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Manipulation of Choice Behavior
Manzini, Paola - 2011
We introduce and study the problem of manipulation of choice behavior. In a class of two-stage models of decision making, with the agent's choices determined by three "psychological variables," we imagine that a subset of these variables can be selected by a "manipulator." To what extent does...
Persistent link: https://www.econbiz.de/10013121739
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Symmetric and Asymmetric Committees
Ben-Yashar, Ruth - 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/10013123565
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New Insights into Conditional Cooperation and Punishment from a Strategy Method Experiment
Cheung, Stephen L. - 2011
This paper introduces new experimental designs to enrich understanding of conditional cooperation and punishment in public good games. The key to these methods is to elicit complete contribution or punishment profiles using the strategy method. It is found that the selfish bias in conditional...
Persistent link: https://www.econbiz.de/10013125147
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Lotteries vs. All-Pay Auctions in Fair and Biased Contests
Epstein, Gil S. - 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/10013096475
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The Efficacy and Efforts of Interest Groups in Post Elections Policy Formation
Epstein, Gil S. - 2012
hinges on the dominance of its ideologically closer party and, in general, the coalition/opposition blocks of parties under … un-enforced party or coalition/opposition discipline. Such dominance is defined in terms of ideological inclination … the ruling coalition (party) in a majoritarian system with enforced coalition (party) discipline. We then clarify under …
Persistent link: https://www.econbiz.de/10013096476
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Value of Time : Speeding Behavior and Gasoline Prices
Wolff, Hendrik - 2012
Do drivers reduce speeds when gasoline prices are high? Previous research investigating this energy conservation hypothesis produced mixed results. We take a fresh look at the data and estimate a significant negative relationship between speeding and gasoline prices. This presents a new...
Persistent link: https://www.econbiz.de/10013099781
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Consumption and Social Identity : Evidence from India
Khamis, Melanie - 2014
We examine spending on consumption items which have signaling value in social interactions across groups with distinctive social identities in India, where social identities are defined by caste and religious affiliations. The classification of such items was done by eliciting responses to a...
Persistent link: https://www.econbiz.de/10013068817
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Two Heads are Less Bubbly than One : Team Decision-Making in an Experimental Asset Market
Cheung, Stephen L. - 2009
We study the effect of team decision-making on bubbles and crashes in experimental asset markets of the kind introduced by Smith, Suchanek and Williams (1988). We find that populating such markets with teams of size two instead of individuals significantly reduces the severity of mispricing. In...
Persistent link: https://www.econbiz.de/10013155154
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Marriage, Cohabitation and Commitment
Iyigun, Murat - 2009
marry or cohabitate. Marriage encourages but does not ensure a higher level of spousal commitment, which in turn can … generate a larger marital surplus. Individuals' marital preferences and commitment costs vary, and sorting equilibria are based … cooperate and operate efficiently, but some married and all cohabiting couples act with limited commitment and non …
Persistent link: https://www.econbiz.de/10013157043
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Media Bias and Tax Compliance : Experimental Evidence
Fišar, Miloš - 2020
We study the impact of media bias on tax compliance. Through a framed laboratory experiment, we assess how the exposure to biased news about government action affects compliance in a repeated taxation game. Subjects treated with positive news are significantly more compliant than the control...
Persistent link: https://www.econbiz.de/10012842051