Showing 1 - 10 of 39
We study a version of the Colonel Blotto game where valuations across battlefields are heterogeneous and asymmetric. These games can exhibit unique pure strategy equilibria, some of which are non-monotonic with respect to the battlefield valuations. We test our theoretical predictions in the...
Persistent link: https://www.econbiz.de/10011407610
supported in equilibrium by the largest set of beliefs. We conduct experiments to test the predictive power of the existing and …
Persistent link: https://www.econbiz.de/10010339744
This paper uses variation in the timing of the Mexican antipoverty program's introduction across municipalities to identify its impact on the share of votes for the local incumbent party. Evidence is found that voters reward the mayor's party for the central benefit to their constituencies,...
Persistent link: https://www.econbiz.de/10011289331
heterogeneous expectations in one-to-one matching models and voting models, and show that the relaxation of the hypothesis of common …
Persistent link: https://www.econbiz.de/10011660644
We study the impact of loss-aversion and the threat of catastrophic damages, which we jointly call threshold concerns …, on international environmental agreements. We aim to understand whether a threshold for dangerous climate change is as an …), or low damages (gain domain). Under symmetry, that is when countries display identical degrees of threshold concern, we …
Persistent link: https://www.econbiz.de/10011457579
aim is to avoid losses that can ensue if the sum of their contributions falls short of a threshold. Earnings are split …
Persistent link: https://www.econbiz.de/10011457585
Pairwise stability (Jackson and Wolinsky, 1996) is the standard stability concept in network formation. It assumes myopic behavior of the agents in the sense that they do not forecast how others might react to their actions. Assuming that agents are farsighted, related stability concepts have...
Persistent link: https://www.econbiz.de/10009126051
We perform a controlled experiment to study the welfare effects of competition in a strategic communication environment. Two equally informed senders with conflicting interests can misreport information at a cost. We compare a treatment where only one sender communicates to a treatment where...
Persistent link: https://www.econbiz.de/10013463870
The best shot game applied to networks is a discrete model of many processes of contribution to local public goods. It has generally a wide multiplicity of equilibria that we refine through stochastic stability. In this paper we show that, depending on how we define perturbations, i.e. the...
Persistent link: https://www.econbiz.de/10008747116
This paper analyzes the private provision of public goods where consumers interact within a fixed network structure and may benefit only from their direct neighbors' provisions. We present a proof for existence and uniqueness of a Nash equilibrium with general best-reply functions. Our...
Persistent link: https://www.econbiz.de/10009501125