Similar Search Results

Ben-Yashar, Ruth; Danziger, Leif - 2011

This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule. There is an even number of decision makers at each of various skill levels and each committee has an odd number of members. Surprisingly, even with the symmetric assumptions in...

Persistent link: https://www.econbiz.de/10009309640

Give and you shall receive : the emergence of welfare-reducing reciprocity

Murray, Cameron K.; Frijters, Paul; Vorster, Melissa - 2015

We develop a new experiment to study the emergence of welfare-reducing bilateral alliances within larger groups, and the effectiveness of institutional interventions to curtail this reciprocal alliance behaviour. In each of the 25 rounds of our experiments, a player (the 'allocator') nominates...

Persistent link: https://www.econbiz.de/10010513328

Lotteries vs. all-pay auctions in fair and biased contests

Epstein, Gil S.; Mealem, Yosef; Nitsan, Shemuʾel - 2012

The form of contests for a single fixed prize can be determined by a designer who maximizes the contestants' efforts. This paper establishes that, under common knowledge of the two asymmetric contestants' prize valuations, a fair Tullock-type endogenously determined lottery is always superior to...

Persistent link: https://www.econbiz.de/10009675128

Bread and bullets

Akerlof, George A.; Snower, Dennis J. - 2016

Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...

Persistent link: https://www.econbiz.de/10011452045

Politicians, governed vs. non-governed interest groups and rent dissipation

Epstein, Gil S.; Mealem, Yosef - 2013

Government intervention often gives rise to contests and the government can influence their outcome by choosing their type. We consider a contest with two interest groups: one that is governed by a central planner and one that is not. Rent dissipation is compared under two well-known contest...

Persistent link: https://www.econbiz.de/10010212997

Against all odds: tentative steps toward efficient information sharing in groups

Schlangenotto, Darius; Schnedler, Wendelin; Vadovič, … - 2020

When groups face difficult problems, the voice of experts may be lost in the noise of others' contributions. We present results from a 'naturally noisy' setting, a large first-year undergraduate class, in which the 'expert's voice is lost' to such a degree that it is in fact optimal for all...

Persistent link: https://www.econbiz.de/10012257743

The behavioral, economic, and political impact of the internet and social media : empirical challenges and approaches

Sabatini, Fabio - 2023

This paper presents a review of empirical methods used to assess the behavioral, economic, and political outcomes of Internet and social media usage. Instead of merely surveying the various impacts of the Internet, we examine the methods adopted to identify these impacts. We describe two main...

Persistent link: https://www.econbiz.de/10014454429

An experimental study of voting with costly delay

Kwiek, Maksymilian; Marreiros, Helia; Vlassopoulos, Michael - 2015

A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...

Persistent link: https://www.econbiz.de/10011336977

Voting as a war of attrition

Kwiek, Maksymilian; Marreiros, Helia; Vlassopoulos, Michael - 2018

We study communication in committees selecting one of two alternatives when consensus is required and agents have private information about their preferences. Delaying the decision is costly, so a form of multiplayer war of attrition emerges. Waiting allows voters to express the intensity of...

Persistent link: https://www.econbiz.de/10011872697

Nash bargaining and the wage consequences of educational mismatches

Hartog, Joop; Sattinger, Michael - 2012

function can be explained by Nash bargaining between workers and employers. Under fairly mild assumptions, Nash bargaining … exceed the wage reward. This paper reviews the established empirical regularities and then provides Nash bargaining results … that explain these regularities. -- overeducation ; undereducation ; Nash bargaining ; qualitative mismatches ; Mincer …

Persistent link: https://www.econbiz.de/10009672284

1
2
3
4
5
6
7
8
9
10
Next
Last