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this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward …
Persistent link: https://www.econbiz.de/10011255564
altruism sometimes provides a net incentive to report performance truthfully, rather than to bias evaluations upward. The …
Persistent link: https://www.econbiz.de/10011256342
altruism. We show that allowing for private provision of health care, parallel to (free) treatment in a National Health Service …
Persistent link: https://www.econbiz.de/10011256427
In the past, many refinements have been proposed to select equilibria in cheap talk games. Usually, these refinements were motivated by a discussion of how rational agents would reason in some particular cheap talk games. In this paper, we propose a new refinement and stability measure that is...
Persistent link: https://www.econbiz.de/10011257267