Showing 1 - 10 of 308
We analyze binary choice models in communication networks, in which both, the formation of links in the network as well as the action choices are endogenous. We provide a complete characterization of the equilibrium action choices and networks, where agents choose their strategies - actions and...
Persistent link: https://www.econbiz.de/10011663181
A popular uprising in 2014, led to a revolution overthrowing the sitting president of Burkina Faso. We investigate if … individuals' risk attitudes changed due to this revolution. Specifically, we investigate the impact of the revolution on risk … the revolution. Our results suggest that the impact of the revolution is short-term. Individuals become risk averse during …
Persistent link: https://www.econbiz.de/10012013526
Citizens political participation to protests is a crucial issue for any political system, whether democratic or … autocratic. Political systems have different ways of dealing with citizens' protests, determining cost and benefit of public … this paper is to analyze causes and consequences of citizens' protests, focusing on how private and public information …
Persistent link: https://www.econbiz.de/10013470517
Persistent budget deficits are commonly blamed on irresponsible governments. However, even if the government is fiscally responsible, the agents in charge of implementing the budget may be less concerned about fiscal discipline. According to the survey data analyzed in this paper, such conflicts...
Persistent link: https://www.econbiz.de/10013208669
We survey the empirical literature in economics on the impact of media technologies on social capital. Motivated by a simple model of information and collective action, we cover a range of different outcomes related to social capital, from social and political participation to interpersonal...
Persistent link: https://www.econbiz.de/10013254717
In this paper we consider a deterministic complete information two groups contest where the effort choices made by the teammates are aggregated into group performance by the weakest-link technology (perfect complementarity), that is a "max-min group contest", as defined by Chowdhury et al....
Persistent link: https://www.econbiz.de/10014577270
We study effort provision and incentivisation in a Tullock group-contest with m Ï 2 groups that differ in size. A novel algorithmic procedure is presented that, under a symmetry assumption, explicitly characterises the equilibrium. Endogenous, optimal incentivisation schemes are then...
Persistent link: https://www.econbiz.de/10014577302
We present a model of growth and distributional conflict that implies a non-monotonic relationship between average wealth and the likelihood of radical redistribution: while the net benefits of redistribution for members of the poor class are small at low stages of development, a shift towards...
Persistent link: https://www.econbiz.de/10011430034
Social capital is often associated with desirable political and economic outcomes. This paper contributes to a growing literature on its "dark side". We examine the role of social capital in the downfall of democracy in interwar Germany. We analyze Nazi Party entry in a cross-section of cities,...
Persistent link: https://www.econbiz.de/10011282481
Previous experiments on public goods dilemmas have found that the opportunity to punish leads to higher contributions and reduces the free rider problem; however, a substantial amount of punishment is targeted on high contributors. In the experiment reported here, subjects are given the...
Persistent link: https://www.econbiz.de/10010318915