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Meisner, Vincent; von Wangenheim, Jonas - 2021

Evidence suggests that participants in direct student-proposing deferred-acceptance mechanisms (DA) play dominated strategies. To explain the data, we introduce expectation-based loss aversion into a school-choice setting and characterize choice-acclimating personal equilibria in DA. We find...

Persistent link: https://www.econbiz.de/10012799779

The ex ante incentive compatible core in exchange economies with and without indivisibilities

Forges, Françoise - 2006

The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a socially designed characteristic function, which expresses the fact that coalitions allocate goods by means of random incentive compatible mechanisms. We first survey some results in...

Persistent link: https://www.econbiz.de/10010273735

Overcoming Time Inconsistency with a Matched Bet : Theory and Evidence from Exercising

Woerner, Andrej - 2022

This paper introduces the matched-bet mechanism. The matched bet is an easily applicable and strictly budget-balanced mechanism that aims to help people overcome time-inconsistent behavior. I show theoretically that offering a matched bet helps both sophisticated and naive procrastinators to...

Persistent link: https://www.econbiz.de/10013308244

Matching as a cure for underprovision of voluntary public good supply: Analysis and an example

Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - 2011

Matching mechanisms are regarded as an important instrument to bring about Pareto optimal allocations in a public good … interior matching equilibrium, however, emerges only under very special conditions. But we show in this note that corner …

Persistent link: https://www.econbiz.de/10010274970

Potentially harmful international cooperation on global public good provision

Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - 2012

-called matching approaches. Matching schemes are regarded as providing a promising approach to overcome undersupply of public goods … like climate protection. The functioning of matching mechanisms in a setting with an incomplete agreement, i.e. a contract … by analyzing incomplete matching agreements in the context of international climate protection. We analyse their effect …

Persistent link: https://www.econbiz.de/10010283595

Group Identity and Belief Formation: A Decomposition of Political Polarization

Bauer, Kevin; Chen, Yan; Hett, Florian; Kosfeld, Michael - 2023

How does group identity affect belief formation? To address this question, we conduct a series of online experiments with a representative sample of individuals in the US. Using the setting of the 2020 US presidential election, we find evidence of intergroup preference across three distinct...

Persistent link: https://www.econbiz.de/10014469838

School Choice and Loss Aversion

Meisner, Vincent; Wangenheim, Jonas von - 2021

Persistent link: https://www.econbiz.de/10013310767

A stochastic multiple players multi-issues bargaining model for the Piave river basin

Sgobbi, Alessandra; Carraro, Carlo - 2007

The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of …

Persistent link: https://www.econbiz.de/10010264274

Stable Matching on the Job? Theory and Evidence on Internal Talent Markets

Cowgill, Bo; Davis, Jonathan M. V.; Montagnes, B. Pablo; … - 2024

their match. We study two prevalent approaches for matching within organizations: Centralized assignment by firm leaders and …

Persistent link: https://www.econbiz.de/10014574283

Competitive rational expectations equilibria without apology

Kovalenkov, Alexander; Vives, Xavier - 2008

In a standard financial market model with asymmetric information with a finite number N of risk-averse informed traders, competitive rational expectations equilibria provide a good approximation to strategic equilibria as long as N is not too small: equilibrium prices in each situation converge...

Persistent link: https://www.econbiz.de/10010264474