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Shelling (1960) among others have argued that contributions to public goods may be larger if people spread their contributions and give one small contribution at a time. Examining a threshold public good environment, Marx and Matthews (2000) show that multiple rounds may secure a provision level...
Persistent link: https://www.econbiz.de/10005329025
Scores of experimental studies in two player bargaining games have shown the importance of fair outcomes in complete information environments. However, the case of complete information may be a special case, both in terms of the amount of information the players have, and the fact that they can...
Persistent link: https://www.econbiz.de/10005342246
A competitive market for an experience good is considered where high quality is enforced by repeated game trigger strategies. The goods are demanded by long run (LR) and short run (SR) customers, the former buying repeatedly, the latter only once. SR buyers can free ride on quality enforcement...
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A recent antitrust lawsuit against the National Residency Matching Program renewed interest in understanding the effects of a centralized match on wages of medical residents. Bulow and Levin (forthcoming) propose a simple model of the NRMP, in which firms set impersonal salaries simultaneously,...
Persistent link: https://www.econbiz.de/10012466331
This paper summarizes research on gender differences in economic settings. I discuss gender differences in attitudes toward competition, altruism and the closely related issue of cooperation, and risk preferences. While gender differences in competition are large and robust, the results are much...
Persistent link: https://www.econbiz.de/10012457878
The public phase of a capital campaign is typically launched with the announcement of a large seed donation. Andreoni (1998) argues that such a fundraising strategy may be particularly effective when funds are being raised for projects that have fixed production costs. The reason is that the...
Persistent link: https://www.econbiz.de/10008623380