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Overlapping Climate Clubs Under Transaction Costs

Delfino Silva, Emilson - 2018

We examine the formation of multilateral, hub-and-spoke and bilateral international R&D strategic alliances (overlapping climate clubs) to reduce CO2 emissions. R&D provision in clubs produces two types of positive externalities: a global public good (i.e., reduction of CO2 emissions) and...

Persistent link: https://www.econbiz.de/10012909247

Experimental Research on Contests

Sheremeta, Roman M. - 2018

Costly competitions between economic agents are modeled as contests. Researchers use laboratory experiments to study contests and test comparative static predictions of contest theory. Commonly, researchers find that participants' efforts are significantly higher than predicted by the standard...

Persistent link: https://www.econbiz.de/10012910152

Coordination and Fair Division in Refugee Responsibility Sharing

Ericson, Richard E. - 2019

We discuss issues of international sharing of the responsibility for refugees seeking protection from life threatening circumstances such as created in the course or aftermath of war or an ongoing crises. After surveying proposals for allocating responsibility for refugees among cooperating...

Persistent link: https://www.econbiz.de/10012893460

Anti-Conformism in the threshold Model of Collective Behavior

Grabisch, Michel - 2019

We provide a first study of the threshold model, where both conformist and anti-conformist agents coexist. The paper is … threshold model supposing a fixed complete network, where every one is connected to every one, like in the work of Granovetter … (1978). We study the case of a uniform distribution of the threshold, of a Gaussian distribution, and finally give a result …

Persistent link: https://www.econbiz.de/10012893500

Efficient Random Assignment With Cardinal and Ordinal Preferences

Fisher, James - 2019

We develop a finite random assignment model where players know either their cardinal or their ordinal preferences and may make cardinal or ordinal reports to an assignment mechanism. Under truthful reporting, we find that all mechanisms that disregard the cardinal information in players' reports...

Persistent link: https://www.econbiz.de/10012895710

Redistribution under General Decision Rules

Parameswaran, Giri - 2019

We study the political economy of redistribution over a broad class of decision rules. Since the core is generically non-unique, we suggest a simple and elegant procedure to select a robust equilibrium. Our selected policy depends on the full income profile, and in particular, on the preferences...

Persistent link: https://www.econbiz.de/10012897378

Auctioning Risk : The All-Pay Auction under Mean-Variance Preferences

Klose, Bettina S. - 2018

We analyse the all-pay auction with incomplete information and variance-averse bidders. We characterise the unique symmetric equilibrium for general distributions of valuations and any number of bidders. Variance aversion is a sufficient assumption to predict that high-valuation bidders increase...

Persistent link: https://www.econbiz.de/10012938629

Norms in Bargaining : Evidence from Government Formation in Spain

Fujiwara, Thomas - 2017

Theories of multilateral bargaining and coalition formation applied to legislatures predict that parties' seat shares determine their bargaining power. We present findings that are difficult to reconcile with this prediction. We use data from 2,898 municipal Spanish elections in which two...

Persistent link: https://www.econbiz.de/10012942352

Elimination Tournament Design under Psychological Momentum

Chen, Bo - 2017

In multi-round elimination tournaments, players experience "psychological momentum". We re-consider the design of elimination tournament plan, by taking into account of various types of psychological momentum. The results show that if there is negative psychological momentum, either persistent...

Persistent link: https://www.econbiz.de/10012945208

How Property Can Create, Maintain, or Destroy Community

Lehavi, Amnon - 2009

Property law plays a crucial role in the ability of groups, especially ones composed of geographically-adjacent members, to establish and maintain significant forms of quot;communityquot; around a social, economic, or ideological shared interest. Property may also have, however, the opposite...

Persistent link: https://www.econbiz.de/10012766684