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Entscheidungsfreiheit als Grundlage wirtschaftswissenschaftlicher Forschung
Küpper, Hans-Ulrich - Volkswirtschaftliche Fakultät, … - 2006
This paper analyses whether freedom of decision as a crucial precondition of normative deci-sion theory is questioned … plain determination on the one extreme and complete autonomy on the other. It supports the proposition in decision theory … Entscheidungstheorie durch Ethik und Neurobiologie in Frage gestellt wird. Nach dem in ihm entwickelten Verständnis von Unternehmensethik …
Persistent link: https://www.econbiz.de/10005649761
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Investing in public investment: an index of public investment efficiency
Dabla-Norris, Era; Brumby, Jim; Kyobe, Annette; Mills, Zac - In: Journal of Economic Growth 17 (2012) 3, pp. 235-266
appraisal, selection, implementation, and evaluation. Covering 71 countries, including 40 low-income countries, the index allows …
Persistent link: https://www.econbiz.de/10010987832
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Implementing equal division with an ultimatum threat
Cetemen, Esat; Karagözoğlu, Emin - In: Theory and Decision 77 (2014) 2, pp. 223-236
We modify the payment rule of the standard divide the dollar (DD) game by introducing a second stage and thereby resolve the multiplicity problem and implement equal division of the dollar in equilibrium. In the standard DD game, if the sum of players’ demands is less than or equal to a...
Persistent link: https://www.econbiz.de/10010988781
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Implementability of correlated and communication equilibrium outcomes in incomplete information games
Milchtaich, Igal - In: International Journal of Game Theory 43 (2014) 2, pp. 283-350
In a correlated equilibrium, the players’ choice of actions is directed by correlated random messages received from an outside source, or mechanism. These messages allow for more equilibrium outcomes than without any messages (pure-strategy equilibrium) or with statistically independent ones...
Persistent link: https://www.econbiz.de/10010993372
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Equal opportunity equivalence in land division
Nicolò, Antonio; Monsuwe, Andrés Perea y; Roberti, Paolo - In: SERIEs 3 (2012) 1, pp. 133-142
Persistent link: https://www.econbiz.de/10010994585
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The collective value: a new solution for games with coalition structures
Kamijo, Yoshio - In: TOP: An Official Journal of the Spanish Society of … 21 (2013) 3, pp. 572-589
In this study, we provide a new solution for cooperative games with coalition structures. The collective value of a player is defined as the sum of the equal division of the pure surplus obtained by his coalition from the coalitional bargaining and of his Shapley value for the internal...
Persistent link: https://www.econbiz.de/10010995349
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Symmetric Auctions
Deb, Rahul; Pai, Mallesh - University of Toronto, Department of Economics - 2013
Practical or legal constraints often restrict auctions to being symmetric (anonymous and nondiscriminatory). We examine when this restriction prevents a seller from achieving his objectives. In an independent private value setting with heterogenous buyers, we characterize the set of incentive...
Persistent link: https://www.econbiz.de/10010850111
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Efficient Bidding with Externalitites
Macho, Inés; Pérez-Castrillo, David; Wettstein, David - Barcelona Graduate School of Economics (Barcelona GSE) - 2005
We implement a family of efficient proposals to share benefits generated in environments with externalities. These proposals extend the Shapley value to games with externalities and are parametrized through the method by which the externalities are averaged. We construct two slightly different...
Persistent link: https://www.econbiz.de/10010851327
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It.s All About MeE: Using Structured Experiential Learning (.e.) to Crawl the Design Space
Pritchett, Lant; Samji, Salimah; Hammer, Jeffrey - World Institute for Development Economic Research … - 2012
There is an inherent tension between implementing organizations.which have specific objectives and narrow missions and mandates.and executive organizations.which provide resources to multiple implementing organizations. Ministries of finance/planning/budg
Persistent link: https://www.econbiz.de/10010854529
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Networks as Public Infrastructure: Externalities, Efficiency, and Implementation
Haller, Hans - Department of Economics, Virginia Polytechnic Institute … - 2013
First a non-cooperative model of network formation is investigated where link formation is one-sided and information flow is two-way. For that model, the relationship between different notions of efficient networks is studied: Pareto optimal networks on the one hand and welfare maximizing...
Persistent link: https://www.econbiz.de/10010857295