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Persistent link: https://www.econbiz.de/10011956371
The decades-long history of friendly relationships in both countries bore the fruits in the form of the Pakistan–China free-trade agreement (PCFTA) in 2006. This paper aims to estimate Pakistan’s bilateral trade potential with China by employing the gravity model of trade in a panel data set...
Persistent link: https://www.econbiz.de/10013228322
The decades-long history of friendly relationship in both countries bore the fruits in the form of Pakistan-China free-trade agreement (PCFTA) in 2006. This paper aims to estimate Pakistan's bilateral trade potential with China by employing gravity model of trade in a panel data set covering the...
Persistent link: https://www.econbiz.de/10012023077
We experimentally explore public good production levels, and the endogenous formation of network structures to facilitate output sharing, among agents with heterogeneous production costs or valuations. Results corroborate the key theoretical insights of Kinateder & Merlino (2017) characterizing...
Persistent link: https://www.econbiz.de/10014357988
Using a laboratory experiment, we study the evolution of economic networks in the context of fragmented social identity. We create societies in which members can initiate and delete links to others, and then earn payoffs from a public goods game played within their network. We manipulate whether...
Persistent link: https://www.econbiz.de/10015135240
A principal (receiver) considers whether to accept a project whose total value depends on two aspects. In each period, an agent (sender) privately learns the value of one aspect with positive probability. We compare two common reporting protocols: frequent updating, which requires the sender to...
Persistent link: https://www.econbiz.de/10013242567
To enact a policy, a leader needs votes from committee members with heterogeneous opposition intensities. She sequentially offers transfers in exchange for votes. The transfers are either promises paid only if the policy passes or paid up front. With transfer promises, a vote costs nearly zero....
Persistent link: https://www.econbiz.de/10013222525
Persistent link: https://www.econbiz.de/10012583377
To enact a policy, a leader needs votes from committee members with heterogeneous opposition intensities. She sequentially offers transfers in exchange for votes. The transfers are either promises paid only if the policy is put to a vote or paid up front. With transfer promises, the leader buys...
Persistent link: https://www.econbiz.de/10012832737
Persistent link: https://www.econbiz.de/10013460279