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A simple decision theoretic model shows the doping incentives for a member of a professional sports team. Depending on the detection probability and the punishment, a sportsman dopes not at all, at a medium or at the maximal level. The whole team has a higher incentive than an individual team...
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We study the feasibility and efficiency of policy reforms in polarized democracies. We develop a simple election model where (i) reforms are costly for voters and politicians and these costs increase with the extent of policy change, and (ii) politicians differ in their ability to carry out...
Persistent link: https://www.econbiz.de/10011753319
We outline a new voting procedure for representative democracies. This procedure should be used for important decisions only and consists of two voting rounds: a randomly-selected subset of the citizens is awarded a one-time voting right. The parliament also votes, and the two decisions are...
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In diesem Beitrag wird ein neues Instrument zur Unterstützung der kollektiven Entscheidungsfindung in Organisationen vorgestellt. Bei diesem Instrument, der Problem-Balance-Bilanz (PBB) handelt es sich um ein bewußt einfach gehaltenes Instrument zur Dokumentation des Status von...
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Integrated Coastal Zone Management (ICZM) is struggling with a lack of science-management integration. Many computer systems, usually known as "decision support systems", have been developed with the intention to make scientific knowledge about complex systems more accessible for coastal...
Persistent link: https://www.econbiz.de/10010312484
This paper investigates choice between opportunity sets. I argue that individuals may prefer to have fewer options for two reasons: First, smaller choice sets may provide information and reduce the need for the agent to contemplate the alternatives. Second, contemplation costs may be increasing...
Persistent link: https://www.econbiz.de/10010312510