Showing 1 - 10 of 68
We compare the performance of subjects in economic experiments run either in the lab or on a smartphone app.Behavior is similar across samples: participants respond essentially in the same way with respect to standard behavioral measures of risk aversion, effort, focus, cognitive ability,...
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The paper presents a model of network formation where every connected couple gives a contribution to the aggregate payoff, eventually discounted by their distance, and the resources are split between agents through the Myerson value. As equilibrium concept we adopt a refinement of pairwise...
Persistent link: https://www.econbiz.de/10010312600
Our societies are heterogeneous in many dimensions such as census, education, religion, ethnic and cultural composition. The links between individuals - e.g. by friendship, marriage or collaboration - are not evenly distributed, but rather tend to be concentrated within the same group. This...
Persistent link: https://www.econbiz.de/10010270941
We analyze a model of price competition á la Bertrand in a network environment. Firms only have a limited information on the structure of network: they know the number of potential customers they can attract and the degree distribution of customers. This incomplete information framework...
Persistent link: https://www.econbiz.de/10010270965
The best shot game applied to networks is a discrete model of many processes of contribution to local public goods. It has generally a wide multiplicity of equilibria that we refine through stochastic stability. In this paper we show that, depending on how we define perturbations, i.e. the...
Persistent link: https://www.econbiz.de/10010272469
In contrast with Apesteguia and Palacios-Huerta (2009), we provide laboratory evidence that strictly competitive environments are characterized by a second-mover advantage. This finding is obtained in a setting, a free-throw shooting competition among pairs of professional basket players, which...
Persistent link: https://www.econbiz.de/10010294783
We analyze a team formation process that generalizes matching models and network formation models, allowing for overlapping teams of heterogeneous size. We apply different notions of stability: myopic team-wise stability, which extends to our setup the concept of pair-wise stability, coalitional...
Persistent link: https://www.econbiz.de/10015242777
We investigate whether network closure in the supply chain can explain the heterogeneity observed in import premia. Using unique panel data on trade flows among beef farms in the Italian region of Piedmont, we analyze a purely sequential supply chain characterized by the co-existence of two...
Persistent link: https://www.econbiz.de/10011984596