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In this paper we explore perceptions of distributive justice in Latin America during the 2000s and its relationship … holds across very heterogeneous groups of the population. Moreover, perceptions evolved in the same direction as income … inequality for 17 out of the 18 countries for which microdata is available. Our analysis reveals unfairness perceptions are more …
Persistent link: https://www.econbiz.de/10011691107
experimental evidence that such perceptions of identity-relevant characteristics causally influence decisionmaking: if people view … administrative data, we show that negative perceptions strongly predict households' stock market participation, more so than leading … alternative determinants. Beyond investment decisions, perceptions predict individuals' polarizing behavior towards stockholders …
Persistent link: https://www.econbiz.de/10013468209
experimental evidence that such perceptions of identity-relevant characteristics causally influence decision-making: if people view … administrative data, we show that negative perceptions strongly predict households' stock market participation, more so than leading …
Persistent link: https://www.econbiz.de/10014309586
We analyze R&D collaboration networks in industries where firms are competitors in the product market. Firms' benefits from collaborations arise by sharing knowledge about a cost-reducing technology. By forming collaborations, however, firms also change their own competitive position in the...
Persistent link: https://www.econbiz.de/10011429537
We consider a committee voting setup with two rounds of voting where committee members who possess private information about the state of the world have to make a binary decision. We investigate incentives for truthful revelation of their information in the first voting period. Coughlan (2000)...
Persistent link: https://www.econbiz.de/10011430746
This paper revisits the Kareken-Wallace model of exchange rate formation in a two-country overlapping generations world. Following the seminal paper by Arifovic (Journal of Political Economy, 104, 1996, 510-541) we investigate a dynamic version of the model in which agents' decision rules are...
Persistent link: https://www.econbiz.de/10011431839
Do migrants shape the dynamic comparative advantage of their sending and receiving countries? To answer this question we study the drivers of knowledge diffusion by looking at the dynamics of the export basket of countries, with particular focus on migration. The fact that knowledge diffusion...
Persistent link: https://www.econbiz.de/10011432506
interact in social-learning settings with distinct information structures. In each round of interaction, they use their …
Persistent link: https://www.econbiz.de/10011434567
We report two information cascade game experiments that directly test the impact of altruism on observational learning. Participants interact in two parallel sequences, the observed and the unobserved sequence. Only the actions of the observed entail informational benefits to subsequent...
Persistent link: https://www.econbiz.de/10011436128
We consider a model of an information network where nodes can fail and transmission of information is costly. The formation of paths in such networks is modeled as the Nash equilibrium of an N player routing game. The task of obtaining this equilibrium is shown to be NP-Hard. We derive...
Persistent link: https://www.econbiz.de/10011436398