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Kim, Duk Gyoo; Min, Daehong; Wooders, John - 2022

This paper examines the usefulness of Kalai (2020)’s measure of the viability of Nash equilibrium. We experimentally study a class of participation games, which differ in the number of players, the success threshold, and the payoff to not participating. We find that Kalai’s measure captures...

Persistent link: https://www.econbiz.de/10014077192

Strategic Investment Decisions in Multi-Stage Contests with Heterogeneous Players

Deutscher, Christian - 2019

We study strategic investment decisions in multi-stage contests with heterogeneous players. Our theoretical model of a round-robin rank-order tournament predicts that players conserve resources in a current contest to spend more in the subsequent contest if the degree of heterogeneity in the...

Persistent link: https://www.econbiz.de/10012892111

All Symmetric Equilibria in Differential Games with Public Goods

Jaakkola, Niko - 2020

We characterise the entire set of symmetric stationary Markov-perfect Nash equilibria (MPE) in a differential game of public good investment, using the canonical problem of climate change as an example. We provide a sufficient and necessary condition for MPE and show how the entire set of MPE is...

Persistent link: https://www.econbiz.de/10012834996

"A Game-Theoretic Analysis of Childhoof Vaccination Behavior : Nash Versus Kant"

De Donder, Philippe; Llavador, Humberto; Penczynski, Stefan - 2022

Whether or not to vaccinate one’s child is a decision that a parent may approach in several ways. The vaccination game, in which parents must choose whether to vaccinate a child against a disease, is one with positive externalities (herd immunity). In some societies, not vaccinating is an...

Persistent link: https://www.econbiz.de/10013308109

Globalization, Fertility and Marital Behavior in a Lowest-Low Fertility Setting

Giuntella, Osea; Rotunno, Lorenzo; Stella, Luca - 2022

Using longitudinal data from the German Socio-Economic Panel, we analyze the effects of exposure to globalization on the fertility and marital behavior in Germany, until recently a lowest-low fertility setting. We find that exposure to greater import competition from Eastern Europe led to worse...

Persistent link: https://www.econbiz.de/10014083325

Marriage Market Equilibrium, Qualifications, and Ability

Anderberg, Dan - 2019

We study marital sorting on academic qualifications and latent ability in an equilibrium marriage market model using … marriage market, and affected marital outcomes of individuals whose qualification attainment were unaffected. We also decompose … the difference in marriage probabilities between unqualified individuals and those with basic qualifications into causal …

Persistent link: https://www.econbiz.de/10012889233

Long-Term Changes in Married Couples' Labor Supply and Taxes : Evidence from the Us and Europe Since the 1980s

Bick, Alexander - 2019

We document the time-series of employment rates and hours worked per employed by married couples in the US and seven European countries (Belgium, France, Germany, Italy, the Netherlands, Portugal, and the UK) from the early 1980s through 2016. Relying on a model of joint household labor supply...

Persistent link: https://www.econbiz.de/10012892310

Robots, Marriageable Men, Family, and Fertility

Anelli, Massimo; Giuntella, Osea; Stella, Luca - 2021

relative prospects of men may reduce their marriage-market value and affect marital and fertility behavior …

Persistent link: https://www.econbiz.de/10013322784

Male Investment in Schooling with Frictional Labour and Marriage Markets

Bonilla, Roberto - 2020

We present an equilibrium model with inter-linked frictional labour and marriage markets. Women's flow value of being … sequential job search, and can choose to improve their labour market returns as well as their marriage prospects by under …

Persistent link: https://www.econbiz.de/10012847076

Marriage and Divorce : The Role of Labor Market Institutions

Schulz, Bastian - 2020

Marriage and divorce decisions are influenced by the institutional environment they are made in. One example is the … quantify the importance of household-level insurance for marriage and divorce by exploiting an exogenous increase in the need …

Persistent link: https://www.econbiz.de/10012824595