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Strategic complementarities in a model of commercial media bias
Kerkhof, Anna; Münster, Johannes - 2023
Media content is an important privately supplied public good. While it has been shown that contributions to a public good crowd out other contributions in many cases, the issue has not been thoroughly studied for media markets yet. We show that in a standard model of commercial media bias,...
Persistent link: https://www.econbiz.de/10014422558
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Strategic complementarities in a model of commercial media bias
Kerkhof, Anna; Münster, Johannes - 2023
Media content is an important privately supplied public good. While it has been shown that contributions to a public good crowd out other contributions in many cases, the issue has not been thoroughly studied for media markets yet. We show that in a standard model of commercial media bias,...
Persistent link: https://www.econbiz.de/10014416218
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The benefit of anonymity in public goods games
Hugh-Jones, David; Reinstein, David - 2010
Previous work has found that in social dilemmas, the selfish always free-ride, while others will cooperate if they expect their peers to do so as well. Outcomes may thus depend on conditional cooperators’ beliefs about the number of selfish types. An early round of the game may be played...
Persistent link: https://www.econbiz.de/10003955221
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Bayesian repeated games and reputations
Forges, Françoise; Salomon, Antoine - 2014
Under appropriate assumptions (private values and uniform punishments), the Nash equilibria of a Bayesian repeated game without discounting are payoff-equivalent to tractable, completely revealing, equilibria and can be achieved as interim cooperative solutions of the initial Bayesian game. This...
Persistent link: https://www.econbiz.de/10010256693
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A full characterization of all deterministic dominant strategy incentive compatible, ex-post individually rational, and ex-post budget balanced direct mechanisms in the public good...
Kuzmics, Christoph - 2014
In this note I give a full characterization of all deterministic direct mechanisms in the public good provision problem with independent private values that are dominant strategy incentive compatible, ex-post individually rational, and ex-post budget balanced.
Persistent link: https://www.econbiz.de/10010337703
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On public good provision mechanisms with dominant strategies and balanced budget
Kuzmics, Christoph; Steg, Jan-Henrik - 2016
Consider a mechanism for the binary public good provision problem that is dominant strategy incentive compatible (DSIC …), ex-post individually rational (EPIR), and ex-post budget balanced (EPBB). Suppose this mechanism has the additional … property that the utility from participating in the mechanism to the lowest types is zero for all agents. Such a mechanism must …
Persistent link: https://www.econbiz.de/10011435962
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It's Your Turn : Experiments with Three-Player Public Good Games
Riyanto, Yohanes E. - 2017
We report results from experiments designed to investigate the prevalence of turn-taking in three-person finitely repeated threshold public good games without communication. Individuals can each make a discrete contribution. If the number of contributors is at least equal to the threshold, a...
Persistent link: https://www.econbiz.de/10012963870
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Optimal Provision of a Discrete Public Good : Linear Equilibria in the Private-Information Subscription Game
Barbieri, Stefano - 2008
that the mechanism in which players' contributions are not refunded is generically suboptimal …
Persistent link: https://www.econbiz.de/10012726475
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Absolute versus Relative : Asymmetric Framing and Feedback in a Heterogeneous-Endowment Public Goods Game
Wang, Xianghong; Zheng, Jie; Zhou, Lan - 2021
Individual contributions to public goods can be framed in absolute or relative metrics. We examine the effects of asymmetric framing and informational feedback on contributions when group members are heterogeneously endowed. We develop a reference-dependent theory in which the absolute or...
Persistent link: https://www.econbiz.de/10013215506
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On Public Good Provision Mechanisms with Dominant Strategies and Balanced Budget
Kuzmics, Christoph - 2016
Consider a mechanism for the binary public good provision problem that is dominant strategy incentive compatible (DSIC … agents then any such mechanism must have a threshold (or fixed cost-sharing) form, in which there is a fixed threshold for …
Persistent link: https://www.econbiz.de/10012997757