Showing 1 - 10 of 2,924
We empirically study the determinants of intra-household decision power with respect to economic and financial choices …'s characteristics in terms of age, education, and income. The main conclusion is that decision-making power over family economics is not … time. -- family economics ; intra-household decision power ; gender differences …
Persistent link: https://www.econbiz.de/10009550740
This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We …
Persistent link: https://www.econbiz.de/10003392741
Response times are a simple low-cost indicator of the process of reasoning in strategic games (Rubinstein, 2007; Rubinstein, 2016). We leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on...
Persistent link: https://www.econbiz.de/10011607565
Response times are a simple low-cost indicator of the process of reasoning in strategic games. In this paper, we leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on average when they...
Persistent link: https://www.econbiz.de/10013191643
. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash … only 40% for individuals. -- Strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …
Persistent link: https://www.econbiz.de/10003938152
We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy...
Persistent link: https://www.econbiz.de/10003987136
We investigate the effect of a donation incentive tied to contributions to a public good when group members can decide on the size of the donation to be made. An up to 20 % donation of the public good was implemented either exogenously or endogenously by group members. In the Vote treatment,...
Persistent link: https://www.econbiz.de/10012494092
individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information …We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them … confirm the predicted trade-off, despite some deviations from theory on the individual level. …
Persistent link: https://www.econbiz.de/10012549435
vote independently of each other. Thus, we receive as an empirical result what the previous voting power literature assumed. …
Persistent link: https://www.econbiz.de/10012019199
given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies … that determines the final decision in the legislature. Our first result clarifies how the success of an interest group … weighted by power. Our second result clarifies how the success of an interest group hinges on the dominance of its ideology in …
Persistent link: https://www.econbiz.de/10009675135