Showing 1 - 10 of 272
contribution to improvements in implementation issues and a stronger focus on public goods like protection of natural resources and …
Persistent link: https://www.econbiz.de/10011926398
We study a mechanism design problem under the assumption that renegotiation cannot be prevented. We investigate what kind of equilibria of which mechanisms are renegotiation-proof under a variety of renegotiation procedures, and which social choice functions can be implemented in a way that is...
Persistent link: https://www.econbiz.de/10010291988
We show that a rational expectations equilibrium need not be incentive compatible, need not be implementable as a perfect Bayesian equilibrium and may not be fully Pareto optimal, unless the utility functions are state independent. A comparison of rational expectations equilibria with core...
Persistent link: https://www.econbiz.de/10010293711
We experimentally study behavior in a simple voting game where players have private information about their preferences. With random matching, subjects overwhelmingly follow the dominant strategy to exaggerate their preferences, which leads to inefficiency. We analyze an exogenous linking...
Persistent link: https://www.econbiz.de/10010299751
This collection of papers is based on an international workshop held in the summer of 2009 at the University of Duisburg-Essen. It brings together different perceptions regarding China, India and Bangladesh as they face the risks and crises of climate change and economic shocks like the recent...
Persistent link: https://www.econbiz.de/10010304476
Persistent link: https://www.econbiz.de/10011292056
The paper deals with theoretical and application problems of city marketing. It is based on a series of researches which have been worked mainly in the Czech Republic, Slovak Republic, Austria, Germany and in the Netherlands. At the same time it points out the specific conditions and sometimes...
Persistent link: https://www.econbiz.de/10011332682
Persistent link: https://www.econbiz.de/10011385041
Persistent link: https://www.econbiz.de/10011385477
initiation and implementation. If these have social preferences, they might thus sabotage both project choices and implementation … to express their discontent with the allocation of decision rights. How decisions come about also affects implementation … implementation leads to more delegation, but only if workers have high costs of obstructing informed decisions. We further find that …
Persistent link: https://www.econbiz.de/10011388180