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traditional privately owned large farms. Critical to the success of the cooperative, is a set rules and regulation that place them …
Persistent link: https://www.econbiz.de/10013046205
In the allocation of hearts and livers, the U.S. transplantation authority has recurrently faced a pervasive problem of asymmetric information about transplant candidates’ medical urgency. I investigate the optimal design of prioritization rules under different social welfare functions while...
Persistent link: https://www.econbiz.de/10013235689
This paper studies the resilience of public policies that governments design for catalyzing economic development. This property depends on the extent to which behavioral heuristics and spillover effects allow policymakers to attain their original goals when a particular policy cannot be funded...
Persistent link: https://www.econbiz.de/10012913947
Economics students have been shown to exhibit more selfishness than other students. Because the literature identifies the impact of long-term exposure to economics instruction (e.g., taking a course), it cannot isolate the specific course content responsible; nor can selection, peer effects, or...
Persistent link: https://www.econbiz.de/10011559599
The present paper examines the stability of self-enforcing International Environmental Agreements (IEAs) among heterogeneous countries in a twostage emission game. In the first stage each country decides whether or not to join the agreement, while in the second stage the quantity of emissions is...
Persistent link: https://www.econbiz.de/10011957014
in the number of countries affected by the externalities. …
Persistent link: https://www.econbiz.de/10011957015
When actions by one agent force another to deviate from their agreements with a third, "victim" turns into "injurer" in the chain's subsequent steps. Should the chain's initiator be responsible only for the direct harm they cause or also bear some of the indirect losses they trigger? Through an...
Persistent link: https://www.econbiz.de/10013473007
Persistent link: https://www.econbiz.de/10014363721
A model of group formation is presented where the number of groups is fixed and a person can only join a group if the group's members approve the person's joining. Agents have either local status preferences (each agent wants to be the highest status agent in his group) or global status...
Persistent link: https://www.econbiz.de/10010312309
Various approaches used in Agent-based Computational Economics (ACE) to model endogenously determined interactions between agents are discussed. This concerns models in which agents not only (learn how to) play some (market or other) game, but also (learn to) decide with whom to do that (or not).
Persistent link: https://www.econbiz.de/10010284102