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Persistent link: https://www.econbiz.de/10005710974
allowing subjects to delay their decision-making in order to benefit from observing others' actions as in more recent herding … models such as Chamley and Gale (1994). The results in this paper suggest that subjects will indeed delay when their private …
Persistent link: https://www.econbiz.de/10005711660
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duration of a delay (delay duration information) and information about the reason for a delay (delay reason information …)—on people’s reactions to delays. In this paper, we argue and demonstrate that the two types of delay information interact to … affect attribution for the delay and perceived delay duration. The results obtained from an experimental study indicated that …
Persistent link: https://www.econbiz.de/10005716571
incentives to delay agreement as well as government durations. …
Persistent link: https://www.econbiz.de/10005805818
Economists model time as continuous or discrete. The recent literature on continuous time models with delays should help to bridge the gap between these two families of models. In this note, we propose a simple time–to–build model in continuous time, and show that a discrete time version is...
Persistent link: https://www.econbiz.de/10005816382
each period is stochastically determined at the beginning of the period, and (ii) the proposing player can delay in making …
Persistent link: https://www.econbiz.de/10005752729
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model with two-sided uncertainty. Trade between players occurs whenever there is surplus to be shared and delay is used to …
Persistent link: https://www.econbiz.de/10005755706
Strategic delay and restricted offers are two modes of signaling bargaining power in alternating offers bargaining … player consists of a pure strategic delay followed by an offer on the whole pie. There is no signaling motivation for issue …
Persistent link: https://www.econbiz.de/10005755765