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Fehrler, Sebastian; Janas, Moritz - 2021

We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them … individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information … confirm the predicted trade-off, despite some deviations from theory on the individual level. …

Persistent link: https://www.econbiz.de/10012549435

UK trades unions and the problems of collective action

Willman, Paul; Bryson, Alex; Forth, John - 2016

This paper looks at the financial resources of trades unions in the UK, both updating previous work and attempting to understand the management of first and second order collective action problems. First order problems refer to the problems of initiating collective action and second order...

Persistent link: https://www.econbiz.de/10011502561

Can endogenous group formation prevent coordination failure? : A theoretical and experimental investigation

Raab, Philippe (contributor) - 2005

This paper studies the effect of endogenous group formation on the outcome in two types of coordination games with multiple Pareto-ranked equilibria. Endogenous group formation means that in each period players are free to choose among two or more groups within which they want to play the...

Persistent link: https://www.econbiz.de/10002881644

Using the strategy method and elicited beliefs to explain group size and MPCR effects in public good experiments

Gächter, Simon; Mariño Fages, Diego - 2023

Persistent link: https://www.econbiz.de/10014429635

The impact of group membership on cooperation and norm enforcement : evidence using random assignment to real social groups

Götte, Lorenz (contributor); Huffman, David (contributor); … - 2006

Due to incomplete contracts, efficiency of an organization depends on willingness of individuals to take non-selfish actions, e.g., cooperate when there is no incentive to do so, or punish inefficient actions by others. Organizations also constitute a social boundary, or group. We investigate...

Persistent link: https://www.econbiz.de/10003296130

The optimal size for a minority

Rapoport, Hillel; Weiss, Avi - 2001

We investigate a setting in which members of a population, bifurcated into a majority and a minority, transact with randomly matched partners. All members are uniformly altruistic, and each transaction can be carried out cooperatively or through a market mechanism, with cooperative transactions...

Persistent link: https://www.econbiz.de/10011401110

In-group cooperation in a hostile environment : an economic perspective on some aspects of Jewish life in (pre-modern) diaspora

Rapoport, Hillel; Weiss, Avi - 2002

The demographic history of the Jews in the Middle Ages may be characterized by two main phenomena: i) a sharp drop in the number of Jews until the beginning of the modern period, due mainly to conversions; and, ii) early urbanization. Until now, these features have been analyzed as primarily...

Persistent link: https://www.econbiz.de/10011411192

Mutual insurance in the village and beyond

Bell, Clive; Gersbach, Hans; Haller, Hans - 2024

When formal insurance is unavailable, mutual insurance among households can serve as an alternative. This paper analyzes a game between economic agents facing uncertainty and maximizing discounted utility without enforceable contracts or access to capital markets. While autarky is always a...

Persistent link: https://www.econbiz.de/10015084073

Political ideology, mood response, and the confirmation bias

Dickinson, David L. - 2022

from two studies and three distinct decision tasks, we present data on over 1100 participants documenting the confirmation …

Persistent link: https://www.econbiz.de/10013286207

Choices which change life satisfaction : revising SWB theory to account for change

Headey, Bruce; Muffels, Ruud J. A.; Wagner, Gert G. - 2010

on life satisfaction. The results have negative implications for the still dominant theory of SWB, set-point theory. This … theory holds that adult SWB does not change in the medium or long term, although temporary fluctuations occur due to specific … life events. Set-point theory has come under increasing criticism in recent years, primarily due to unmistakable evidence …

Persistent link: https://www.econbiz.de/10003966917