Showing 1 - 10 of 16
We develop a model of social preferences for network games and study its predictions in a local public goods game with multiple equilibria. The key feature is that players' social preferences are heterogeneous. This gives room for disagreement between players about the "right" payoff ordering....
Persistent link: https://www.econbiz.de/10013341638
This paper analyzes the relationships between the degree of decentralization of public policy and the emergence of horizontal strategic interactions. We analyze the structural funds allocation process in determining how the structure of governance of cohesion policy a ects the development of...
Persistent link: https://www.econbiz.de/10011509059
In Turkey, after the 1999 Gölcük Earthquake, urban redevelopment has been seen as a major solution for removal or rehabilitation of low quality urban settlements. Several laws and bylaws have been passed to this end. One of the major tasks of this transformation and/or redevelopment is to...
Persistent link: https://www.econbiz.de/10011559882
This paper compares the Kyoto Protocol and the Paris Agreement in the dynamic game of Battaglini and Harstad (2016). The asymmetric Nash solution of this game reflects the Paris Agreement, whereas the symmetric Nash solution reflects the Kyoto Protocol. In a large set of economies, the Kyoto...
Persistent link: https://www.econbiz.de/10013341779
The relationship income / distance to CBD is basically nonlinear and its form varies a lot across the world. We often consider classic forms such as the typical US city one, where rich people live in the suburbs and the European city where they live downtown. Nevertheless, more complex patterns...
Persistent link: https://www.econbiz.de/10011478826
Some consumption opportunities, e.g. medical treatments, are both indivisible and only valuable in particular states of nature. The existence of such state-dependent indivisible consumption opportunities influences a person's risk attitudes. In general, people are not risk averse anymore even if...
Persistent link: https://www.econbiz.de/10012231153
This paper investigates if and how confidence at the individual level changes over the course of a life. We provide age profiles of a novel continuous confidence measure and the probability of overconfidence, conditioning on personality traits (including the Big Five and optimism), economic...
Persistent link: https://www.econbiz.de/10012231947
I present a novel experimental design to measure lying and mistrust as continuous variables on an individual level. My experiment is a sender-receiver game framed as an investment game. It features two players: firstly, an advisor with complete information (i.e., the sender) who is incentivized...
Persistent link: https://www.econbiz.de/10012424302
The economic dimension of the agricultural farm is intensively studied both by agricultural specialists, who usually want farms as large as possible, but also by agrarian economists who measure the profitability of the factors involved in obtaining agricultural production at the scale of the...
Persistent link: https://www.econbiz.de/10014340843
This paper reviews the literature on incorporating behavioural elements into epidemiological models of pandemics. While modelling behaviour by forward-looking rational agents can provide some insight into the time paths of pandemics, the non-stationary nature of Susceptible-Infected-Removed...
Persistent link: https://www.econbiz.de/10012886463