Showing 1 - 10 of 655
This paper considers the eff ects of a two-period interaction on the decision of a principal to delegate authority to a potentially biased but better informed agent. Compared to the (repeated) one-period case, the agent's first period actions may also signal his type which in turn impacts wages...
Persistent link: https://www.econbiz.de/10014041476
This paper considers the effects of a two-period interaction on the decision of a principal to delegate authority to a potentially biased but better informed agent. Compared to the (repeated) one-period case, the agent's first period actions may also signal his type which in turn impacts wages...
Persistent link: https://www.econbiz.de/10014165946
This paper considers the e effcts of a two-period interaction on the decision of a principal to delegate authority to a potentially biased but better informed agent. Compared to the (repeated) one-period case, the agent's first period actions may also signal his type which in turn impacts wages...
Persistent link: https://www.econbiz.de/10009615156
We experimentally explore the role of collective incentives in sustaining cooperation in finitely repeated public goods … in case total output falls short of a target. We fi nd that cooperation is higher in the case of collective punishment … the positive effect of collective incentives on cooperation …
Persistent link: https://www.econbiz.de/10013234429
correlate with expectations about cooperation by others among students and other demographic subgroups. However, we lack … knowledge about whether the effect of expected cooperation is causal and a general feature of populations. We fielded … a novel between-subjects experiment. The experiment varied expectations about cooperation by others. We find that higher …
Persistent link: https://www.econbiz.de/10014146934
This work analyzes the saving and consumption behavior of agents faced with the possibility of unemployment in a dynamic and stochastic life cycle model. The intertemporal optimization is based on Dynamic Programming with a backward recursion algorithm.The implemented uncertainty is not based on...
Persistent link: https://www.econbiz.de/10009449071
In this paper, the relation between income inequality and population growth is analized from a Darwinian perspective. A Markov chain population growth model is presented and estimated using data from the German Socio-Economic Panel (SOEP). We estimate both population growth rates and...
Persistent link: https://www.econbiz.de/10009412039
Nonresponse in surveys may result in a distortion of the distribution of interest. In a panel survey the participation behavior in later waves is different from the participation behavior at the start. With register data that cover also the information for non-respondents one can observe a fade...
Persistent link: https://www.econbiz.de/10011312698
We propose a new view of initial nonresponse bias in longitudinal surveys. Under certain conditions, an initial bias may "fade-away" over consecutive waves. This effect is discussed in a Markovian framework. A general contraction theorem for time inhomogeneous Markov chains is presented. The...
Persistent link: https://www.econbiz.de/10011714202
the scope of cooperation between individuals. A central question, then, is how to overcome such obstacles to cooperation … the increase in out-group cooperation among immigrant boys is an outcome of more trust rather than a reflection of …
Persistent link: https://www.econbiz.de/10012518230