Showing 1 - 10 of 24
We study how participation in decision processes shapes people's behavior towards impartial authorities. In an incentivized laboratory experiment, an impartial decision maker at first decides about the allocation of money between two subordinates. Treatments differ in the opportunity for one...
Persistent link: https://www.econbiz.de/10010334528
In this paper we axiomatically characterize two recursive procedures for defining a social group. The first procedure … of the second procedure is the set of all individuals who define themselves as members of the social group. Both …
Persistent link: https://www.econbiz.de/10010272613
In economic theory, an agent chooses from available alternatives-modeled as a set. In decisions in the field or in the lab, however, agents do not have access to the set of alternatives at once. Instead, alternatives are represented by the outside world in a structured way. Online search results...
Persistent link: https://www.econbiz.de/10013200148
The article analyses the significance of the ECJ preliminary ruling on competition law. Starting with the general characteristic of the preliminary ruling of the Court of Justice, its legal regulation in TFEU and its effects, it focuses on the concrete judgement of the Court (Tenth Chamber) of 7...
Persistent link: https://www.econbiz.de/10012622634
evidence. The parties may misrepresent evidence in their favor at a cost. At equilibrium the two parties never testify together …. When the evidence is much in favor of one party, this party testifies. When the evidence is close to the prior mean, no … party testifies. We compare this outcome under a purely adversarial procedure with the outcome under a purely inquisitorial …
Persistent link: https://www.econbiz.de/10010316067
Persistent link: https://www.econbiz.de/10011335455
, our firms have imperfect cumulative evidence of the collusion. That is, cartel conviction is not automatic if one firm … reports: reporting makes conviction only more likely, the more so, the more firms report. Furthermore, the evidence is … distributed asymmetrically among firms. Asymmetry of the evidence can increase the cost of deterrence if the high-evidence firm …
Persistent link: https://www.econbiz.de/10011420625
In this paper, I discuss the difference between accommodated evidence (i.e. when evidence is known first and a … hypothesis is the proposed to explain and fit the observations) and predicted evidence (i.e., when evidence verifies the … prediction of a hypothesis formulated before observing the evidence) from a behavioral as well as a statistical perspective …
Persistent link: https://www.econbiz.de/10010323895
A speaker attempts to persuade a listener to accept a request by presenting evidence. A persuasion rule specifies what … evidence is persuasive. This paper compares static and dynamic rules. We present a single linear program (i) whose solution …
Persistent link: https://www.econbiz.de/10011599506
We study a seller's optimal mechanism for maximizing revenue when a buyer may present evidence relevant to her value … mechanism to be deterministic--hence akin to classic third degree price discrimination--independently of non-evidence … characteristics. We also find another sufficient condition depending on both evidence and valuations, whose content is that evidence …
Persistent link: https://www.econbiz.de/10011599549