Showing 111 - 120 of 121
We provide a solution to the free-rider problem in the provision of a public good. To this end we define a biased indirect contribution game which provides the efficient amount of the public good in non-cooperative Nash equilibrium. No confiscatory taxes or other means of coercion are used. We...
Persistent link: https://www.econbiz.de/10010617566
This paper analyzes the consequences of a parametrized class of sharing rules on the propensity of individuals to sabotage each other in a cooperative production framework. The considered sharing rules include equal and proportional sharing as special cases and are parametrized with respect to...
Persistent link: https://www.econbiz.de/10011154642
We allow a contest organizer to bias a contest in a discriminatory way; i.e., she can favor specific contestants by designing the contest rule in order to maximize total equilibrium effort (resp. revenue). The two predominant contest regimes are considered, all-pay auctions and lottery contests....
Persistent link: https://www.econbiz.de/10011049677
Affirmative action policies bias tournament rules in order to provide equal opportunities to a group of competitors who have a disadvantage they cannot be held responsible for. Its implementation affects the underlying incentive structure which might induce lower performance by participants, and...
Persistent link: https://www.econbiz.de/10011056126
This paper analyzes the incentive effects of affirmative action in competitive environments. Competition is between heterogeneous players in a contest game where heterogeneity might be due to past discrimination. Two policy options are analyzed that tackle the underlying asymmetry: either it is...
Persistent link: https://www.econbiz.de/10011056283
We characterize revenue maximizing head starts for all-pay auctions and lottery contests with many heterogeneous players. We show that under optimal head starts all-pay auctions revenue-dominate lottery contests for any degree of heterogeneity among players. Moreover, all-pay auctions with...
Persistent link: https://www.econbiz.de/10011100014
In this paper we analyze how biased lotteries can be used to overcome the free-riding problem in voluntary public good provision. We characterize the optimal combinations of bias and lottery prize and the conditions that guarantee efficient public good provision in equilibrium.
Persistent link: https://www.econbiz.de/10011116204
Collection of selected, peer reviewed papers from the 1st Green Factory Colloquium, September 30 - October 1, 2014, Nuremberg, Germany. The 15 Papers are grouped as follows: Chapter 1: Sustainable Manufacturing Strategies; Chapter 2: Energy Measuring Systems; Chapter 3: Energy Efficient Process...
Persistent link: https://www.econbiz.de/10012678825
The German Academic Society for Production Engineering is an association of leading German professors of production engineering. The „WGP Jahreskongress" has the aim to foster young researchers by giving the opportunity to publish their research results under their own name exclusively and...
Persistent link: https://www.econbiz.de/10012685822
Collection of Selected, Peer Reviewed Papers from the 2014 WGP Congress, , September 9-10, 2014, Erlangen, Germany. the 76 Papers are Grouped as Follows: Keynotes, Chapter 1: Assembly, Chapter 2: Cutting and Grinding, Chapter 3: Forming, Chapter 4: Machines, Chapter 5: Organisation
Persistent link: https://www.econbiz.de/10012678823