Showing 1 - 10 of 165
We study optimal wage schemes for teams, under the presence of budget constraints, in a model in which agents’ effort decisions are mapped into the probability of the team’s success. We show that (first-best) efficiency can only be attained with complex contracts that are vulnerable to ex...
Persistent link: https://www.econbiz.de/10009644868
Persistent link: https://www.econbiz.de/10003850919
Persistent link: https://www.econbiz.de/10008907366
We consider a model of local public goods in a random network context. The influence network determines (exogenously) who observes whom every period and comprises a wide array of options depending on the degree distribution and the in/out-degree correlations. We show that there exists a unique...
Persistent link: https://www.econbiz.de/10011657689
We study the benefits of doing volunteer work when seeking employment opportunities. We do so by sending 2000 fictitious curricula to a large online platform of job offers in the United States. Half of these curricula are randomly assigned volunteer activities. We find that people who do...
Persistent link: https://www.econbiz.de/10015223877
We consider a model of local public goods in a random network context. The influence network determines (exogenously) who observes whom every period and comprises a wide array of options depending on the degree distribution and the in/out-degree correlations. We show that there exists a unique...
Persistent link: https://www.econbiz.de/10011994633
We consider a model of local public goods in a random network context. The influence network determines (exogenously) who observes whom every period and comprises a wide array of options depending on the degree distribution and the in/out-degree correlations. We show that there exists a unique...
Persistent link: https://www.econbiz.de/10011788898
We consider a model of social interactions in which agents are assumed to acquire information from others through a certain sampling process that generates an influence network. These networks comprise a wide array of options depending on the level of correlation assumed between agents' in and...
Persistent link: https://www.econbiz.de/10011209926
This paper studies the problem of spreading a product (an idea or a technology) among agents in a social network. An agent obtains the product with a probability that depends on the spreading rate (or degree of contagion) of the product as well as on the behaviour of the agent?s neighbours. This...
Persistent link: https://www.econbiz.de/10005731226
We study a setting in which individual players choose their partners as well as a mode of behavior in 2 x 2 anti-coordination games -- games where a player's best response is to behave differently than the opponent. We characterize the nature of equilibrium networks as well as study the effects...
Persistent link: https://www.econbiz.de/10005731335