Similar Search Results

Coalition Formation in Games with Externalities

Montero, M.P. - Tilburg University, Center for Economic Research - 1999

impose externalities on other players. It is shown that an agreement will be reached without delay provided that any set of …

Persistent link: https://www.econbiz.de/10011091237

Capacity Choice of Dams under Rivalry Use and Externalities

Houba, Harold; Do, Kim Hang Pham; Zhu, Xueqin - Tinbergen Instituut - 2014

This paper studies the relation between optimal dam capacity and water management under rivalry uses and externalities …-linear building cost of dam capacity and externalities in a welfare optimization model. We obtain the optimal dam capacity for multi …

Persistent link: https://www.econbiz.de/10011257002

External vs Internal Monitors: The Role of Restructuring Consequences and Information Technologies

Will, Heide C. U. - University of Bonn, Germany - 1998

This paper analyses the relative efficiency of internal and external monitors. It confirms the intuition that, if the principal and her employees share aligned interests, internal monitoring is superior to external monitoring; vice versa if interests diverge. This result is not robust for two...

Persistent link: https://www.econbiz.de/10005032100

An experiment on cooperation in a CPR game with a disapproval option

Yao, Koffi Serge William - In: Games 12 (2021) 4, pp. 1-14

This paper studies the standard version of the approval mechanism with two players in a common pool resource (CPR) extraction game. In the case of disapproval, the Nash extraction level is implemented. The paper investigates, experimentally, the extent to which the Nash threat leads to...

Persistent link: https://www.econbiz.de/10013200145

An experiment on cooperation in a CPR game with a disapproval option

Yao, Koffi Serge William - In: Games 12 (2021) 4, pp. 1-14

Persistent link: https://www.econbiz.de/10012650460

How to Promote Cooperation for the Well-Being of Individuals and Societies

Capraro, Valerio - 2023

The most successful human societies are those that have found better ways to promote cooperative behaviour. Yet, cooperation is individually costly and, therefore, it often breaks down, leading to enormous social costs. In this article, I review the literature on the mechanisms and interventions...

Persistent link: https://www.econbiz.de/10014358292

Cooperation and Institution in Games

Okada, Akira - Graduate School of Economics, Hitotsubashi University - 2014

Based on recent developments in non-cooperative coalitional bargaining theory, I review game theoretical analyses of cooperation and institution. The first part presents basic results of the random-proposer model and applies them to the problem of involuntary unemployment in a labor market....

Persistent link: https://www.econbiz.de/10010895336

Contract Disclosure under External Scrutiny

Corona, Carlos; Kim, Tae Wook - 2022

We examine the effects of mandating compensation disclosure on executive incentive contracts, earnings management, firm … who allocates resources across firms to verify earnings management. With such scrutiny allocation, contracts exhibit … externalities that create a coordination problem among principals. Contract disclosure enables principals to design the contract …

Persistent link: https://www.econbiz.de/10013294613

The Impact of the Judiciary on Economic Activity

Chemin, Matthieu - Centre Interuniversitaire sur le Risque, les Politiques … - 2007

This paper examines the consequences of slow judiciaries on firms' contracting behaviour in India. After deriving testable implications from a game theoretical model, I examine how case pendency rates in India's state courts affect the contracting behaviour of 170,000 small non-agricultural...

Persistent link: https://www.econbiz.de/10005015318

Does Judicial Quality Shape Economic Activity? Evidence from a Judicial Reform in India

Chemin, Matthieu - Centre Interuniversitaire sur le Risque, les Politiques … - 2007

This paper investigates the impact of judiciaries on firms' contracting behaviour and economic performance. In 2002, the Code of Civil Procedure Amendment Act was enacted in India to facilitate speedy disposal of civil suits. Some State High Courts hal already enacted some of the amendments...

Persistent link: https://www.econbiz.de/10005015327