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sequentially. We nd thatpure indirect reciprocity enables mutual cooperation although strategicconsiderations and group size are …A cyclical network of indirect reciprocity is derived organizing 3- or6-person groups into rings of social interaction … first. Mutual cooperation is triggered by assuming thatwhat one passes on to the next is multiplied by a factor of 3 …
Persistent link: https://www.econbiz.de/10005866914
A key issue in the debate over gun control is how it will affectthe relative incentives of criminals and law-abiding citizens to acquireguns. We propose a simple model of interaction of criminals and law-abiding citizens as a contest where the parties arm themselves in orderto improve their...
Persistent link: https://www.econbiz.de/10008860719
We present a simple theory of the quality (competence and honesty) of elected officials. Our theoryoffers three main insights. Low-quality citizens have a ‘comparative advantage’ in pursuing electiveoffice, because their market wages are lower than those of high-quality citizens...
Persistent link: https://www.econbiz.de/10009305081
A crucial aspect of constitutional design is the provision of rules onhow a constitution is to be amended. If procedures for constitutional amendmentare very restrictive, changes will take place outside the constitution. Thesechanges are likely to be against the citizens’ interests and their...
Persistent link: https://www.econbiz.de/10005868511
and the asymmetry of information. Wedetermine the conditions which allow that mutual cooperation constitutesthe … equilibrium. we particularly focus on the reciprocity in case of completeand incomplete information about the payoff distortion.[...] …
Persistent link: https://www.econbiz.de/10009022176
Kooperationen als übergreifende Zusammenarbeit rechtlich eigenständiger Unternehmen bietet eine Vielzahl von Vorteilen, insbesondere für Handwerksunternehmen. So könnenetwa Marktchancen verbessert werden, da Kunden eine Lösung aus einer Hand angeboten wird.(...)
Persistent link: https://www.econbiz.de/10005844533
In this paper the authors focus on aspects neglected in organizational economics. They seek to complement it by an approach, which makes motivation an endogenous variable to management. They introduce a dynamic relationship between extrinsic and intrinsic motivation into the theory of the firm.<
Persistent link: https://www.econbiz.de/10005844472
Das vorliegende Artikel beschäftigt sich mit der Identifikation und Entwicklung von Kernkompetenzen im Unternehmen …
Persistent link: https://www.econbiz.de/10005847589
In ESTAR models it is usually dfficult to determine parameter estimates, as it can be observedin the literature. We show that the phenomena of getting strongly biased estimators is aconsequence of the so-called identication problem, the problem of properly distinguishing thetransition function...
Persistent link: https://www.econbiz.de/10005870744
We study identification in a class of linear rational expectations models. For any givenexactly identified model, we …
Persistent link: https://www.econbiz.de/10009138465