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likelihood ratio distribution functions differ by a mean preserving spread. The latter result is applied to questions of contest …
Persistent link: https://www.econbiz.de/10010263144
information. We analyze an innovation contest in which research firms have a stochastic technology to develop innovations at a …
Persistent link: https://www.econbiz.de/10010293366
likelihood ratio distribution functions differ by a mean preserving spread. The latter result is applied to questions of contest …
Persistent link: https://www.econbiz.de/10004989629
information. We analyze an innovation contest in which research firms have a stochastic technology to develop innovations at a …
Persistent link: https://www.econbiz.de/10008676566
information on the surplus created. Recent field experiments, however, suggest that trust and reciprocity may be lower or absent … information in a “bilateral gift exchange” setting. We find that trust and reciprocity have a significant positive effect on wages …
Persistent link: https://www.econbiz.de/10010263092
information on the surplus created. Recent field experiments, however, suggest that trust and reciprocity may be lower or absent … information in a “bilateral gift exchange” setting. We find that trust and reciprocity have a significant positive effect on wages …
Persistent link: https://www.econbiz.de/10004968462
standard legitimization of redistribution as fundamental insurance and interpret it as stemming from a principle of reciprocity …, constitutions help to solve coordination problems, not cooperation problems. …
Persistent link: https://www.econbiz.de/10010317669
resources in the contest and the dilution of incentives to produce as a result of the existens of externalities in the conflict … rights is costly. Two agents engage in a common-pool contest and two types of potential distortions arise: the waste of …
Persistent link: https://www.econbiz.de/10010263060
antagonistic lobbying constitutes a contest among the bureaucrats. This paper characterizes the Nash equilibria in lobbying and …
Persistent link: https://www.econbiz.de/10010263072
antagonistic lobbying constitutes a contest among the bureaucrats. This paper characterizes the Nash equilibria in lobbying and …
Persistent link: https://www.econbiz.de/10004968363