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This paper theoretically assesses the role that uncertainty plays in the intensity of conflicts. The standard two-player rent-seeking contest model (Tullock, 1980) is extended to allow for privately known subjective values of the prize. The conflict is modeled as a Bayesian game on which each...
Persistent link: https://www.econbiz.de/10008753224
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Persistent link: https://www.econbiz.de/10010818591
Trust is fragile. It is hard to build but easy to destroy. In this paper, we explore the fragility of trust in a stylized laboratory environment. We ask whether transgression outside a direct send-and-return relationship destroys trust and, if so, whether a competition against outsiders or an...
Persistent link: https://www.econbiz.de/10011116874
We study elections with three candidates under plurality voting. A candidate is a Condorcet loser if the majority of the voters place that candidate at the bottom of their preference rankings. We first show that a Condorcet loser might win the election in a three-way race. Next we introduce to...
Persistent link: https://www.econbiz.de/10008804913
In this paper we characterize a situation in which non-calculative trust has to play a role in the decision to cooperate. We then analyse the given situation in game theoretical terms and distinguish those aspects of players’ decisions that are cooperative from those that may be interpreted as...
Persistent link: https://www.econbiz.de/10005792217
This paper presents a result of a voluntary contribution mechanism experiment with partial communication. We found that the trend of mean investments depended on whether a communication network was connected or not and on how fast all subjects could share information.
Persistent link: https://www.econbiz.de/10008509300
En utilisant le modele du Principal-Agent pour decrire la relation qui peut s'etablir entre un trafiquant ou un membre d'une organisation criminelle et un organisme financier, nous montrons qu'il existe des incitations economiques a l'etablissement d'une negociation entre eux pour fixer les...
Persistent link: https://www.econbiz.de/10005779619
This paper demonstrates how our sense of identity can emerge out of mere markers of social distinction that may have no innate significance, but, nevertheless, spread to various aspects of our lives and be the root of conflict. The basis of such conflicts could arise from the use of race to form...
Persistent link: https://www.econbiz.de/10005553634
This paper examines compromise spaces between competing perspectives on four key climate change issues: costs, level of domestic action, environmental integrity, and developing world involvement. Based on extensive simulations of a model integration tool, SAP12 (Stochastic Assessment of Climate...
Persistent link: https://www.econbiz.de/10005442480
This paper presents a result of a voluntary contribution mechanism experiment with partial communication. We found that the trend of mean investments depended on whether a communication network was connected or not and on how fast all subjects could share information.
Persistent link: https://www.econbiz.de/10005486458