Showing 1 - 10 of 8,054
This paper considers the search for the best papers by the editors of an academic journal. At each period, each editor receives a set of submissions and has to decide which paper to accept. Some editors being more demanding than others, researchers choose the quality level of their papers taking...
Persistent link: https://www.econbiz.de/10010865823
This paper applies the Mean Fi eld Game approach pioneered by Lasry and Lions (2007) to the analysis of the researchers' academic productivity. It provides a theoretical motivation for the stability of the universaly observed Lotka's law. It shows that a remuneration scheme taking into account...
Persistent link: https://www.econbiz.de/10010929096
This paper analyses the consequences of young researchers' scientifc choice on the dynamics of sciences. We develop a simple two state mean field game model to analyze the competition between two paradigms based on Kuhn's theory of scientifc revolutions. At the beginning of their career, young...
Persistent link: https://www.econbiz.de/10010930166
This paper brings experimental evidence on investors' behavior subject to an "illiquidity" constraint, where the success of a risky project depends on the participation of a minimum number of investors. The experiment is set up as a frameless coordination game that replicates the investment...
Persistent link: https://www.econbiz.de/10010930171
This paper provides a dynamic analysis of the market for academic publications. Given imperfect information about journals' editorial line, authors can sometimes target a wrong journal; in turn, the editor will desk-reject their paper. An equilibrium is de…ned as a situation where both editors...
Persistent link: https://www.econbiz.de/10010930229
Humans often lie strategically. We study this problem in an ultimatum game involving informed proposers and uninformed responders, where the former can send an unverifiable statement about their endowment. If there are some intrinsically honest proposers, a simple message game shows that the...
Persistent link: https://www.econbiz.de/10010547613
This paper argues that in Euro-area economies, where the ECB cannot bail-out …nancially distressed governments, the …scal multiplier is adversely affected by the amount of public debt. A regression model on a panel of 26 EU countries over the period 1996-2011 shows that a 10 percentage point...
Persistent link: https://www.econbiz.de/10010820465
Cet article présente une formalisation élémentaire du "marché" des publications académiques dans uncontexte dinformation incomplète sur la qualité des contributions de chaque auteur. Lo¤re darticlesest présentée comme le résultat dun jeu entre le responsable dun centre de recherche et...
Persistent link: https://www.econbiz.de/10008793831
In the model, a group of investors are invited to participate to a high-yield collective project. The project succeeds only if a minimum participation rate is reached. Before taking their decision, investors receive a vague statement about the outcome of a past investment decision. If investors...
Persistent link: https://www.econbiz.de/10010898452
Humans can lie strategically in order to leverage on their negotiation power. For instance, governments can claim that a "scapegoat" third party is responsible for reforms that impose higher costs on citizens, in order to make the pill sweeter. This paper analyzes such communication strategy...
Persistent link: https://www.econbiz.de/10010899150