Showing 1 - 10 of 1,578
, extending the Diamond-Saez formula. The theory and numerical simulations on the US case show that the level and the slope of the …
Persistent link: https://www.econbiz.de/10013074211
Delinquents are embedded in a network of relationships. Social ties among delinquents are modeled by means of a graph where delinquents compete for a booty and benefit from local interactions with their neighbors. Each delinquent decides in a non-cooperative way how much delinquency effort he...
Persistent link: https://www.econbiz.de/10012763925
In this paper we investigate how cognitive ability and character skills influence behavior, success and the evolution of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences according to cognitive...
Persistent link: https://www.econbiz.de/10013052550
We build a model of conflict in which two groups contest a resource and must decide on the optimal allocation of labor between fighting and productive activities. In this setting, a diaspora emanating from one of the two groups can get actively involved in the conflict by transferring financial...
Persistent link: https://www.econbiz.de/10012981492
This paper studies whether structural properties of friendship networks affect individual outcomes in education. We first develop a model that shows that, at the Nash equilibrium, the outcome of each individual embedded in a network is proportional to her Katz-Bonacich centrality measure. This...
Persistent link: https://www.econbiz.de/10013324756
through outsourcing. The objective is to raise domestic employment. Given that many of the important international markets … domestic sources (the substitution effect), the loss in international competitiveness has a negative volume effect (the output … international policy interdependence that arises when a competing nation also engages in such a policy. An interesting finding is …
Persistent link: https://www.econbiz.de/10013131419
This paper studies oligopolistic competition in education markets when schools can be private and public and when the quality of education depends on "peer group" effects. In the first stage of our game schools set their quality and in the second stage they fix their tuition fees. We examine how...
Persistent link: https://www.econbiz.de/10013085046
choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited …
Persistent link: https://www.econbiz.de/10013088340
to higher unemployment. Also, increased international competition has no affect on the level of outsourcing, but the …
Persistent link: https://www.econbiz.de/10012783501
We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may not be prone to "economic patriotism". A...
Persistent link: https://www.econbiz.de/10013316871