Showing 1 - 10 of 138
In this paper we study the relationship between multi-way means of communication and corruption. Unlike traditional platforms like TV or print media, which only provide a one-way channel of communication, the internet and social media platforms provide for two-way flow of information. Using...
Persistent link: https://www.econbiz.de/10011162480
Using data from a survey of 160 urban borrowing groups of the Microfund for Women in Jordan, we investigate the effect of screening, peer monitoring, group pressure, and social ties on borrowing groups’ repayment behavior as an indirect test of different theoretical models. The dependent...
Persistent link: https://www.econbiz.de/10010861747
In this paper we characterize efficient networks for network formation games with global spillovers, that satisfy convexity and sub-modularity properties. This allows us to complete the work of Goyal and Joshi (2006) and Westbrock on collaborative oligopoly networks. In particular, we establish...
Persistent link: https://www.econbiz.de/10010861753
Several current issues in economics are centered on scheduling and matching problems, notably including the 2012 Nobel Prize winning work. Such problems usually lie outside the scope of most undergraduate courses. The authors present a relatively simple problem that can be used to introduce the...
Persistent link: https://www.econbiz.de/10010861755
Our paper belongs to the strand of literature associated with the notion of Nash networks introduced by Bala and Goyal [1] in the connections model. Our aim is to consider situations where agent i has concerns about the validity of information that she acquires from agent j. Independently...
Persistent link: https://www.econbiz.de/10010861756
In this paper, we examine a modied 2 x 2 game of Hex in which control of each cell is determined by a Tullock contest. The player establishing a path of cells within his control between his two sides wins a fixed prize. Examining the polar cases of all cells being contested simultaneously versus...
Persistent link: https://www.econbiz.de/10010861759
Persistent link: https://www.econbiz.de/10005800504
We estimate a structural model of optimal life-cycle housing and nonhousing con- sumption in the presence of labor income and house price uncertainties. The model postulates constant elasticity of substitution between housing service and nonhousing consumption, and explicitly incorporates a...
Persistent link: https://www.econbiz.de/10011096676
In this article, we explore whether relative risk aversion varies with wealth. First, we derive theoretical predictions on how risky shares respond to wealth uctuations in a portfolio choice model with both external habits and time-varying labor income. Our analytical results indicate that: (1)...
Persistent link: https://www.econbiz.de/10011162479
Do immigrants have better labor-market outcomes under Democratic governors? By exploiting variations associated with close elections in a regression discontinuity (RD) design applied on gubernatorial elections in 50 states over the last two decades, we find that immigrants are more likely to be...
Persistent link: https://www.econbiz.de/10011167363