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This paper presents an axiomatic characterization of difference-form group contests, that is, contests fought among groups and where their probability of victory depends on the difference of their effective efforts. This axiomatization rests on the property of Absolute Consistency, stating that...
Persistent link: https://www.econbiz.de/10011188905
Contests are situations in which a set of agents compete for a valuable object, rent or award. The present paper analyzes difference-form group contests, that is, contests fought among groups and where their probability of victory depends on the difference of their effective efforts. First, we...
Persistent link: https://www.econbiz.de/10010752420
Recent literature has emphasized that individuals display different depths of reasoning when playing games. In this paper, we explore gender differences in strategic sophistication and study whether these differences are endogenous. We report results from two different experiments employing the...
Persistent link: https://www.econbiz.de/10010754648
Persistent link: https://www.econbiz.de/10010357629
In this work we explore different scenarios for the reform of the Fondo de Compensación Interterritorial (FCI), which is a conditional grant from the state to the relatively poorer Spanish autonomous communities. To undertake the analysis we define the main elements of that vertical grant...
Persistent link: https://www.econbiz.de/10010992206
We propose an elementary theory of wars fought by fully rational contenders that features three of the main rationalist explanations for armed conflicts: uncertainty, commitment, and indivisibility. Two parties play a Markov game that combines stages of bargaining, where offers are made, with...
Persistent link: https://www.econbiz.de/10010317128
This paper studies gender differences in performance in a male-dominated competitive environment chess tournaments. We find that the gender composition of chess games affects the behaviors of both men and women in ways that worsen the outcomes for women. Using a unique measure of within-game...
Persistent link: https://www.econbiz.de/10014537017
While survey data supports a strong relationship between personality and labor market outcomes, the exact mechanisms behind this association remain unexplored. In this paper, we take advantage of a controlled laboratory set-up to test whether this relationship operates through productivity, and...
Persistent link: https://www.econbiz.de/10010398321
Participatory Democracy is a process of collective decision making that combines elements from both Direct and Representative Democracy: Citizens have the ultimate power to decide on policy and politicians assume the role of policy implementation. The aim of this paper is to understand how...
Persistent link: https://www.econbiz.de/10005369102
Proponents of proportional electoral rules often argue that majority rule depresses turnout and may lower welfare due to the “tyranny of the majority†problem. The present paper studies the impact of electoral rules on turnout and social welfare. We analyze a model of instrumental...
Persistent link: https://www.econbiz.de/10011161299