Showing 1 - 10 of 166
This paper studies the consequences of asymmetric litigation costs. Under three differ- ent protocols: static legal process, dynamic legal process with exogenous sequencing and dynamic legal process with endogenous sequencing, solutions are obtained for the litigation efforts and the expected...
Persistent link: https://www.econbiz.de/10011090563
The division of a cake by n players is modeled as a game of timing. We show that such games admit a unique Nash equilibrium.
Persistent link: https://www.econbiz.de/10011091953
AMS Classifications: 91A06; 91A10; 91A12
Persistent link: https://www.econbiz.de/10011092002
We study social preferences in a three-person ultimatum game experiment with one proposer and two responders.Any responder can unilaterally punish the proposer.In three treatments, we vary the pecuniary consequences of rejection in such a way that upon rejection of one responder the other...
Persistent link: https://www.econbiz.de/10011092722
We develop a stylized dynamic model of highway policing in which a non-racist police officer is given incentives to arrest criminals, but faces a per stop cost of stop which increases when the racial mix of the persons he stops di.ers from the racial mix of the population.We define the fair jail...
Persistent link: https://www.econbiz.de/10011091482
Persistent link: https://www.econbiz.de/10011091543
This paper proposes that reforms by vote-seeking governments and the existence of reform-adverse voters are logically compatible. This results from a commitment problem on the part of voters. Due to economic voting voters cannot credibly commit to reelect a non-reforming government during a...
Persistent link: https://www.econbiz.de/10011092149
We present the results from a natural experiment in which single mothers on welfare were stimulated to find a job. Two policy instruments were introduced: an earnings disregard and job creation. The experiment was performed at the level of municipalities in The Netherlands, a country with...
Persistent link: https://www.econbiz.de/10011144430
In this paper we examine the impact of information on individual contributions in a public-bad experiment. We compare two experimental treatments. In the partial information treatment, subjects are only informed about the total contributions by their group, whereas in the full information...
Persistent link: https://www.econbiz.de/10011090287
Recent insights from the ‘embodied cognition’ perspective in cognitive science, supported by neural research, provide a basis for a ‘methodological interactionism’ that transcends both the methodological individualism of economics and the methodological collectivism of (some) sociology,...
Persistent link: https://www.econbiz.de/10011090343