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Relationships between cotton export sales and export shipments are examined, and a quarter-specific lag structure is estimated. Two econometric systems are estimated, one employing export shipments and the other using export sales. Results indicate that sales are more sensitive to changes in...
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Laboratory experimentation was used to assess the impacts of information disclosure in imperfect markets. A dual oligopoly market structure was designed with contract information disclosed to subjects under three treatments: no, partial, and full disclosure. Regression analysis revealed some...
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Many group decisions begin with small coalitions that recruit additional members until they satisfy a voting rule. This paper introduces a technique for measuring coalition formation in group decision making. The setting involves N players bargaining over the share distribution of an asset. The...
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