Showing 1 - 10 of 366
I study a class of agency problems that are characterized by the existence of an underlying organizational hierarchy. Specifically, I analyze a two forked, three tiered hierarchy and I show that when the private information of the players in the second and in the third tiers of the hierarchy,...
Persistent link: https://www.econbiz.de/10014195879
The following is a description of the paper, and not the actual abstract as it appeared in the journal. In this paper we analyze the problem faced by an asymmetrically informed supra-national governmental authority (SNGA) who wishes to design an International Environmental Agreement (IEA). We...
Persistent link: https://www.econbiz.de/10014066044
I analyze the problem faced by an asymmetrically informed supranational governmental authority (SNGA) with limited financial resources who wishes to design an International Environmental Agreement (IEA). The SNGA cannot contract directly with polluting firms in the various LDCs, but he must deal...
Persistent link: https://www.econbiz.de/10005426945
In this paper we focus on a married couple and analyze a game of marital infidelity. The husband can either be faithful to or cheat on his wife. The wife decides how much effort to expend monitoring her husband and she chooses monitoring effort m∈[0,1]. Our analysis of this strategic...
Persistent link: https://www.econbiz.de/10012963125
In this note we use a static game model to analyze the optimal cleanup of an apartment that is shared by two college students. Both students dislike cleaning. However, they also prefer a clean apartment to a dirty one. Student i 's utility function embodies the idea that the more time one...
Persistent link: https://www.econbiz.de/10012963573
In this paper we focus on a married couple and analyze a game of marital infidelity. The husband can either be faithful to or cheat on his wife. The wife decides how much effort to expend monitoring her husband and she chooses monitoring effort m∈[0,1]. Our analysis of this strategic...
Persistent link: https://www.econbiz.de/10012926744
In this note we analyze a game of marital infidelity. The husband can either be faithful to or cheat on his wife. The wife can either monitor or not monitor her husband. We first determine the best response correspondences of the two players. Second, we explain why there is no pure-strategy Nash...
Persistent link: https://www.econbiz.de/10012964740
In this note we use a simple game model to analyze the optimal cleanup of an apartment that is shared by n ∈ ℕ college students who are pressed for time. From an individual standpoint, these students dislike cleaning. However, they also prefer a clean apartment to a dirty one. Hence, for any...
Persistent link: https://www.econbiz.de/10012953447
In this paper we study a game model of marital cheating. The husband is the cheater and the wife is faithful. The husband's cheating is either open or surreptitious. The wife can either ignore the cheating or catch her husband in the act of cheating. We first express the game of interest in...
Persistent link: https://www.econbiz.de/10012958336
In this note we use a static game model to analyze the optimal cleanup of an apartment that is shared by two college students. Both students dislike cleaning. However, they also prefer a clean apartment to a dirty one. Student i's utility function embodies the idea that the more time one student...
Persistent link: https://www.econbiz.de/10012961918