Showing 1 - 10 of 3,107
resource extraction contracts, could help resolve the environmental crisis that is based on over-extraction of global resources. …
Persistent link: https://www.econbiz.de/10011438819
The European Union (EU) has moved towards bicameralism, making the codecision procedure its most important mechanism for decision making. To gauge if European Parliament (EP) and Council of Ministers (CM) are equally powerful codecision makers , understanding of the final stage of the procedure...
Persistent link: https://www.econbiz.de/10011509443
We adopt the largest consistent set defined by Chwe [J. of Econ. Theory 63 (1994), 299-235] to predict which coalition structures are possibly stable when players are farsighted. We also introduce a refinement, the largest cautious consistent set, based on the assumption that players are...
Persistent link: https://www.econbiz.de/10011591399
construct mechanisms that facilitate such cooperation, especially in the case of asymmetric private information. The two major …
Persistent link: https://www.econbiz.de/10008665710
This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10010469057
We study stable sets for marriage problems under the assumption that players can be both myopic and farsighted. We introduce the new notion of the myopic-farsighted stable set. For the special cases where all players are myopic and where all players are farsighted, our concept predicts the set...
Persistent link: https://www.econbiz.de/10011672526
We analyze a college admissions game with asymmetric information between students and colleges. Students' preferences … the latter's abilities, which are private information. Students and schools are matched via a decentralized mechanism in …
Persistent link: https://www.econbiz.de/10012166000
We study the problem of assigning indivisible objects to agents where each is to receive one object. To ensure fairness in the absence of monetary compensation, we consider random assignments. Random Priority, also known as Random Serial Dictatorship, is characterized by symmetry, ex-post...
Persistent link: https://www.econbiz.de/10014515735
This paper studies cross-border intellectual property rights (IPR) as a North-South contract using a Nash bargaining approach and distinguishes between the outcome and its actual enforcement. The absorptive capacity of the Southern country to exploit technology transfer plays a key role in the...
Persistent link: https://www.econbiz.de/10009535536
this remedial regime allows parties to write simple contracts that induce first-best cooperative investments. …
Persistent link: https://www.econbiz.de/10003909321