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Menkveld, Albert J. - 2021

In statistics, samples are drawn from a population in a data-generating process (DGP). Standard errors measure the uncertainty in sample estimates of population parameters. In science, evidence is generated to test hypotheses in an evidence-generating process (EGP). We claim that EGP variation...

Persistent link: https://www.econbiz.de/10012696895

Strategic behavior with tight, loose and polarized norms

Dimant, Eugen; Gelfand, Michele J.; Hochleitner, Anna; … - 2023

distributions of behavior, focusing on the distinction between tight (i.e., characterized by low behavioral variance), loose (i ….e., characterized by high behavioral variance), and polarized (i.e., characterized by u-shaped behavior) environments. We find that … individuals indeed strongly respond to differences in the variance and shape of the descriptive norm they are facing: loose norms …

Persistent link: https://www.econbiz.de/10013494367

Strategic wage setting and coordination frictions with multiple applications

Gautier, Pieter (contributor); … - 2004

We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...

Persistent link: https://www.econbiz.de/10002514786

Long persuasion games

Forges, Françoise (contributor); … - 2006

This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication in persuasion games, i.e., games with an informed expert and an uninformed decisionmaker in which the expert's information is certifiable. The first equilibrium...

Persistent link: https://www.econbiz.de/10003301085

Incentive contracts and efficient unemployment benefits

Demougin, Dominique; Helm, Carsten - 2009

Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits have been an important aspect of these reforms. We analyze this issue in a principal-agent model, focusing on unemployment levels and labor productivity. In our model, a higher...

Persistent link: https://www.econbiz.de/10003850266

Optimal tariffs on exhaustible resources : the case of a quantity setting cartel

Fujiwara, Kenji; Long, Ngo Van - 2012

We formulate a dynamic game model of trade in an exhaustible resource with a quantity-setting cartel. We compute the feedback Nash equilibrium and two Stackelberg equilibria under two different leadership scenarios: leadership by the strategic importing country, and leadership by the exporting...

Persistent link: https://www.econbiz.de/10009488895

Centralized fiscal spending by supranational unions

Simon, Jenny; Valasek, Justin - 2013 - This version: June 28, 2013

We study fiscal spending by supranational unions, where participation is voluntary and countries bargain over contributions to and the allocation of a central budget. We explore the link between the allocation and nations ́contributions that occurs since bargaining power is endogenous, and...

Persistent link: https://www.econbiz.de/10009765517

Centralised labour market negotiations

Müller, Julia; Upmann, Thorsten - 2013

This paper contributes to the analysis of central vs. decentral (firm-level) labour market negotiations. We argue that during negotiations on a central scale employers and employees plausibly take output market effects into account, while they behave competitively during firm-level negotiations....

Persistent link: https://www.econbiz.de/10010210111

The strategic value of carbon tariffs

Böhringer, Christoph; Carbone, Jared C.; Rutherford, … - 2013 - This version: October 2013

Unilateral carbon policies are inefficient due to the fact that they generally involve emission reductions in countries with high marginal abatement costs and because they are subject to carbon leakage. In this paper, we ask whether the use of carbon tariffs - tariffs on the carbon embodied in...

Persistent link: https://www.econbiz.de/10010211482

Cooperative and non-cooperative equilibrium consumption taxes in the presence of cross-border pollution

Michael, Michael S.; Hatzipanayotou, Panos - 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/10010212652