Showing 51 - 60 of 64,443
In its 2018 introduction and subsequent work, Quadratic Funding (QF) emerged as a uniquely optimal design for the democratic provision of public goods under the assumption of atomized participants with perfect rationality. In this paper, we aim to move past this rational and atomized portrayal...
Persistent link: https://www.econbiz.de/10014255237
This paper analyzes the influence that social networks and the state of a public good or common property resource have on compliance with social norms in relation to a social dilemma. We find that equilibria where compliers and defectors coexist (partial cooperation) can be stable and are...
Persistent link: https://www.econbiz.de/10013228443
This study offers a new framework for organizing a motion picture in such a way that enhances its chances for box-office success. We combine and expand two strands of research for the moviemaking industry: the economic approach and the social network perspective. Specifically, we integrate the...
Persistent link: https://www.econbiz.de/10005736906
Housing markets are subject to many interrelated sources of instability on both a microeconomic and macroeconomic scale. Housing decisions of different individuals will be interdependent, generating non-linearities, discontinuities and feedback effects. This paper focuses in on some behavioural...
Persistent link: https://www.econbiz.de/10009024890
This paper deals with information acquisition and communication in networked organizations. Agents receive private signals about a payoff-relevant parameter and may communicate it to other players to whom they are linked. I derive a key condition that ensures truthful communication. Since the...
Persistent link: https://www.econbiz.de/10011112092
This paper proposes a central idea in diffusion research is that influential –a minority of individuals who influence an exceptional number of their peers- are important to formation of public opinion. Here we examine this idea, which we call the “influential hypothesis”, using the...
Persistent link: https://www.econbiz.de/10008561138
Many economic organizations have some relational structure, meaning that economic agents do not only differ with respect to certain individual characteristics such as wealth and preferences, but also belong to some relational structure in which they usually take different positions. Two examples...
Persistent link: https://www.econbiz.de/10010325156
In this paper, we describe a series of laboratory experiments that implement specific examples of a more general network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic complements, and participants have either complete or...
Persistent link: https://www.econbiz.de/10010352268
I develop a model of collaboration between tournament participants in which agents collaborate in pairs, and an endogenous structure of collaboration is represented by a weighted network. The agents are forward-looking and capable of coordination; they value collaboration with others and higher...
Persistent link: https://www.econbiz.de/10012010052
The effectiveness of social interaction depends strongly on an ability to coordinate actions efficiently. In large networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network structure. We examine how pre-play communication and...
Persistent link: https://www.econbiz.de/10012052765