Showing 1 - 5 of 5
confines a discussion of the usefulness of the notion to coordination problems and when bargaining experiments result in …
Persistent link: https://www.econbiz.de/10005137014
A simultaneous pooled auction with multiple bids and preference lists is a way to auction multiple objects, in which bidders simultaneously express a bid for each object and a preference ordering over which object they would like to get in case they have the highest bid on more than one object....
Persistent link: https://www.econbiz.de/10005137312
In this paper, I study the wage a firm sets to attract high ability workers (hipo's) in situations of unemployment. I show that the higher unemployment, the larger a firm's incentives to sort high and low ability workers. Moreover, workers will signal their (high) ability in situations of (high)...
Persistent link: https://www.econbiz.de/10005209524
In this paper I study conditions for the emergence of cooperative behavior in a dynamic model of population interaction. The model has finitely many individuals located on a circle. The pay- off of each individual is partly based on the (local) interaction with neighbors and partly on (uniform)...
Persistent link: https://www.econbiz.de/10005144493
neither. We show that two types of signalling equilibria are possible. Both are characterised by dispersion and Pareto …
Persistent link: https://www.econbiz.de/10005136872