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Group selection : the quest for social preferences
Salomonsson, Marcus - 2009
formation, and reproductive externalities. -- Altruism ; spite ; externalities ; conformity ; fixation ; signalling …
Persistent link: https://www.econbiz.de/10003811816
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Local communities in front of big external investors : an opportunity or a risk?
Antoci, Angelo; Russu, Paolo; Ticci, Elisa - 2010
exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide … the two typologies of actors. -- Foreign Direct Investments ; Environmental Negative Externalities ; Structural Changes …
Persistent link: https://www.econbiz.de/10008746858
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The role and evolution of central authorities
Frijters, Paul; Tieman, Alexander F. - 1999
In this paper we argue that authorities aid cooperation by means ofdirect coordination or the enforcement of re-commitment devices suchas contract laws.Credible threats of violence allow this role. In alocal interaction model, an authority forms if mutually connected individuals with sufficient...
Persistent link: https://www.econbiz.de/10011302150
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Externalities and subsidization of higher education : conference paper
Winter, Stefan; Pfitztner, Alexander - 2013
positive externalities. Without subsidization, so the story reads, there would be an underinvestment in higher education. This … paper shortly reviews theoretical arguments as well as empirical evidence on externalities. It is found that evidence on … positive externalities is quite limited. What is more, evidence on negative externalities of higher education has been mainly …
Persistent link: https://www.econbiz.de/10010338372
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Contracting Externalities and Mandatory Menus in the U.S. Corporate Bankruptcy Code
Bernardo, Antonio E. - 2015
distress ex-post. If fire-sale liquidation imposes negative externalities on their peers, then firms can be collectively better …
Persistent link: https://www.econbiz.de/10013034519
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Fair apportionment in the view of the Venice Commission's recommendation
Biró, Péter; Kóczy, László Á.; Sziklai, Balázs - 2013
In this paper we analyze the consequences of the fairness recommendation of the Venice Commission in allocating voting districts among larger administrative regions. This recommendation requires the size of any constituency not to differ from the average constituency size by more than a fixed...
Persistent link: https://www.econbiz.de/10010197548
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Does bargaining matter in the small firm's matching model?
L'Haridon, Olivier; Malherbet, Franck; Pérez-Duarte, … - 2011
In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm's matching model of unemployment. To the best of...
Persistent link: https://www.econbiz.de/10009238027
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The Ambivalent Role of Punishment in Post-Merger Coordination and the New Approach of the 2010 US Horizontal Merger Guidelines
Hansen, David - 2013
Threat of punishment is considered a deterrent force, which ensures the sustainability of post-merger tacit coordination. US and EU Agencies, Courts and economists, including those who extend simulation methods to quantify coordinated effects, assume that parties follow grim trigger strategies:...
Persistent link: https://www.econbiz.de/10013087712
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A shapley value approach to pricing climate risks
Cooke, Roger M. - 2011
This paper prices the risk of climate change by calculating a lower bound for the price of a virtual insurance policy against climate risks associated with the business as usual (BAU) emissions path. In analogy with ordinary insurance pricing, this price depends on the current risk to which...
Persistent link: https://www.econbiz.de/10009130663
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Dynamics, stability, and foresight in the Shapley-Scarf housing market
Kamijo, Yoshio; Kawasaki, Ryo - 2009 - This version: February 2009
While most of the literature starting with Shapley and Scarf (1974) have considered a static exchange economy with indivisibilities, this paper studies the dynamics of such an economy. We find that both the dynamics generated by competitive equilibrium and the one generated by weakly dominance...
Persistent link: https://www.econbiz.de/10008811385