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It is found that the “Theory of Moves” is adequate in a Cold War scenario, with functionally equal participants, such …
Persistent link: https://www.econbiz.de/10010965563
This note considers a bargaining environment with two-sided asymmetric information and quasilinear preferences in which parties select bargaining mechanism after learning their valuations. I demonstrate that sometimes the buyer achieves a higher ex-ante payoff if the bargaining mechanism is...
Persistent link: https://www.econbiz.de/10010373494
We perform a (psychological) game-theoretic analysis of cheating in the setting proposed by Fischbacher & Föllmi-Heusi (2013). The key assumption, which we refer to as perceived cheating aversion, is that the decision maker derives disutility in proportion to the amount in which he is perceived...
Persistent link: https://www.econbiz.de/10011566513
The aim of this study is to find out why people are telling the truth: is it a desire to respect trust, to avoid losses for others, or a mere distaste for lying per se? To answer this question we study a sender-receiver game where it is possible to delegate the act of lying and where it is...
Persistent link: https://www.econbiz.de/10011580783
Politicians may strategically time unpopular measures to coincide with newsworthy events that distract the media and the public. We test this hypothesis in the context of the Israeli-Palestinian conflict. We find that Israeli attacks are more likely to occur when U.S. news on the following day...
Persistent link: https://www.econbiz.de/10014137923
’s ability to provide such protection ultimately rests on its power to wage war. Governments therefore have tended to devote more … resources to war than to anything else. Indeed, prior to the advent of the modern welfare State, they usually spent more on war … than on all other things combined. Governments were essentially war making institutions that did a few other things on the …
Persistent link: https://www.econbiz.de/10014165363
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During World War II Americans were asked to salvage a long list of materials for the war effort including paper, tin …
Persistent link: https://www.econbiz.de/10011576534
Persistent link: https://www.econbiz.de/10000838241