Showing 1 - 10 of 167
Consider a committee that in the past has made a promise not to confiscate the profits from a foreign investor. After the investment has taken place, there is a material benefit if the committee decides to default on the earlier promise. But there are also some small moral costs for those who...
Persistent link: https://www.econbiz.de/10010306978
Consider a committee that in the past has made a promise not to confiscate the profits from a foreign investor. After the investment has taken place, there is a material benefit if the committee decides to default on the earlier promise. But there are also some small moral costs for those who...
Persistent link: https://www.econbiz.de/10009367935
, economists address issues of inequality and growth, going beyond narrowly defined "economic" factors to consider the effect on …Recent decades have seen almost unprecedented economic growth in income per capita around the world. Yet this … extraordinary overall performance masks a wide variation in growth rates across different countries, with persistent …
Persistent link: https://www.econbiz.de/10005034467
Die Corona-Krise betrifft die Bevölkerung vor allem auf der wirtschaftlichen Ebene. Aber auch die psychosozialen und gesellschaftlichen Kosten sind beträchtlich. Der Umfang der Verluste an Lebenszufriedenheit wird auf Basis einer repräsentativen Studie aus dem April 2020 untersucht. Diese...
Persistent link: https://www.econbiz.de/10012306486
Die Corona-Krise betrifft die Bevölkerung vor allem auf der wirtschaftlichen Ebene. Aber auch die psychosozialen und gesellschaftlichen Kosten sind beträchtlich. Der Umfang der Verluste an Lebenszufriedenheit wird auf Basis einer repräsentativen Studie aus dem April 2020 untersucht. Diese...
Persistent link: https://www.econbiz.de/10012285124
Victorious alliances often fight about the spoils of war. We consider experimentally when members of victorious alliances accept a peaceful division of the spoils, and when they fight against each other, and how the inability to commit to a peaceful division affects their effort contributions in...
Persistent link: https://www.econbiz.de/10010309020
The generic alliance game considers players in an alliance who fight against an external enemy. After victory, the alliance may break up, and its members fight against each other about the spoils of the victory. Our experimental analysis of this game shows: In-group solidarity vanishes after the...
Persistent link: https://www.econbiz.de/10010310104
This paper considers evolutionarily stable decisions about whether to initiate violent conflict rather than accepting a peaceful sharing outcome. Focusing on small sets of players such as countries in a geographically confined area, we use Schaffer's (1988) concept of evolutionary stability. We...
Persistent link: https://www.econbiz.de/10010312827
We study endogenous group formation in tournaments employing experimental threeplayer contests. We find that players in endogenously formed alliances cope better with the moral hazard problem in groups than players who are forced into an alliance. Also, players who are committed to expending...
Persistent link: https://www.econbiz.de/10010312828
Leaders compensate supporters not just for performing their duties but also in order to preempt an overthrow by the same supporters. We show how succession rules affect the power of leaders relative to supporters as well as the resources expended on possible succession struggles. We compare two...
Persistent link: https://www.econbiz.de/10010261326