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We consider a median voter model with uncertainty about how theeconomy functions. The distribution of income is exogenously given andthe provision of a public good is ¯nanced through a proportional tax.Voters and politicians do not know the true production function for thepublic good, but by...
Persistent link: https://www.econbiz.de/10005868211
We study the role of whistleblowing in the following inspectiongame. Two agents who compete for a prize can either behave legallyor illegally. After the competition, a controller investigates the agents’behavior. This inspection game has a unique Bayesian equilibriumin mixed strategies. We...
Persistent link: https://www.econbiz.de/10005868295
We study the role of whistleblowing in the following inspection game. Two agents who compete for a prize can either behave legally or illegally. After the competition, a controller investigates the agents’ behavior. This inspection game has a unique Bayesian equilibrium in mixed strategies. We...
Persistent link: https://www.econbiz.de/10011417290
Persistent link: https://www.econbiz.de/10002603446
Persistent link: https://www.econbiz.de/10001772761
Consider a society where all agents initially play "fair" and one agent invents a "cheating" strategy such as doping in sports. Which factors determine the success of the new cheating strategy? In order to study this question we consider an evolutionary game with heterogeneous agents who can...
Persistent link: https://www.econbiz.de/10014073254
We study the role of whistleblowing in the following inspection game. Two agents who compete for a prize can either behave legally or illegally. After the competition, a controller investigates the agents' behavior. This inspection game has a unique (Bayesian) equilibrium in mixed strategies. We...
Persistent link: https://www.econbiz.de/10014077977
We study the role of whistle-blowing in the following inspection game. Two agents who compete for a valuable prize can either behave legally or illegally. After the competition, a controller investigates the agents' behavior. This control game has a unique equilibrium in mixed strategies. We...
Persistent link: https://www.econbiz.de/10005730934
Persistent link: https://www.econbiz.de/10002346437
We study the role of whistleblowing in the following inspection game. Two agents who compete for a prize can either behave legally or illegally. After the competition, a controller investigates the agents’ behavior. This inspection game has a unique (Bayesian) equilibrium in mixed strategies....
Persistent link: https://www.econbiz.de/10005627937