Showing 1 - 5 of 5
There is a proliferation of economics blogs, with increasing numbers of economists attracting large numbers of readers, yet little is known about the impact of this new medium. Using a variety of experimental and non-experimental techniques, we try to quantify some of their effects. First, links...
Persistent link: https://www.econbiz.de/10009293990
An adversarial game is used to model the amount of influence a firm has over a government regulator, and its equilibrium level of regulation, as a function of firm fundamentals. The effective influence of a firm is identified as comprising both intrinsic and exerted components; where the latter...
Persistent link: https://www.econbiz.de/10009131008
Can we identify the members of a community who are best- placed to diffuse information simply by asking a random sample of in- dividuals? We show that boundedly-rational individuals can, simply by tracking sources of gossip, identify those who are most central in a network according to...
Persistent link: https://www.econbiz.de/10011083579
This paper studies multi-agent optimal contracting with cost synergies. We model synergies as the extent to which effort by one agent reduces his colleague's marginal cost of effort. An agent's pay and effort depend on the synergies he exerts, the synergies his colleagues exert on him and,...
Persistent link: https://www.econbiz.de/10011083625
The willingness to migrate and locational choice may be influenced by others’ choices or plans, particularly if the ‘other people’, such as family and friends, are migrants, former migrants, or potential migrants themselves. We examine the roles ‘other people’ play in influencing an...
Persistent link: https://www.econbiz.de/10005666772