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Policy Coordination Under Model Disagreement and Uncertainty

Hefeker, Carsten - 2019

What are the incentives for governments to coordinate their policies internationally when there is model disagreement and uncertainty? We build a model where countries disagree on policy targets and how policies affect the economies, and show that uncertainty not only determines the type of...

Persistent link: https://www.econbiz.de/10012892108

Electoral Reform and Voter Coordination

Fiva, Jon H. - 2019

Electoral reform creates new strategic coordination incentives for voters, but these effects are difficult to isolate …

Persistent link: https://www.econbiz.de/10012892283

Policy Competition, Imitation and Coordination Under Uncertainty

Hefeker, Carsten - 2022

The paper analyzes under what circumstances policymakers experiment with policies with uncertain outcomes, when they prefer to imitate policies initiated in other countries, and when they prefer to coordinate policies internationally. Policymakers have private costs of active policies and...

Persistent link: https://www.econbiz.de/10013289693

Coordination with Differential Time Preferences : Experimental Evidence

Agranov, Marina; Kim, Jeongbin; Yariv, Leeat - 2023

experimentally the effects of discounting differentials in infinitely repeated coordination games. In our data, differential discount … factors play two roles. First, they provide a coordination anchor: more impatient players get higher payoffs first …. Introducing even small discounting differentials reduces coordination failures significantly. Second, with pronounced discounting …

Persistent link: https://www.econbiz.de/10014348138

The Impact of Price Adjustment Costs on Price Dispersion in E-Commerce

Böheim, René - 2019

We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to instrument for potential endogeneity that might result from the selection of firms to certain product markets. We find that greater price adjustment costs result in greater price...

Persistent link: https://www.econbiz.de/10012892080

Why Isn't Uber Worker-Managed? A Model of Digital Platform Cooperatives

Belloc, Filippo - 2019

Thanks to algorithmic management, the digital platform sector does not require sophisticated governance structures and labour intensity tends to be higher than in traditional sectors. So, why arenâ€™t usually digital labour platforms worker cooperatives? We develop a simple model to study...

Persistent link: https://www.econbiz.de/10012866809

On the Evolution of Market Institutions : The Platform Design Paradox

Alós-Ferrer, Carlos; Kirchsteiger, Georg; Walzl, Markus - 2021

We study competition among market designers who create new trading platforms, when boundedly rational traders learn to select among them. We ask whether efficient platforms, leading to market - clearing trading outcomes, will dominate the market in the long run. If several market designers are...

Persistent link: https://www.econbiz.de/10013317023

Norms and the Evolution of Leaders' Followership

Cabrales, Antonio; Hauk, Esther - 2022

In this paper we model the interaction between leaders, their followers and crowd followers in a coordination game with …

Persistent link: https://www.econbiz.de/10014080054

Endogenous Maternity Allowances as Exemplified by Academic Promotion Standards

Ursprung, Heinrich W. - 2019

I model the strategic interaction between scientists aiming for promotion and a research institution that seeks a highly productive faculty by setting a maternity allowance in the form of a minimum promotion standard. The model shows that maternity allowances need not derive from moral justice...

Persistent link: https://www.econbiz.de/10012892094

Academic Achievement and Tracking - a Theory Based on Grading Standards

Ehlers, Tim - 2019

We present a theory explaining the impact of ability tracking on academic performance based on grading policies. Our …

Persistent link: https://www.econbiz.de/10012861399