Showing 1 - 10 of 17
We argue that a social norm and the coordination of behavior within social groups can be expressed by a correlated equilibrium. Given a social group structure (a partition of individuals into social groups), we propose four conditions that one may expect of a correlated equilibrium consistent...
Persistent link: https://www.econbiz.de/10011035946
Persistent link: https://www.econbiz.de/10012094740
Whether motivated by reciprocity or conformity, imitation is common in public good contexts. We consider the incentive for an agent to contribute to a public good if he expects imitation from others. Using a sequential public good game with exogenous ordering, we show that agents early enough in...
Persistent link: https://www.econbiz.de/10008670709
An individual's contribution to a public good may be seen by others as a signal of attributes such as generosity or wealth. An individual may, therefore, choose their contribution so as to send an appropriate signal to others. In this paper, we question how the inferences made by others will...
Persistent link: https://www.econbiz.de/10008670717
Persistent link: https://www.econbiz.de/10012192267
Persistent link: https://www.econbiz.de/10012283045
Persistent link: https://www.econbiz.de/10012636129
Persistent link: https://www.econbiz.de/10012636131
In a classic model of tax competition, this paper shows that the level of public good provision and taxation in a decentralized equilibrium can be efficient or inefficient with either too much or too little public good provision. The key is whether there exists a unilateral incentive to deviate...
Persistent link: https://www.econbiz.de/10005215834
Thanks. Copyright 2008 Blackwell Publishing, Inc..
Persistent link: https://www.econbiz.de/10005143333