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Meisner, Vincent; Wangenheim, Jonas von - 2021

Evidence suggests that participants in direct student-proposing deferred-acceptance mechanisms (DA) play dominated strategies. To explain the data, we introduce expectation-based loss aversion into a school-choice setting and characterize choice-acclimating personal equilibria in DA. We find...

Persistent link: https://www.econbiz.de/10012698801

Household formation and markets

Gersbach, Hans; Haller, Hans; Konishi, Hideo - 2013 - This Version: September 2013

/woman-pair can deviate profitably. We find a set of sufficient conditions under which a stable matching equilibrium exists. We …

Persistent link: https://www.econbiz.de/10010189829

Constraints on matching markets based on moral concerns

Huesmann, Katharina; Wambach, Achim - 2015

concerns. Instead of exogenously restricting transfers on a matching market, we introduce a desideratum based on fairness …

Persistent link: https://www.econbiz.de/10010519953

Inefficient school choice in a long-run urban equilibrium

Kamecke, Ulrich - 2014

We model centralized school matching as a second stage of a simple Tiebout-model and show that the two most discussed …

Persistent link: https://www.econbiz.de/10010412399

Paying to match : decentralized markets with information frictions

Agranov, Marina; Dianat, Ahrash; Samuelson, Larry; … - 2021

We experimentally study decentralized one-to-one matching markets with transfers. We vary the information available to … markets often culminate in efficient matchings, stability is more elusive, reﬂecting the difficulty of arranging attendant … transfers. Second, incomplete information and submodularity present hurdles to efficiency and especially stability; their …

Persistent link: https://www.econbiz.de/10012415563

Super-additive cooperation

Efferson, Charles; Bernhard, Helen; Fischbacher, Urs; … - 2022

Repeated interactions provide a prominent but paradoxical hypothesis for human cooperation in one-shot interactions. Intergroup competitions provide a different hypothesis that is intuitively appealing but heterodox. We show that neither mechanism reliably supports the evolution of cooperation...

Persistent link: https://www.econbiz.de/10013465492

The behavioral mechanisms of voluntary cooperation across culturally diverse societies : evidence from the US, the UK, Morocco, and Turkey

Weber, Till O.; Schulz, Jonathan F.; Beranek, Benjamin; … - 2023

We examine the role of cooperative preferences, beliefs, and punishments to uncover potential cross-societal differences in voluntary cooperation. Using one-shot public goods experiments in four comparable subject pools from the US and the UK (two similar Western societies) and Morocco and...

Persistent link: https://www.econbiz.de/10014338895

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 local interaction. The steady states of a dynamic best-response process can feature a coexistence of Pareto dominant and risk dominant actions in the population. The existence...

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

Probabilistic procurement auctions

Giebe, Thomas; Schweinzer, Paul - 2013

We analyse procurement auctions in which sellers are distinguished on the basis of the ratios of quality per unit of money that they offer. Sellers are privately informed on the offered quality of the technology or good. We assume that the procurer cannot perfectly identify the best offer. Thus,...

Persistent link: https://www.econbiz.de/10009765519

All-pay-all aspects of political decision making

Giebe, Thomas; Schweinzer, Paul - 2013

We study decision making processes with non-standard all-pay structures. We motivate this interest through a group of regulatory, political, legal, military, and economic applications where individual actions determine the consequences for a larger group or the public. The common features of...

Persistent link: https://www.econbiz.de/10009766675