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Die vorliegende Arbeit geht der Frage nach, ob sich in China eine Zivilgesellschaft in der Entstehung befindet. Die Autorinnen und Autoren widmen sich hierfür einer Reihe politischer und sozialer Entwicklungen und Phänomene, die auf ein sich änderndes Beziehungsgefüge zwischen Staat und...
Persistent link: https://www.econbiz.de/10008682577
Fixed point theorems are the standard tool used to prove the existence of equilibria in mathematical economics. This paper shows how to prove a slight generalization of Brouwer's and Kakutani's fixed point theorems using the familiar techniques of drawing and shifting curves in the plane and is,...
Persistent link: https://www.econbiz.de/10005607526
We study a bilateral multi-issue bargaining procedure with complete information and endogenous unrestricted agenda, in which offers can be made in any subset of outstanding issues. We find necessary and sufficient conditions for this procedure to have a unique subgame perfect equilibrium agreement.
Persistent link: https://www.econbiz.de/10005481460
We characterize the equilibrium of the all-pay auction with general convex cost of effort and sequential effort choices. We consider a set of n players who are arbitrarily partitioned into a group of players who choose their efforts ’early’ and a group of players who choose ’late’. Only...
Persistent link: https://www.econbiz.de/10005406138
We analyze a complete information multilateral bargaining model in which a buyer is to purchase two complementary goods from two sellers. Binding cash-offer contracts are used to govern transactions. In contrast to preexisting literature, we do not normalize the parties' reservation utilities to...
Persistent link: https://www.econbiz.de/10011263611
In a complete information setting we show that the standard lottery–in which each lottery ticket is offered for the same price–is an optimal fundraising mechanism in the presence of strong asymmetries in the way bettors value the prize and the public good provided with the lottery proceeds....
Persistent link: https://www.econbiz.de/10011189527
We consider a group of identical risk-neutral insurers selling single-period indemnity insurance policies. The insurance market consists of individuals with common state-dependent utility function who are identical except for their known accident probability q. Insurers incur production...
Persistent link: https://www.econbiz.de/10011046629
This note studies (full) implementation of social choice functions under complete information in (correlated) rationalizable strategies. The monotonicity condition shown by Maskin (1999) to be necessary for Nash implementation is also necessary under the more stringent solution concept. We show...
Persistent link: https://www.econbiz.de/10004998323
Miyagawa (Games and Economics Behavior 41(2), 292–308 [2002]) provides a simple extensive game form that implements a large class of two-agent bargaining solutions in subgame-perfect equilibrium. This class includes all of the Nash, Kalai–Smorodinsky, and relative utilitarian...
Persistent link: https://www.econbiz.de/10005678344
Persistent link: https://www.econbiz.de/10005596764