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Abstract We experimentally study equilibrium selection in repeated coordination games played on networks. We test predictions from three competing theories. In line with payoff-dominance as a deductive selection principle, experienced subjects coordinate on the payoff-dominant (but...
Persistent link: https://www.econbiz.de/10014618822
Europe. The positions taken by representatives of governments and national parliaments at the European Convention show that …
Persistent link: https://www.econbiz.de/10009636917
This study explores the role played by the European Parliament during the European Convention from an internal and … Convention, including the political groups, are scrutinised in order to elaborate some principles for the convening of future … in the Convention with various mandates and those in the Committee on Constitutional Affairs, between MEPs and the …
Persistent link: https://www.econbiz.de/10010487783
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. Regional annexes to the Convention have been developed by relevant Parties detailing the particular conditions and priority …
Persistent link: https://www.econbiz.de/10011887694
policies whose effectiveness depends on how much they can influence the convention itself. This alternative understanding of …
Persistent link: https://www.econbiz.de/10012610200
While mainstream policies may be beyond improvement in the enchanted ›optimizable‹ world, Post Keynesians have to manage without a magic wand in our uncertain world. We discuss the alternative policies proposed in the recent Post Keynesian literature and argue that control of interest rates...
Persistent link: https://www.econbiz.de/10014363058
The paper argues that beyond the deviations of the long-term interest rate the monetary authority may cause, it is the rate determined by the market conventional expectations that prevails eventually. Lasting influence requires the authority to be capable of changing the market conventional...
Persistent link: https://www.econbiz.de/10014363132
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