Showing 1 - 10 of 19
"Rational Queueing provides one of the first unified accounts of the dynamic aspects involved in the strategic behavior in queues. It explores the performance of queueing systems where multiple agents, such as customers, servers, and central managers, all act but often in a noncooperative...
Persistent link: https://www.econbiz.de/10011625826
Persistent link: https://www.econbiz.de/10001698512
Persistent link: https://www.econbiz.de/10005780884
We consider a politician's choice of whether to be evaluated, as by subjecting himself to a detailed interview or by asking for the appointment of a special prosecutor. We find that both when politicians do and do not know the quality of their own actions, stable equilibria may exist in which...
Persistent link: https://www.econbiz.de/10005486847
Consider a government that adopts a program, sees a noisy signal about its success, and decides whether to continue the program. Suppose further that the success of a program is greater if people think it will be continued. This paper considers the optimal decision rule for continuing the...
Persistent link: https://www.econbiz.de/10010677398
Persistent link: https://www.econbiz.de/10005766827
Consider a government that adopts a program, sees a noisy signal about its success, and decides whether to continue the program. Suppose further that the success of a program is greater if people think it will be continued. This paper considers the optimal decision rule for continuing the...
Persistent link: https://www.econbiz.de/10005560956
Persistent link: https://www.econbiz.de/10005588587
We consider an individual's choice whether to be evaluated. Separating signaling equilibria can arise when individuals are risk averse, even if the cost of evaluation is zero for all.
Persistent link: https://www.econbiz.de/10005704415
Persistent link: https://www.econbiz.de/10012235409