Showing 1 - 10 of 6,552
experiment, while coordination failures emerge in the following periods sweeping away the beneficial effect of communication at …
Persistent link: https://www.econbiz.de/10013375345
Courts are rarely asked to judge beauty. Such a subjective practice would normally be anathema to the ideal of … objective legal standards. However, one area of federal law has a long tradition of explicitly requiring courts to make … uses empirical and experimental approaches to test the hypothesis that courts tend to favor more attractive patented …
Persistent link: https://www.econbiz.de/10014165060
We examine experimentally the bargaining process and the final allocation of payoffs in games that differ in terms of whether or not the core exists and in the initial allocation of property rights among the players. The paper highlights the interaction between property rights, transaction costs...
Persistent link: https://www.econbiz.de/10014214347
minimizing informational spillovers. To address this failure, we introduce a dynamic form of federalism in which the central …
Persistent link: https://www.econbiz.de/10011862030
Group tasks are often organized by a list: group members state their willingness to contribute by entering their names on a publicly visible, empty list. Alternatively, one could organize the group task by starting with a full list: every group member is already entered on the list and...
Persistent link: https://www.econbiz.de/10011789575
The need for efficient coordination is ubiquitous in organizations and industries. The literature on the determinants … of efficient coordination has focused on individual decision-making so far. In reality, however, teams often have to … coordinate with other teams. We present an experiment with 825 participants, using six different coordination games, where either …
Persistent link: https://www.econbiz.de/10009733222
In the two-person sequential best shot game, first player 1 contributes to a public good and then player 2 is informed about this choice before contributing. The payoff from the public good is the same for both players and depends only on the maximal contribution. Efficient voluntary cooperation...
Persistent link: https://www.econbiz.de/10010252393
Group tasks are often organized by a list: group members state their willingness to contribute by entering their names on a publicly visible, empty list. Alternatively, one could organize the group task by starting with a full list: every group member is already entered on the list and...
Persistent link: https://www.econbiz.de/10011779277
Voters dealing with jurisdictional merger decisions face a trade-off between economies of scale and preference costs. Larger jurisdictions may offer cost advantages, yet the downside is that policies in larger units may be less aligned to voter preferences. Our study is the first to provide...
Persistent link: https://www.econbiz.de/10012129397
Federalism is ostensibly misplaced to mitigate climate change as a global public concern as it is prone to import the … and procedures of Swiss federalism, this article attempts to provide a more nuanced assessment of the relationship between … laws designed to mitigate climate change and federalism. It seeks to demonstrate that federalism may support effective …
Persistent link: https://www.econbiz.de/10013226851