Showing 1 - 10 of 99
Conflict can cause negative externalities to arise, and this can result in economic loss. Such externalities are also … this hypothesis, the present paper explores how the degree of conflict between rich and poor people is associated with … where people perceive conflict between rich and poor to be high; (2) an individual is more likely to consider the income …
Persistent link: https://www.econbiz.de/10011421469
We propose the minimum approval mechanism (MAM) for a standard linear public good environment with two players. Players simultaneously and privately choose their contributions to the public good in the first stage. In the second stage, they simultaneously decide whether to approve the other's...
Persistent link: https://www.econbiz.de/10010332274
We propose the minimum approval mechanism (MAM) for a standard linear public good environment with two players. Players simultaneously and privately choose their contributions to the public good in the first stage. In the second stage, they simultaneously decide whether to approve the other’s...
Persistent link: https://www.econbiz.de/10014157950
reputation for honesty. We characterize conditions under which there exists a 'two-tier equilibrium' in which 'reputable …' auditors refuse bribes offered by clients for fear of losing reputation, while 'disreputable' auditors accept bribes because … even persistent refusal does not create a good reputation. The main findings are: (a) honest auditors charge higher fees …
Persistent link: https://www.econbiz.de/10010332213
This study investigates the relationship of relative income on males' marital behavior using individual data taken from the Japanese Employment Status Survey. The data show that relatively low-income males among each reference group are more likely to marry when their income approaches the 50th...
Persistent link: https://www.econbiz.de/10013349614
In multi-object auction models with unitary demand agents, if agents’ utility functions satisfy quasi-linearity, three auction formats, sealed-bid auction, exact ascending auction, and approximate ascending auction, are known to identify the minimum price equilibrium (MPE), and exhibit...
Persistent link: https://www.econbiz.de/10012544008
Conflict can cause negative externalities to arise, and this can result in economic loss. Such externalities are also … this hypothesis, the present paper explores how the degree of conflict between rich and poor people is associated with … where people perceive conflict between rich and poor to be high; (2) an individual is more likely to consider the income …
Persistent link: https://www.econbiz.de/10013049677
This paper studies public good provision in the laboratory using voluntary contribution mechanism, in a cross-cultural experiment conducted in the United States and Japan.
Persistent link: https://www.econbiz.de/10008458115
This paper presents a result of a voluntary contribution mechanism experiment with partial communication. We found that the trend of mean investments depended on whether a communication network was connected or not and on how fast all subjects could share information.
Persistent link: https://www.econbiz.de/10008509300
The paper investigates how competition between two multiproduct downstream firms in vertical relationships affects horizontal relationships: competitor collaboration and performance difference. When the upstream market consists of exclusive suppliers, the efficient firm may have incentive for...
Persistent link: https://www.econbiz.de/10011421483