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Merchants of Doubt : Corporate Political Influence When Expert Credibility is Uncertain
Chiroleu-Assouline, Mireille - 2016
policymakers. However, recent evidence has emerged showing that industry-backed groups often attempt to undermine the credibility …
Persistent link: https://www.econbiz.de/10012977549
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Credibility for Sale
Dellas, Harris - 2013
We develop a sovereign debt model with official and private creditors where default risk depends on both the level and the composition of liabilities. Higher exposure to official lenders improves incentives to repay but carries extra costs, such as reduced ex-post flexibility. The model implies...
Persistent link: https://www.econbiz.de/10013078524
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Tenancy Rent Control and Credible Commitment in Maintenance
Arnott, Richard J. - 2014
Under tenancy rent control, rents are regulated within a tenancy but not between tenancies. This paper investigates the effects of tenancy rent control on housing quality and maintenance. Since the discounted revenue received over a fixed-duration tenancy depends only on the starting rent,...
Persistent link: https://www.econbiz.de/10013058510
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Does Membership in International Organizations Increase Governments' Credibility? Testing the Effects of Delegating Powers
Dreher, Axel - 2008
This paper analyzes whether nation-state governments can increase their credibility by becoming members of … international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have … organizations can improve the credibility of nation-state governments. This hypothesis is tested by introducing three new indicators …
Persistent link: https://www.econbiz.de/10012772030
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Strategic Implications of Counter-Geoengineering : Clash or Cooperation?
Heyen, Daniel - 2018
Solar geoengineering has received increasing attention as an option to temporarily stabilize global temperatures. A key concern surrounding these technologies is that heterogeneous preferences over the optimal amount of cooling combined with low deployment costs may allow the country with the...
Persistent link: https://www.econbiz.de/10012910620
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Sequential versus Simultaneous Contributions to Public Goods : Experimental Evidence
Gaechter, Simon - 2009
We report an experiment comparing sequential and simultaneous contributions to a public good in a quasi-linear two-person setting (Varian, Journal of Public Economics, 1994). Our findings support the theoretical argument that sequential contributions result in lower overall provision than...
Persistent link: https://www.econbiz.de/10012763994
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The Non-Constant-Sum Colonel Blotto Game
Roberson, Brian - 2008
The Colonel Blotto game is a two-player constant-sum game in which each player simultaneously distributes her fixed level of resources across a set of contests. In the traditional formulation of the Colonel Blotto game, the players' resources are quot;use it or lose itquot; in the sense that any...
Persistent link: https://www.econbiz.de/10012770491
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Strategically Simple Mechanisms
Borgers, Tilman - 2018
We define and investigate a property of mechanisms that we call “strategic simplicity,” and that is meant to capture the idea that, in strategically simple mechanisms, strategic choices are easy. We define a mechanism to be strategically simple if strategic choices can be based on...
Persistent link: https://www.econbiz.de/10012925256
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Public Goods Provision with Rent-Extracting Administrators
Cagala, Tobias - 2018
This paper studies public goods provision in an experiment in which contributors repeatedly interact with rent-extracting administrators. Our main result is that the presence of an administrator reduces contributions but only because rent extraction lowers the MPCR. Analysing the dynamic...
Persistent link: https://www.econbiz.de/10012927572
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Transparency is Overrated : Communicating in a Coordination Game with Private Information
Cabrales, Antonio - 2018
We consider an experiment with a version of the Battle of the Sexes game with two-sided private information, allowing a possible round of either one-way or two-way cheap talk before the game is played. We compare different treatments to study truthful revelation of information and subsequent...
Persistent link: https://www.econbiz.de/10012928248