Showing 1 - 10 of 152
We provide three alternative characterizations of the proportional solution defined on compact and comprehensive bargaining problems with claims that are not necessarily convex. One characterization result is obtained by using, together with other standard axioms, two solidarity axioms. Another...
Persistent link: https://www.econbiz.de/10003740331
The paper addresses the mechanism design problem of eliciting truthful information from a committee of informed experts who collude in their information disclosure strategies. It is shown that under fairly general conditions full information disclosure is possible if and only if the induced...
Persistent link: https://www.econbiz.de/10009517819
We discuss the existence of a pooling equilibrium in a two-period model of an insurance market with asymmetric information. We solve the model numerically. We pay particular attention to the reasons for non-existence in cases where no pooling equilibrium exists. In addition to the phenom- enon...
Persistent link: https://www.econbiz.de/10012142264
signals to modify employers' beliefs. Relevant mechanisms for reaching this purpose are personal reputation; exploiting ethnic … logit model for immigrants' likelihood of being employed, focusing on the above mentioned mechanisms: reputation, ethnic … private human capital investments. -- Educational Qualifications ; Migrant Networks ; Immigrant Employability ; Reputation …
Persistent link: https://www.econbiz.de/10008810982
initiatives matter in shaping citizens' perceptions of the reputation of the government. We find, however, strong heterogeneity …
Persistent link: https://www.econbiz.de/10015197814
Persistent link: https://www.econbiz.de/10014631977
This paper examines the role of simplified heuristics in the formation of preferences for public goods. Political scientists have suggested that voters use simplified heuristics based on the positions of familiar parties to infer how a proposed policy will affect them and to cast a vote in line...
Persistent link: https://www.econbiz.de/10003892449
A group of agents wants to reform the status quo if and only if this is Pareto improving. Agents have private information and may have common or private objectives, which creates a tension between information aggregation and minority protection. We analyze a simple voting system - majority rule...
Persistent link: https://www.econbiz.de/10010394633
Experimental and observational studies have highlighted the importance of agents being conditionally cooperative when facing a social dilemma. We formalize this mechanism in a theoretical model that portrays a small community having joint access to a common pool resource. The diffusion of norms...
Persistent link: https://www.econbiz.de/10010189315
This paper examines the role of pro-social behavior as a mechanism for the establishment and maintenance of cooperation in resource use under variable social and environmental conditions. By coupling resource stock dynamics with social dynamics concerning compliance to a social norm prescribing...
Persistent link: https://www.econbiz.de/10008746985