Showing 1 - 10 of 3,765
Persistent link: https://www.econbiz.de/10011665595
Persistent link: https://www.econbiz.de/10008732346
advantage in the final stage. We examine such momentum in conflict scenarios and investigate how valuable it must be to avoid a …, rent dissipation in the two-stage conflict is equal across party whether or not an individual obtains first-stage momentum … as useful conflict benchmarks, they dissipate additional expected contest rents. This additional rent-dissipative toll …
Persistent link: https://www.econbiz.de/10013171901
Using a unique experimental data set, we investigate how asymmetric legal rights shape bargainers’ aspiration levels through moral entitlements derived from equity norms and number prominence. Aspiration formation is typically hard to observe in real life. Our study involves 15 negotiations...
Persistent link: https://www.econbiz.de/10011771180
-group conflict, i.e., the paradox of the plenty. We also consider the potential role of governance in avoiding this paradox. In the …-stage conflict. In the next stage, each group member allocates his private endowment between working or fighting for a share of the … resource size is higher. Group conflict (income) decreases (increases) only when leaders chose the strongest resource …
Persistent link: https://www.econbiz.de/10011453120
characterized by fast interventions. We show that a zero-sum conflict over resources pushes long-run dynamics toward homogeneous …
Persistent link: https://www.econbiz.de/10012308623
In imperfectly discriminating contests with symmetric valuations, equilibrium payoffs are positive shares of the value of the prize. In contrast to a bargaining situation, players’ shares sum to less than one because a residual share of the value is lost due to rent dissipation. In this paper,...
Persistent link: https://www.econbiz.de/10011550537
A four-period game is developed between a policy maker, the international community, and the population. This research supplements, through implementing strategic interaction, earlier research analyzing "one player at a time". The first two players distribute funds between preventing and...
Persistent link: https://www.econbiz.de/10011633666
We consider a (pure) public goods provision problem with voluntary participation in a quasi-linear economy. We propose a new hybrid solution concept, the free-riding-proof core (FRP-Core), which endogenously determines a contribution group, public goods provision level, and how to share the...
Persistent link: https://www.econbiz.de/10011694996
Under the 'new normal' in the labor market, individuals can work remotely or in person, a hybrid work mode that became ubiquitous during the pandemic. This paper studies the efficiency of decentralized leadership in federations in which hybrid work is the modus operandi. Self-interested regional...
Persistent link: https://www.econbiz.de/10014422292