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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 … risk dominant actions in the population. The existence of leaders and their followers, plus the local interaction, which … followership shows that leader followership can also be locally stable around Pareto dominant leaders. The paper answers the …

Persistent link: https://www.econbiz.de/10013285659

Are women less effective leaders than men? : evidence from experiments using coordination games

Heursen, Lea; Ranehill, Eva; Weber, Roberto A. - 2020

We study whether one reason behind female underrepresentation in leadership is that female leaders are less effective … effective leaders potentially self-confirming. We find no evidence that such bias impacts actual leadership performance … at coordinating action by followers. Two experiments using coordination games investigate whether female leaders are less …

Persistent link: https://www.econbiz.de/10012318370

Competition and quality in regulated markets with sluggish demand

Brekke, Kurt R.; Cellini, Roberto; Siciliani, Luigi; … - 2010

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public utilities), using a Hotelling framework, in the presence of sluggish demand. We take a differential-game approach, and derive the open-loop solution (providers choose the optimal...

Persistent link: https://www.econbiz.de/10003935230

Can competition spoil reciprocity? : a laboratory experiment

Bauernschuster, Stefan; Falck, Oliver; Große, Niels - 2010

This paper investigates how group membership and competition among trustors interact with trust and trustworthiness in a laboratory one-shot trust game. To analyze these effects, we apply a 2x2 design. We induce group membership by letting subjects play coordination games with clear focal...

Persistent link: https://www.econbiz.de/10003935235

A theory of reciprocity

Falk, Armin; Fischbacher, Urs - 2001

This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...

Persistent link: https://www.econbiz.de/10011398368

Wars of conquest and independence

Hodler, Roland; Yektaş, Hadi - 2013

Wars of conquest and wars of independence are characterized by an asymmetric payoff structure: one party gets aggregate production if it wins, and its own production if it loses, while the other party gets only its own production if it wins, and nothing if it loses. We study a model of war with...

Persistent link: https://www.econbiz.de/10009754525

Intention-based fairness preferences in two-player contests

Hoffmann, Magnus; Kolmar, Martin - 2013

We analyze equilibria of two-player contests where players have intention-based preferences. We find that players invest more effort compared to the case with selfish preferences and are even willing to exert effort when the monetary value of the prize converges to zero. As a consequence,...

Persistent link: https://www.econbiz.de/10009702885

A nested contest : Tullock meets the all-pay auction

Amegashie, J. Atsu - 2012

contest. When the contest is symmetric or asymmetric, I find a mixed-strategy equilibrium and describe some properties of the … Tullock contest and the all-pay auction. -- all-pay auction ; discontinuous games ; mixed strategy ; pure strategy ; Tullock …

Persistent link: https://www.econbiz.de/10009659345

Heterogeneity in rent-seeking contests with multiple stages : theory and experimental evidence

Hörtnagl, Tanja; Kerschbamer, Rudolf; Stracke, Rudi; … - 2013

This paper investigates how heterogeneity in contestants ́investment costs affects the competition intensity in a dynamic elimination contest. Theory predicts that the absolute level of investment costs has no effect on the competition intensity in homogeneous interactions. Relative cost...

Persistent link: https://www.econbiz.de/10010199750

Policy experimentation, political competition, and heterogeneous beliefs

Millner, Antony; Ollivier, Hélène; Simon, Leo K. - 2014

We consider a two period model in which an incumbent political party chooses the level of a current policy variable unilaterally, but faces competition from a political opponent in the future. Both parties care about voters payoffs, but they have different beliefs about how policy choices will...

Persistent link: https://www.econbiz.de/10010366185