Showing 1 - 9 of 9
This note reconsiders communication between an informed expert and an uninformed decision maker with a strategic mediator in a dis- crete Crawford and Sobel (1982) setting. We show that a strategic mediator may improve communication even when he is biased into the same direction as the expert....
Persistent link: https://www.econbiz.de/10008853980
We conducted a multi-wave field experiment to study the interaction of peer effects and selfcontrol among undergraduate students. We use a behavioral measure of self-control based on whether students achieve study related goals they have set for themselves. We find that both self-control and the...
Persistent link: https://www.econbiz.de/10011277267
With the help of a simple model, we show that the hindsight bias can lead to ineffcient delegation decisions. This prediction is tested experimentally. In an online experiment that was conducted during the FIFA World Cup 2010 participants were asked to predict a number of outcomes of the ongoing...
Persistent link: https://www.econbiz.de/10011277303
We develop a model to analyze the determinants and effects of an endogenous imperfect transferability of human capital on natives and immigrants. The model reveals that high migration flows and high skill-transferability are mutually interdependent. Moreover, we show that high mobility within a...
Persistent link: https://www.econbiz.de/10008477172
We develop a dynamic model of political competition. Each party has a policymotivated ideological wing and an office-motivated opportunistic wing. A blockade arises if inner-party conflict stops policy implementation. We use this model to study whether early elections should be used to overcome...
Persistent link: https://www.econbiz.de/10005678007
We analyze the two goals behind the European Bologna Process of increasing student mobility: enabling graduates to develop multi cultural skills and increasing the quality of universities. We isolate three effects: 1) a competition effect that raises quality; 2) a free rider effect that lowers...
Persistent link: https://www.econbiz.de/10005678025
Generally, Democrats do not increase military spending, and Republicans do not raise welfare payments. Mostly, ruling politicians stick to the manifesto of their party. The current paper provides a theoretical explanation for this phenomenon that does not assume politicians or voters to be...
Persistent link: https://www.econbiz.de/10005677886
In this paper, I o¤er a theoretical explanation of the robust gender differences in educational achievement distributions of school children. I consider a one shot cheap talk game with two different types of senders (biased teachers and fair teachers), two types of receivers ("normal" and...
Persistent link: https://www.econbiz.de/10005677896
We perform an experiment where subjects pay for the right to participate in a shareholder vote. We find that experimental subjects are willing to pay a significant premium for the voting right even though there should be no such premium in our setup under full rationality. Private benefits from...
Persistent link: https://www.econbiz.de/10005677946