Showing 1 - 10 of 143
The literature of private provision of public goods suggests thatincentive to contribute is inversely related to group size. This paperempirically tests this relationship using field data from ChineseWikipedia, an online encyclopedia. We exploit an exogenous reduction ingroup size as a result of...
Persistent link: https://www.econbiz.de/10009435118
Peer-to-peer networks have emerged as a popular alternative to traditional client-server architectures for the distribution of information goods. Recent academic studies have observed high levels of free-riding in various peer-to-peer networks, leading some to predict the imminent collapse of...
Persistent link: https://www.econbiz.de/10009441085
collected using a field experiment employingan experimental auction approach with mechanisms to reduce free riding often seen in … willingness to pay estimates are compared to a baseline choice experiment that employs an incentive compatible, majority vote … mechanism and actual (not hypothetical) money payments. A conditional logit model, rooted in McFadden’s choice theory,is used to …
Persistent link: https://www.econbiz.de/10009446146
Los Angeles has had the worst traffic for the longest time out of any American city with many of its residents commuting for over an hour to and from work. The solution to this problem has existed for over 50 years but political forces have stopped its implementation. With the funding problems...
Persistent link: https://www.econbiz.de/10009468728
Online advertisements are increasingly becoming an attractive channel for advertising. Pricing for online ads has evolved over time, and different auction-based policies are employed by website publishers to sell online ads. In this paper, we analyze, under different scenarios, the following...
Persistent link: https://www.econbiz.de/10009430343
Because sequential auctions have permeated society more than ever, it is desirable for participants to have the optimal strategies beforehand. However, finding closed-form solutions to various sequential auction games is challenging. Current literature provides some answers for specific cases...
Persistent link: https://www.econbiz.de/10009431203
theory to analyze the systems under both deterministic and general stochastic demand. We derive the existence and uniqueness …
Persistent link: https://www.econbiz.de/10009431209
This half-semester course discusses decision theory and topics in game theory. We present models of individual decision …, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi …-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games …
Persistent link: https://www.econbiz.de/10009432546
required to take into account the decisions of others, the process can be modeled as a game. Game theory has been previously be … the strategy of others. In this paper, the application of game theory in the context of MC&A upgrades is discussed …. By demonstrating the application of game theory to a nontraditional environment that may require MC&A upgrades, this work …
Persistent link: https://www.econbiz.de/10009435804
This paper presents a comprehensive analysis of the impact of solid waste technical options on values and objectives that are important to the public. It is written in support of the Solid Waste and Materials Systems Alternatives Study (WHC, 1995). Described are the values that were identified,...
Persistent link: https://www.econbiz.de/10009436048