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Information-constrained coordination of economic behavior
Aridor, Guy; Silveira, Rava Azeredo da; Woodford, Michael - 2024
We analyze a coordination game with information-constrained players. The players' actions are based on a noisy … environment. We apply our model to the coordination game in the experiment of Frydman and Nunnari (2023), and show that it offers …
Persistent link: https://www.econbiz.de/10014469169
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Prussia disaggregated : the demography of its universe of localities in 1871
Becker, Sascha O.; Cinnirella, Francesco - 2020
, villages, and manors in 1871 Prussia. We study religion, literacy, fertility, and group segregation by location type (town … denomination, whereas towns are less segregated. Yet, we find relatively lower levels of segregation by literacy. Regression …
Persistent link: https://www.econbiz.de/10012213131
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Legalization and long-term outcomes of immigrant workers
Deiana, Claudio; Giua, Ludovica; Nisticò, Roberto - 2024
formal sector a decade later, are subject to more severe ethnic segregation on the job and display less linguistic …
Persistent link: https://www.econbiz.de/10014505371
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Market segregation in the presence of customer discrimination
Amegashie, J. Atsu - 2023
sexist) majority group of customers. There exists a Nash equilibrium with full segregation in which a low-price firm serves …
Persistent link: https://www.econbiz.de/10014284743
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Reciprocity networks and the participation problem
Dufwenberg, Martin; Patel, Amrish - 2014
private provision of public goods. We examine whether reciprocity can resolve the associated coordination problem. The …
Persistent link: https://www.econbiz.de/10010383392
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Transparency is overrated : communicating in a coordination game with private information
Cabrales, Antonio; Drouvelis, Michalis; Gurguc, Zeynep; … - 2017
higher payoffs in the game when the talk is one-way as the truthful reports facilitate desired coordination. …
Persistent link: https://www.econbiz.de/10011761639
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Cognitive imprecision and strategic behavior
Frydman, Cary; Nunnari, Salvatore - 2021
perceive a fundamental parameter with noise. We focus on 2 x 2 coordination games, which generate multiple equilibria when …
Persistent link: https://www.econbiz.de/10012698826
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Free neighborhood choice boosts socially optimal outcomes in stag-hunt coordination problem
Riedl, Arno; Rohde, Ingrid M. T.; Strobel, Martin - 2021
coordination. In a fixed interaction treatment, a vast majority of subjects quickly coordinates on the inefficient outcome. In a …
Persistent link: https://www.econbiz.de/10012506919
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Provision of a public good with altruistic overlapping generations and many tribes
Karp, Larry S. - 2012
Intergenerational altruism and contemporaneous cooperation are both important to the provision of long-lived public goods. Equilibrium climate protection may depend more sensitively on either of these considerations, depending on the type of policy rule one examines. This conclusion is based on...
Persistent link: https://www.econbiz.de/10009571754
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An economic model of the Covid-19 epidemic : the importance of testing and age-apecific policies
Brotherhood, Luiz Mário; Kircher, Philipp; Santos, Cézar - 2020
This paper investigates the role of testing and age-composition in the Covid-19 epidemic. We augment a standard SIR epidemiological model with individual choices regarding how much time to spend working and consuming outside the house, both of which increase the risk of transmission. Individuals...
Persistent link: https://www.econbiz.de/10012219674