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This study aims to present a model for economic evaluation of the expansion of the broadband network for the Brazilian municipalities. This is done taking into account not only the economic return, but also the cost of expanding the network. Return is calculated from three criteria of...
Persistent link: https://www.econbiz.de/10011818923
Complexity in financial markets is slowly overwhelming canonical statistical modelling. With global crises which stemming from contagion effects becoming more frequent, new tools for financial distress transmission c apture are needed. Graph theory , with its branch on minimum spanning trees can...
Persistent link: https://www.econbiz.de/10012484781
The ability to accurately estimate the extent to which the failure of a bank disrupts the financial system is very valuable for regulators of the financial system. One important part of the financial system is the interbank payment system. This paper develops a robust measure, SinkRank, that...
Persistent link: https://www.econbiz.de/10010317198
This paper proposes a new measure for a group's ability to lead society to adopt their standard of behavior, which in particular takes account of the time the group takes to convince the whole society to adopt their position. This notion of a group's power to initiate action is computed as the...
Persistent link: https://www.econbiz.de/10010326525
In an experiment, we study risk-taking of cohabitating student couples, finding that couples' decisions are closer to risk-neutrality than single partners' decisions. This finding is similar to earlier experiments with randomly assigned groups, corroborating external validity of earlier results.
Persistent link: https://www.econbiz.de/10010294834
Our objective in this paper is to assess the acceptability of the ambient tax. Concretely, we ask subjects to choose between (A) an ambient tax and (B) an individual tax system. In case (A), they actually participate in a game in which their payo depends on all participants' decisions and on...
Persistent link: https://www.econbiz.de/10010265675
also on the decisions of others. In the present article, we review the literature on decision making made by groups of the …
Persistent link: https://www.econbiz.de/10010280824
We study the effect of team decision-making on bubbles and crashes in experimental asset markets of the kind introduced … volume and price volatility. We also find an unexpected gender effect in team composition, manifesting itself in more extreme … participants generally, we conjecture that they may be due to factors specific to the psychology of decision-making in male …
Persistent link: https://www.econbiz.de/10010269599
decision to take this responsibility in a group is endogenous in many contexts. In this paper, we experimentally study: (1) the … lower fraction of women being willing to make the group decision than men. The amount of risk taken for the group is … like to make the group decision and the women that do not are no different in terms of how much risk they take for …
Persistent link: https://www.econbiz.de/10010274088
genders might interpret the social norms in group decision-making differently. …
Persistent link: https://www.econbiz.de/10010500224