Showing 1 - 10 of 144
Persistent link: https://www.econbiz.de/10005353086
There has been an extensive research literature on auctions, but recent developments in technology have resulted in new interest in auction mechanisms as a practical way of allocating resources. This paper presents a new double-auction mechanism to handle resource allocation for public goods...
Persistent link: https://www.econbiz.de/10009218216
vary. The experiment implements two marginal return types, low and high, and uses the information that members have about …
Persistent link: https://www.econbiz.de/10008461103
A full understanding of public affairs requires the ability to distinguish between the policies that voters would like the government to adopt, and the influence that different voters or groups of voters actually exert in the democratic process. We consider the properties of a computable...
Persistent link: https://www.econbiz.de/10005729570
We study the problem of locating two public Godds for a group of agents with single-peaked preferences over an interval.
Persistent link: https://www.econbiz.de/10005133102
We consider the problem of provisioon and cost-sharing of multiple public goods. The efficient equal factor equivalent allocation rule makes every agent indifferent between what he receives and the opportunity of choosing the bundle of public goods subject to the constraint of paying r times its...
Persistent link: https://www.econbiz.de/10005545562
return (low and high). Results of a laboratory experiment suggest that, when group members are not aware of the heterogeneity …
Persistent link: https://www.econbiz.de/10010739577
This paper argues that the architecture of a codebase is a critical factor that lies at the heart of the open source development process. We define two observable properties of an architecture: (1) modularity and (2) option value. Developers can often make informed judgments about modularity and...
Persistent link: https://www.econbiz.de/10009191452
, both of which affect subjects' monetary payoffs. The results of our experiment show that private incentives for …
Persistent link: https://www.econbiz.de/10009191641
Empirically, we find that Web logs (or "blogs") often link to other blogs in the same category. We present an analytical model that explains why a rational blogger may choose to link to another blog. We allow bloggers to differ along two dimensions: (1) the ability to post news-breaking content,...
Persistent link: https://www.econbiz.de/10010990424