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Koessler, Frédéric - 2007

This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …

Persistent link: https://www.econbiz.de/10012778541

Transparency is Overrated : Communicating in a Coordination Game with Private Information

Cabrales, Antonio - 2018

We consider an experiment with a version of the Battle of the Sexes game with two-sided private information, allowing a possible round of either one-way or two-way cheap talk before the game is played. We compare different treatments to study truthful revelation of information and subsequent...

Persistent link: https://www.econbiz.de/10012928248

Implementation of Communication Equilibria by Correlated Cheap Talk : The Two-Player Case

Vida, Péter - 2011

We show that essentially every communication equilibrium of any finite Bayesian game with two players can be …

Persistent link: https://www.econbiz.de/10013128960

Pre-Play Communication with Forgone Costly Messages : Experimental Evidence on Forward Induction

Blume, Andreas - 2016

We experimentally study optional costly communication in Stag-Hunt games. Prior research demonstrates that efficient … coordination is difficult without a communication option but obtains regularly with mandatory costless pre-play messages. We find … that even small communication costs dramatically reduce message use when communication is optional, but efficient …

Persistent link: https://www.econbiz.de/10012986268

Per-Capita Income as a Determinant of International Trade and Environmental Policies

Markusen, James R. - 2017

International trade policy analysis has tended to focus on the production side of general equilibrium, with policies such as a tariff or carbon tax affecting international and internal income distributions through a Heckscher-Ohlin nexus of factor intensities and factor endowments. Here I move...

Persistent link: https://www.econbiz.de/10012973490

On the Optimality of Joint Taxation for Non-Cooperative Couples

Meier, Volker - 2010

We present a non-cooperative model of a family's time allocation between work and a home-produced public good, and examine whether the income tax should apply to couples or individuals. While tax-induced labor supply distortions lead to overprovision of the public good, spouses' failure to...

Persistent link: https://www.econbiz.de/10013139871

Taxation and Market Power

Konrad, Kai A. - 2010

, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to …

Persistent link: https://www.econbiz.de/10013149368

Cooperative and Non-Cooperative Equilibrium Consumption Taxes in the Presence of Cross-Border Pollution

Michael, Michael S. - 2013

We consider a two small open economies model with cross-border pollution that is generated from consumption. Within this framework we examine i) the non-cooperative equilibrium consumption taxes and compare them to when pollution is only local, ii) the cooperative equilibrium consumption taxes...

Persistent link: https://www.econbiz.de/10013072084

Rapacious Resource Depletion, Excessive Investment and Insecure Property Rights

van der Ploeg, Rick - 2013

countries with less secure property rights. The theory suggests that adjusted net saving estimates calculated by the World Bank …

Persistent link: https://www.econbiz.de/10013095003

When and How the Punishment Must Fit the Crime

Mailath, George J.; Nocke, Volker; White, Lucy - 2021

In repeated normal-form (simultaneous-move) games, simple penal codes (Abreu, 1986, 1988) permit an elegant characterization of the set of subgame-perfect outcomes. We show that the logic of simple penal codes fails in repeated extensive-form games. By means of examples, we identify two types of...

Persistent link: https://www.econbiz.de/10013315551