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A model of group decision-making is studied, in which one of two alternatives must be chosen. While group members differ in their valuations of the alternatives, everybody prefers some alternative to disagreement. Our model is distinguished by three features: private information regarding...
Persistent link: https://www.econbiz.de/10005423100
This paper provides a theoretical explanation for the democratic peace hypothesis (i.e., the observation that democracies rarely fight one another). We show that, when information asymmetries and strategic complements are present in the conflict resolution game, the strategic interaction between...
Persistent link: https://www.econbiz.de/10005737222
In this paper we focus on strategic voting behavior when both an election and a signaling motivation affect voters' behavior. We analyze a model of elections with two candidates competing on a one-dimensional policy space. Voters are privately and imperfectly informed about a common shock...
Persistent link: https://www.econbiz.de/10005702068
Persistent link: https://www.econbiz.de/10010745236
We analyze a dynamic model of agenda formation in which players compete in each period to put their ideal policies on the agenda. In each period, with some probability, a decision maker is called upon to take an action from the agenda. We show that in any Markov equilibrium of this game, players...
Persistent link: https://www.econbiz.de/10010745831
We analyze the relation between religious beliefs, religious participation, and social cooperation. We focus on religions that instill beliefs about the connection between rewards and punishments and social behavior. We show how religious organizations arise endogenously, and identify a...
Persistent link: https://www.econbiz.de/10010599062
We consider dynamic decision making in a legislature, in which in each period legislators vote between the status quo (previous periodʼs policy) and a new bill. However, the agenda formation process is captured by interest groups, that is, the new bill on the agenda is determined by an all-pay...
Persistent link: https://www.econbiz.de/10011042989
As Weber (1904) recognized, Calvinistic beliefs about predestination may constitute a powerful incentive for good works; an individual wishes to receive assurances about her future prospects of salvation, and good works may provide a positive signal about such prospects. These beliefs can in...
Persistent link: https://www.econbiz.de/10011071078
We develop a model of social signaling of religiosity and cooperative behavior in religious organizations. The model embeds a ritual-based religious organization in which signaling arises through the use of costly rituals, and a discipline-based religious organization in which such signaling...
Persistent link: https://www.econbiz.de/10011035456
As Weber (<link href="#jpet12072-bib-0027"/>) recognized, Calvinistic beliefs about predestination may constitute a powerful incentive for good works; an individual wishes to receive assurances about her future prospects of salvation, and good works may provide a positive signal about such prospects. These beliefs can in turn...
Persistent link: https://www.econbiz.de/10011035939