Showing 1 - 10 of 1,586
, 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
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem - when a foreign firm sinks an investment to provide infrastructure services. We focus on the structure of the economy's bureaucracy, which can be centralized or decentralized,...
Persistent link: https://www.econbiz.de/10012778446
Persistent link: https://www.econbiz.de/10013053519
We assess the causal effect of private tutoring on the probability of university placement in Turkey. We find that tutoring increases the probability of being placed in a university when non-random selection is ignored. Moreover, among those utilizing private tutoring, greater expenditure on...
Persistent link: https://www.econbiz.de/10013325035
, firms are price-makers and wage-setters. Our setting combines monopolistic and monopsonistic competition, thus encapsulating …
Persistent link: https://www.econbiz.de/10013139040
This paper assesses the impact of product market competition on job instability as proxied by the use of fixed … Strategies Survey, I show that job instability rises with competition. In particular, a one standard deviation increase in … competition in an economic sector decreases the probability that a fixed-term worker gets an open-ended contract within that …
Persistent link: https://www.econbiz.de/10013125476