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Strategy‐proofness (SP) is a sought‐after property in social choice functions because it ensures that agents have no incentive to misrepresent their private information at both the interim and ex post stages. Group strategy‐proofness (GSP), however, is a notion that is applied to the ex...
Persistent link: https://www.econbiz.de/10012806548
Government interventions to limit the spread of the COVID-19 disease have decreased mobility, which, in turn, impacts aggregate economic activity. Understanding mobility during the COVID-19 pandemic may serve as a proxy for understanding its economic impact. This study aims to examine the...
Persistent link: https://www.econbiz.de/10014284965
We introduce and analyze expected balanced uncertain utility (EBUU) theory. A prior and a balanced outcome-set utility characterize an EBUU decision maker. Conditional on a reference or "balancing value," the latter assigns a utility to each outcome-set. The decision maker associates with each...
Persistent link: https://www.econbiz.de/10015332578
The pandemic leap continues and only makes things worse. Sharp criticism continues to pour in about what measures it can put in place to reduce the social crisis. Although some have accused the restrictions of being relaxed (lockdown), it does not improve human nature, which instinctively...
Persistent link: https://www.econbiz.de/10014429915
This study presents experimental evidence on the effectiveness of alternative institutional arrangements designed to allow providers of public good services to be subsidized by non-providers. The decision setting is a repeated linear public good game with two groups, insiders and outsiders....
Persistent link: https://www.econbiz.de/10012237201
This paper presents the application of expert decision methods for the formulation and prioritization of the long-term economic, social and environmental policies in the Slovak Republic. The Partnership Agreement for the Slovak Republic (PA) is an underlying strategy for investments from the...
Persistent link: https://www.econbiz.de/10012316929
Knowing the gender of a counterpart can be focal in the willingness to collaborate in team settings that resemble the classic coordination problem. This paper explores whether knowing a co-worker's gender affects coordination on the mutually beneficial outcome in a socially risky environment. In...
Persistent link: https://www.econbiz.de/10012547673
Throughout history, societies have been beset by disasters that took them by surprise, often with widespread and devastating consequences. When crops, animals, or people began dying with unusual frequency, especially when the causes were not observable, people often failed to respond, responded...
Persistent link: https://www.econbiz.de/10012617708
Objective: The objective of the article is to investigate how cognitive framing of initiative failure affects strategic decision-making by entrepreneurs and managers in terms of exploitation and exploration. Research Design & Methods: A set of hypotheses is tested in a quasi-experimental study...
Persistent link: https://www.econbiz.de/10012517911
Purpose In this study the authors aim to comprehensively investigate the determinants of voting behavior in Turkey, with a specific focus on the dynamics of the center-periphery debate. Mainly, the authors focus on regional voting patterns during the period that is dominated by the Justice and...
Persistent link: https://www.econbiz.de/10014581350