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Naked Exclusion : An Experimental Study of Contracts with Externalities

Landeo, Claudia M. - 2008

This paper reports the results of an experiment designed to assess the ability of an incumbent seller to profitably foreclose a market with exclusive contracts. We use the strategic environment described by Rasmusen, Ramseyer, and Wiley (1991) and Segal and Whinston (2000) where entry is...

Persistent link: https://www.econbiz.de/10012464530

Judicial Politics and Sentencing Decisions

Cohen, Alma - 2018

This paper investigates whether judge political affiliation contributes to racial and gender disparities in sentencing using data on over 500,000 federal defendants linked to sentencing judge. Exploiting random case assignment, we find that Republican-appointed judges sentence black defendants...

Persistent link: https://www.econbiz.de/10012453103

Quantitative Models of Commercial Policy

Ossa, Ralph - 2016

What tariffs would countries impose if they did not have to fear any retaliation? What would occur if there was a complete breakdown of trade policy cooperation? What would be the outcome if countries engaged in fully efficient trade negotiations? And what would happen to trade policy...

Persistent link: https://www.econbiz.de/10012456612

Punishment and Cooperation in Stochastic Social Dilemmas

Xiao, Erte - 2012

Previous findings on punishment have focused on environments in which the outcomes are known with certainty. In this paper, we conduct experiments to investigate how punishment affects cooperation in a two-person stochastic prisoner's dilemma environment where each person can decide whether or...

Persistent link: https://www.econbiz.de/10012460202

Games Daughters and Parents Play : Teenage Childbearing, Parental Reputation, and Strategic Transfers

Hao, Lingxin - 2000

In this paper, we examine the empirical implications of reputation formation using a game-theoretic model of intra-familial interactions. We consider parental reputation in repeated two-stage games in which daughters' decision to have a child as a teenager and the willingness of parents to...

Persistent link: https://www.econbiz.de/10012471097

Domestic Policies, National Sovereignty and International Economic Institutions

Bagwell, Kyle - 1999

To what extent must nations cede control over their economic and social policies if global efficiency is to be achieved in an interdependent world? This question is at the center of the debate over the future role of GATT (and its successor, the WTO) in the realm of labor and environmental...

Persistent link: https://www.econbiz.de/10012471491

The Competition Between Competition Rules

Sinn, Hans-Werner - 1999

Open borders imply systems competition. This paper studies the implications of systems competition for the national competition rules. It is shown that an equilibrium where all countries retain their antitrust laws does not exist, since abolishing this law makes it possible for a single country...

Persistent link: https://www.econbiz.de/10012471517

Conflicts and Common Interests in Committees

Li, Hao - 1999

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/10012471629

Does "Grease Money" Speed Up the Wheels of Commerce?

Kaufmann, Daniel - 1999

In an environment in which bureaucratic burden and delay are exogenous, an individual firm may find bribes helpful to reduce the effective red tape it faces. The efficient grease' hypothesis asserts therefore that corruption can improve economic efficiency and that fighting bribery would be...

Persistent link: https://www.econbiz.de/10012471704

Multilateral Trade Negotiations, Bilateral Opportunism and the Rules of GATT

Bagwell, Kyle - 1999

to which it is not party. In the absence of rules that govern the bilateral negotiation, we first show that the potential … that the market access of a non-participating country is unaltered, and we show that this rule eliminates the potential for … which to protect non-participant welfare and thereby eliminate the potential for opportunistic bilateral negotiations …

Persistent link: https://www.econbiz.de/10012471725

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