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Kuang, Pei - 2014

activity over the business cycle. Learning strengthens the role of collateral constraints in aggregate fluctuations. Under … heterogeneous learning rules, numerical simulations illustrate that bankruptcy on the part of borrowers arises sooner as they track …

Persistent link: https://www.econbiz.de/10012010519

A model of housing and credit cycles with imperfect market knowledge

Kuang, Pei - 2014

demand and house prices and reinforce agents' optimism (pessimism). Bayesian learning about house prices can endogenously …

Persistent link: https://www.econbiz.de/10012010535

Competitive markets and boundedly rational expectations

Schumacher, Heiner - 2022 - Version: June 4, 2022

Persistent link: https://www.econbiz.de/10013266447

Gender effects and third-party punishment in social dilemma games

Di Cagno, Daniela; Drouvelis, Michalis; Paiardini, Paola - 2017

This paper investigates whether altruistic punishment when cooperation norms are violated is sensitive to gender effects. Our framework is a one-shot social dilemma game with third-party punishment in which subjects are informed of the others' gender within their group. This allows us to test...

Persistent link: https://www.econbiz.de/10012010204