Showing 1 - 10 of 596
the theory in a lab experiment where two subjects negotiate how to share a resource; in case of conflict, the subjects … they translate into significant increases in conflict …
Persistent link: https://www.econbiz.de/10014090443
predictions using two experiments. In both cases we find support for the proposition that more intense horizontal conflict leads …Two types of political conflicts of interest pervade many of the world's societies. A horizontal conflict of interest … arises when different constituencies support different policies, while a vertical conflict of interest emerges when those in …
Persistent link: https://www.econbiz.de/10013001771
We examine the mechanics of deterrence and intervention when fear is a motive for conflict. We contrast results … distinguish predatory and preemptive incentives as determinants of conflict. We show that while weapons have an unambiguous …
Persistent link: https://www.econbiz.de/10012759352
Committees improve decisions by pooling independent information of members, but promote manipulation, obfuscation, and exaggeration of private evidence when members have conflicting preferences. We study how self-interest mediates these conflicting forces. When members' preferences differ, no...
Persistent link: https://www.econbiz.de/10013218407
This paper explores the power of threats in the absence of binding commitment. The threatener cannot commit to carrying out the threat if the victim refuses payment, and cannot commit to not carrying out the threat if payment is made. If exercising the threat is costly to the threatener, then...
Persistent link: https://www.econbiz.de/10013224941
This paper examines reputation formation in intra-familial interactions. We consider parental reputation in a repeated two-stage game in which adolescents decide whether to give a teen birth or drop out of high school, and given adolescent decisions, the parent decides whether to house and...
Persistent link: https://www.econbiz.de/10013311959
The absence of a competitive market may enable public-sector workers to extract rents from taxpayers in the form of high pay, especially when public-sector workers are unionized. On the other hand, this rent extraction may be suppressed by the ability of taxpayers to vote with their feet,...
Persistent link: https://www.econbiz.de/10013129229
We analyze government interventions to alleviate debt overhang among banks. Interventions generate two types of rents. Informational rents arise from opportunistic participation based on private information while macroeconomic rents arise from free riding. Minimizing informational rents is a...
Persistent link: https://www.econbiz.de/10013130980
Recent policy proposals have suggested taxing top incomes at very high rates on the grounds that some or all of the highest wage earners are engaged in socially unproductive or counterproductive activities, such as externality imposing speculation in the financial sector. To address this, we...
Persistent link: https://www.econbiz.de/10013125562
We develop a model that shows how rent-seeking behavior on the part of division managers can subvert the workings of an internal capital market. In an effort to stop rent-seeking, corporate headquarters will be effectively forced into paying bribes to some division managers. And because...
Persistent link: https://www.econbiz.de/10012774955