Showing 1 - 10 of 15
Persistent link: https://www.econbiz.de/10010935336
This paper investigates the impact of program budget size on monitoring and competitive bidding in the public sector. A sequential game is developed involving a ministry and bureau strategically interacting in the provision of a public sector good. The ministry copes with imperfect information...
Persistent link: https://www.econbiz.de/10005515495
Persistent link: https://www.econbiz.de/10001364171
This paper investigates the earnings gap between Black and White workers in the Canadian economy using 2006 Canadian Census data. Several studies have examined visible minority earnings in Canada (e.g., Hou and Coulombe, 2010; Pendakur and Pendakur, 2011; Yap and Konrad, 2009). Recent research...
Persistent link: https://www.econbiz.de/10013119866
We use a two-issue bargaining model with asymmetric information to study agent choice of how to structure bargaining. We uncover the settings in which different agenda structures are chosen in equilibrium, how the order in which issues are bargained over matters, and what impact the rules for...
Persistent link: https://www.econbiz.de/10010291973
We use a two-issue bargaining model with asymmetric information to study agent choice of how to structure bargaining. We uncover the settings in which different agenda structures are chosen in equilibrium, how the order in which issues are bargained over matters, and what impact the rules for...
Persistent link: https://www.econbiz.de/10005515558
We study a two-issue bargaining situation in which the surplus of one issue is public information, while that of the other issue is private information to one of the parties. Bargaining is by alternating offers under common time-discounting. The bargaining agenda is determined endogenously since...
Persistent link: https://www.econbiz.de/10005328641
In this paper, we study a two issue bargaining situation allowing for an endogenous determination of the agenda under alternative rules for implementing agreements. We uncover the settings in which different agenda structures will be employed in equilibrium, how the order in which issues are...
Persistent link: https://www.econbiz.de/10005748026
This paper develops a model that explains the persistence of excess demand for some goods. It offers that, for some goods, consumers care about who else is consuming the good. As such, their willingness to pay depends on their beliefs about the other consumers. We demonstrate that screening...
Persistent link: https://www.econbiz.de/10005636382
Persistent link: https://www.econbiz.de/10000962140