Showing 1 - 10 of 42
It is shown that rent-seeking contests with continuous and independent type distributions possess a unique pure-strategy Nash equilibrium.
Persistent link: https://www.econbiz.de/10010939496
Trendsetters wish to be perceived as the type that defines normative behavior. Incorporating norm formation in Bernheim (1994)’s model yields equilibria with social considerations concentrating behavior, allowing multiple conformist pools. Refinements link each pooling equilibrium to a unique...
Persistent link: https://www.econbiz.de/10011263424
We study the effects of economic shocks on civil conflict at the subnational level using a panel dataset of 5689 administrative regions from 53 African countries with yearly observations from 1992 to 2010. We find that economic shocks, measured by nighttime light intensity and instrumented by...
Persistent link: https://www.econbiz.de/10010930714
We study the stability of decision making in committees. A policy proposal introduced by a committee member is either adopted or abandoned in favor of a new proposal after deliberations. If a proposal is abandoned, it is in spite of the committee member who introduced it, who does not cooperate...
Persistent link: https://www.econbiz.de/10010743673
We propose an evolutionary game to analyse the dynamics of tolerance among heterogeneous economic agents. We show that: (i) intolerance is much more persistent than tolerance; (ii) a fully tolerant society assures prosperity; (iii) cultural integration should precede economic integration.
Persistent link: https://www.econbiz.de/10010681756
In Uttar Pradesh, teams of four are engaged to dig soil under the NREGA programme. In one treatment spouses work together; in the other treatment they work in separate teams. Working with spouses is associated with significantly higher output.
Persistent link: https://www.econbiz.de/10010688094
Collective household models posit that each household member has access to a fraction of the household budget, called a resource share, which defines the shadow budget faced by a household member. Together with the within-household shadow price vector, the shadow budget determines the material...
Persistent link: https://www.econbiz.de/10010594114
Using LCV score data, we find that female legislators favor stricter environmental policies than do their male counterparts. Moreover, gender-corrected estimates suggest that voters do not push environmental policy towards the middle, but rather select the ideologically closest candidate.
Persistent link: https://www.econbiz.de/10010572162
A new axiom, symmetry-based compromise, is introduced to study solutions to convex bargaining problems. It is shown that any efficient solution that is also scale invariant and satisfies symmetry-based compromise must be Nash.
Persistent link: https://www.econbiz.de/10010572187
We match individual senators’ voting behavior on legislative proposals with 24 real referendum decisions on exactly the same issues with identical wording. This setting allows us to evaluate the median voter model’s quality with revealed constituents’ preferences. Results indicate a...
Persistent link: https://www.econbiz.de/10010576451