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Paradox of Credibility
Jung, Hanjoon Michael - Volkswirtschaftliche Fakultät, … - 2008
In an information transmission situation, a sender's concern for its credibility could endow itself with an invisible …, the sender can achieve its favored outcome without losing its credibility, which stays true even when the sender and the … receiver have contradictory preferences. Therefore, the sender's concern for its credibility could result in less truthful …
Persistent link: https://www.econbiz.de/10005789900
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The Perverse Incentive of Knowing the Truth
Garcia-Martinez, Jose A. - Volkswirtschaftliche Fakultät, … - 2013
We show that the observation by a principal of the effectiveness of an expert‘s action could induce the expert to lie, damaging the principal. A career-minded expert receives a private-informative signal about the real state of the world, and then he takes an action that can match or not the...
Persistent link: https://www.econbiz.de/10011259447
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Institution design in social dilemmas: How to design if you must?
Rockenbach, Bettina; Wolff, Irenaeus - Volkswirtschaftliche Fakultät, … - 2009
Considerable experimental evidence has been collected on how to solve the public-good dilemma. In a 'first generation' of experiments, this was done by presenting subjects with a pre-specified game out of a huge variety of rules. A 'second generation' of experiments introduced subjects to two...
Persistent link: https://www.econbiz.de/10005108453
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Who emerges from smoke-filled rooms? Political parties and candidate selection
Motz, Nicolas - Volkswirtschaftliche Fakultät, … - 2012
This paper presents a model of candidate selection through political parties where politicians differ in terms of their quality and their favored policies. The central assumption is that political parties are better informed about their potential candidates than voters are. In addition, parties...
Persistent link: https://www.econbiz.de/10011108884
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Who emerges from smoke-filled rooms? Political parties and candidate selection
Motz, Nicolas - Volkswirtschaftliche Fakultät, … - 2012
This paper presents a model of candidate selection through political parties where politicians differ in terms of their quality and their favored policies. The central assumption is that political parties are better informed about their potential candidates than voters are. Questions of interest...
Persistent link: https://www.econbiz.de/10011112180
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Does electoral strength affect politician's trade policy preferences? Evidence from Japan
Ito, Banri - Volkswirtschaftliche Fakultät, … - 2015
This study examines the effect of electoral strength on politician's trade policy preferences using data of candidates running for the members of the House of Representatives in Japan. The results reveal that the electoral strength measured by the margin of vote affects candidates' trade policy...
Persistent link: https://www.econbiz.de/10011189018
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Argumentation Quantity and Quality: A Litigation Success Function
Osório-Costa, António M. - Volkswirtschaftliche Fakultät, … - 2015
Arguments are statements used to persuade someone or in support of a claim. However, these are not perfect and part are be exploited by the opponent to build its own argumentation. In this paper we present a litigation success function (LSF) that considers the quality of the plainti¤ and...
Persistent link: https://www.econbiz.de/10011212784
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Experimental Comparison of Multi-Stage and One-Stage Contests
Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2009
This article experimentally studies a two-stage elimination contest and compares its performance with a one-stage contest. Contrary to the theory, the two-stage contest generates higher revenue than the equivalent one-stage contest. There is significant over-dissipation in both stages of the...
Persistent link: https://www.econbiz.de/10011258638
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Resource Allocation Contests: Experimental Evidence
Shupp, Robert; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2013
Many resource allocation contests have the property that individuals undertake costly actions to appropriate a potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation contests which are isomorphic under risk-neutrality. The...
Persistent link: https://www.econbiz.de/10011259038
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Essays on Experimental Investigation of Lottery Contests
Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2009
A contest is a situation in which individuals or groups expend costly resources while competing to win a specific prize. The variety of economic situations that can be described as contests has attracted enormous attention from economic theorists. Despite the extensive theoretical research of...
Persistent link: https://www.econbiz.de/10011259262