Showing 1 - 10 of 5,558
Consider an extensive-form mechanism, run by an auctioneer who communicates sequentially and privately with agents. Suppose the auctioneer can deviate from the rules provided that no single agent detects the deviation. A mechanism is credible if it is incentive-compatible for the auctioneer to...
Persistent link: https://www.econbiz.de/10012901115
A common assumption in product value literature is that authenticity is what contemporary consumers value the most. However, as this paper illustrates, the meaning of authenticity is unclear, and the term appears foreign to product development practitioners. The purpose of this paper is to...
Persistent link: https://www.econbiz.de/10012119682
In bargaining models of internal ethno-territorial conflicts, variation in leadership preferences has a significant impact on expected conflict outcomes. Relative power has an impact conditional on leadership preferences. Conflict among cost-conscious narrow nationalists is expected to be...
Persistent link: https://www.econbiz.de/10013140844
framework with which to evaluate monetary policy outcomes. A successful Central Bank then builds up credibility and a credible …
Persistent link: https://www.econbiz.de/10005030207
Persistent link: https://www.econbiz.de/10003724340
Persistent link: https://www.econbiz.de/10015045757
Persistent link: https://www.econbiz.de/10000943349
Persistent link: https://www.econbiz.de/10000983657
Persistent link: https://www.econbiz.de/10001364790
makers, both within and across countries. in particular we look at the role of cross-country externalities and lack of … commitment. When labor taxation is excessive, due to terms of trade externalities, the ECB may be tempted to raise inflation …
Persistent link: https://www.econbiz.de/10014058274