Showing 101 - 110 of 7,750
This paper examines Amartya Sen's notion of 'commitment' in light of Geoffrey Brennan's recent discussion thereof. Its … aim is to elucidate one type of commitment which consists in following social norms. To this end, I discuss Sen's 'apples …
Persistent link: https://www.econbiz.de/10009291979
Regular brand buyers may be brand loyals if they exhibit strong and positive attitudes towards the brand leading them to be committed to purchasing it in the future. They can also buy the brand regularly out of mere habit or for practical reasons. This is called inertia. Finally, regular brand...
Persistent link: https://www.econbiz.de/10010789109
This paper models endogenous judicial independence (JI) as a commitment device in a political commitment game between a … credible commitment. Second, equilibrium JI for guaranteeing human rights is inefficiently high in the sense that the ruler …
Persistent link: https://www.econbiz.de/10010794925
The paper outlines in an informal an summary way some perspectives suggested by game theory for analysing the problem of the acquisition and use of force, the shift in its use from coercion to the power to enforce rules, the recognition of abilities and entrepreneurship as sources of power more...
Persistent link: https://www.econbiz.de/10010798310
The paper investigates optimal financial contracts when investment in pledgeable assets is endogenous and not observable to financiers. In a setting with uncertainty, two inputs with different collateral value and investment unobservability, we show that a firm-bank secured credit contract is...
Persistent link: https://www.econbiz.de/10010800991
Persistent link: https://www.econbiz.de/10010685313
commitment to submit to non-unanimous collective choices of certain kinds or reached by certain rules. The paper suggests that …
Persistent link: https://www.econbiz.de/10010685314
This paper, prepared for the Handbook of Game Theory, volume 4 (Peyton Young and Shmuel Zamir, editors, Elsevier Press), surveys work on reputations in repeated games of incomplete information.
Persistent link: https://www.econbiz.de/10010685964
Parental time with children increases with the education of both the mother and the father. As the education of parents increases, the gap between childcare supplied by mothers relative to that supplied by fathers decreases. A two steps semi-cooperative marital decision model is proposed to...
Persistent link: https://www.econbiz.de/10010691322
commitment regimes. In the first, the physician can commit to treatment decisions at the time a payment contract is accepted. In … patient's illness to do so. In the commitment game, the first best is implemented by a single payment contract to all types of …
Persistent link: https://www.econbiz.de/10010693377