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The logical consistency of time inconsistency : a theory of forward-looking behavior
Galperti, Simone; Strulovici, Bruno - 2013
This paper argues that, to be forward-looking in a logically consistent sense, a decision maker must take account of his overall well-being, not just his instantaneous utility, in all future periods. However, such a decision-maker is necessarily time inconsistent. The paper explores the...
Persistent link: https://www.econbiz.de/10010197485
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Learning from arbitrage
Boisdeffre, Lionel de - In: Economic theory bulletin 4 (2016) 1, pp. 111-119
Persistent link: https://www.econbiz.de/10011582552
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Lobbying of Firms by Voters
Dahm, Matthias; Dur, Robert; Glazer, Amihai - 2009
information about the district, the firm's implicit promise or threat can be credible. …
Persistent link: https://www.econbiz.de/10010325896
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Measuring Power And Satisfaction in Societies with Opinion Leaders: Dictator and Opinion Leader Properties
van den Brink, René; Rusinowska, Agnieszka; Steffen, Frank - 2009
A well known and established model in communication policy in sociology and marketing is that of opinion leadership. Opinion leaders are actors in a society who are able to affect the behavior of other members called followers. Hence, opinion leaders might have a considerable impact on the...
Persistent link: https://www.econbiz.de/10010325902
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Measuring Power and Satisfaction in Societies with Opinion Leaders: An Axiomatization
van den Brink, Rene; Rusinowska, Agnieszka; Steffen, Frank - 2011
A well-known model in sociology and marketing is that of opinion leadership. Opinion leaders are actors who are able to affect the behavior of their followers. Hence, opinion leaders have some power over their followers, and they can exercise this power by influencing their followers choice of...
Persistent link: https://www.econbiz.de/10010325928
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Side-Effects of campaign finance reform
Dahm, Matthias; Porteiro, Nicolás - 2005
relevant information, we also assume that lobbies engage in non-negligible informational lobbying. We focus on a single … lobbying so that less policy relevant information is available and as a result political decisions become less efficient. …
Persistent link: https://www.econbiz.de/10010266255
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Informational lobbying under the shadow of political pressure
Dahm, Matthias; Porteiro, Nicolás - 2005
We examine the incentives of an interest group to provide verifiable policy-relevant information to a political … information provision is a risky attempt to affect the politician's beliefs about the desirability of the lobby's objective. The … approach gives a novel explanation for the fact that interest groups often try to provide information credibly. We identify …
Persistent link: https://www.econbiz.de/10010266260
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On the determinants and effects of political influence
Chong, Alberto; Gradstein, Mark - 2007
This paper uses a large cross-country survey of business firms to assess their influence on government policies. It is found that influence is associated with larger, government-owned firms that have a high degree of ownership concentration. In contrast, foreign ownership matters little. It is...
Persistent link: https://www.econbiz.de/10010278305
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On the Number of alpha-Pivotal Players
Becker, Johannes Gerd - 2011
We show that bounds like those of Al-Najjar and Smorodinsky (J. Econ. Theory, 2000) as well as of Gradwohl et al. (Math. Oper. Res., 2009) on the number of alpha-pivotal agents can be obtained by decomposition of variance. All these bounds have a similar asymptotic behaviour, up to constant...
Persistent link: https://www.econbiz.de/10011753206
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Stakeholder cross-impact analysis : a segmentation method
Mariconda, Simone; Lurati, Francesco - In: Corporate communications : an international journal 20 (2015) 3, pp. 276-290
Persistent link: https://www.econbiz.de/10011401364