Showing 1 - 10 of 479
analyzes a learning model with endogenous network formation in which people have different types and live in different regions …
Persistent link: https://www.econbiz.de/10011762816
endogenously formed interbank networks, however, less informative signals lead to higher network density and less synchronization … from observing the actions of peers. When the social belief is strong and the financial network is fragmented, banks follow …
Persistent link: https://www.econbiz.de/10010405430
Overbidding in sealed-bid second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we...
Persistent link: https://www.econbiz.de/10014476711
We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our treatments include markets with (a) complete cost symmetry and complete information, (b) slight cost asymmetry and complete information, and (c) varying cost asymmetries and...
Persistent link: https://www.econbiz.de/10014487322
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes. In equilibrium fairness matters because of market...
Persistent link: https://www.econbiz.de/10012587476
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes. In equilibrium fairness matters because of market...
Persistent link: https://www.econbiz.de/10012648091
realistic interbank networks that preserve important characteristics of the original interbank market. The method loads the most … probable links with the largest exposures consistent with the total lending and borrowing of each bank, leading to networks …
Persistent link: https://www.econbiz.de/10010249740
Persistent link: https://www.econbiz.de/10014321374
utilitity functions, where the matrices representing the network have dimension m × n. For connected directed bipartite networks …We investigate the cases when the Bonacich measures of strongly connected directed bipartite networks can be … are bilinear, the matrices of these bilinear forms represent the network, and strategies have norm at most one. Another …
Persistent link: https://www.econbiz.de/10012503054
We present a model for the dynamics of networks in which edges represent positions in organizations, holders of which … can be hired from the current network. In particular, it is possible that the further away a candidate is in the network … foundations of the search process are presented. An empirical application to a board interlock network demonstrates that the model …
Persistent link: https://www.econbiz.de/10012503069