiver neglects some applications …
Persistent link: https://www.econbiz.de/10005137222
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Why Are Residents Reluctant to Consult Attending Physicians?
Swank, Otto H. - Tinbergen Institute - 2009
A physician performs two tasks: making diagnoses and determining treatments. To reduce medical error, residents are supposed to consult their supervisors when they face uncommon circumstances. However, recent research shows that residents are reluctant to do so. This paper presents a model that...
Persistent link: https://www.econbiz.de/10005016275
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Policy Makers, Advisors, and Reputation
Wrasai, Phongthorn; Swank, Otto H. - Tinbergen Institute - 2004
When hiring an adviser (he), a policy maker (she) often faces the problem that she has incomplete information about his … stamp on future policy reduces his incentive to manipulate information. This paper shows that the policy maker's power to …
Persistent link: https://www.econbiz.de/10005137032
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A Simple Model of Self-Assessments
Martinez, Silvia Dominguez; Swank, Otto H. - Tinbergen Institute - 2006
We develop a simple model that describes individuals’ self-assessments of
Persistent link: https://www.econbiz.de/10005036249
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On the Role of Pre-Determined Rules for HRM Policies
Dominguez-Martinez, Silvia; Swank, Otto H. - Tinbergen Institute - 2011
Using simple game-theoretical models, this paper studies the role of pre-determined rules for HRM policies. We consider a model in which HRM decisions affect employees' self-images and thereby their motivation. We show that in the absence of written rules, managers are too reluctant (1) to...
Persistent link: https://www.econbiz.de/10008838653
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Do Elections lead to Informed Public Decisions?
Swank, Otto H.; Visser, Bauke - Tinbergen Institute - 2003
political process and the production of policy relevant information; on the role played by probing into candidates' past; and on …
Persistent link: https://www.econbiz.de/10005137020