Showing 1 - 10 of 552
The new information and communication technology, ICT, induces households to take over tasks from firms and government …
Persistent link: https://www.econbiz.de/10011514007
We consider a monopolist who sells identical objects of common but unknown value in a herding-prone environment. Buyers make their purchasing decisions sequentially, and rely on a private signal as well as We consider a monopolist who sells identical objects of common but previous buyers actions...
Persistent link: https://www.econbiz.de/10011409979
The paper investigates strategic campaigning in a model of redistributive politics in a society with many groups and two parties. Campaigns are informative, and parties can target campaigns to different groups. Voters are uncertain about whether parties fabor special groups. The parties will...
Persistent link: https://www.econbiz.de/10011514172
We investigate whether the simple plurality rule aggregates information efficiently in a large election with three …. With two alternatives and strategic voters, the simple plurality rule aggregates information efficiently in elections with … well, including those in which voters vote informatively. -- efficient information aggregation ; simple plurality rule …
Persistent link: https://www.econbiz.de/10009127595
Persistent link: https://www.econbiz.de/10003377041
The literature on both entry deterrence and the influence of special interest groups is extensive. In this paper we attempt to marry these strands of literature by developing a model of entry deterrence through interest group influence in an entry re-regulation context. In contrast to other...
Persistent link: https://www.econbiz.de/10011539115
intermediary, parameters of the information structure (precisions of public and private information), and the level of stress …
Persistent link: https://www.econbiz.de/10009230899
Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through the promise of a lucrative future job opportunity (i.e., the...
Persistent link: https://www.econbiz.de/10012491609
education spending and teacher salaries falls when respondents receive information about existing levels. Treatment effects vary … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …' lower support for increases. Information about the tradeoffs between specific spending categories shifts preferences from …
Persistent link: https://www.econbiz.de/10011565610
have better information about the state of the world than voters. Three types of institutions are compared: direct …
Persistent link: https://www.econbiz.de/10011404317