Showing 1 - 10 of 395
We consider implementation issues regarding two mechanisms that have been used to increase voter turnout in elections: fines and lotteries. We focus on the amount of the fine or lottery prize needed to achieve full participation. We then propose a combined, self-financing mechanism by which the...
Persistent link: https://www.econbiz.de/10010836139
Watson (2007) proposes non-forcing contracts as a way to show the limitations of the mechanism design program with ex-post renegotia- tion (Maskin and Moore (1999)). If one takes a partial implementation approach, as Watson does, we show that non-forcing contracts do not con- stitute an...
Persistent link: https://www.econbiz.de/10008562810
The experiment disentangles communication and social effect in face-to-face communication. The results question the previous interpretation of communication effects in ultimatum bargaining, and suggest that separate processes, both of a strategic and of an affective-social nature induce...
Persistent link: https://www.econbiz.de/10005416806
This paper proves the existence of non-empty cores for directed network problems with quotas and for those combinatorial allocation problems which permit only exclusive allocations.
Persistent link: https://www.econbiz.de/10005416809
This article considers a model of spatial competition where firms and consumers are located in a semicircular space rather than in the whole circle (Salop's model) or the linear city (Hotelling's model), under the assumptions of both, convex and concave, transportation costs. The paper tries to...
Persistent link: https://www.econbiz.de/10005416821
We consider one-to-one markets where workers can apply to a centralized procedure either alone or as a couple, in order to reach a core- stable matching of firms and workers. We impose stringent restrictions on the preferences of couples capturing the fact that spouses want to live in the same...
Persistent link: https://www.econbiz.de/10005416829
By a result of Pearce (1984), in a finite strategic form game, the set of a player's serially undominated strategies coincides with her set of rationalizable strategies. In this note we consider an extension of this result that applies to games with continuous utility functions that are...
Persistent link: https://www.econbiz.de/10005416841
This paper presents a sufficient condition for the quasi-acyclic condition. A game is quasi-acyclic if from any strategy profile, there exists a finite sequence of strict best replies that ends in a pure strategy Nash equilibrium. The best-reply dynamics must converge to a pure strategy Nash...
Persistent link: https://www.econbiz.de/10005416868
This note provides a generalization of the equal allocation of nonseparable costs (EANSC) on multi-choice games. Also, we extend to the multi-choice games case the complement reduced game and characterize the extended EANSC by means of related property of consistency.
Persistent link: https://www.econbiz.de/10005416896
The spatial voting approach is extended to account for the existence of a loyalty effect driving the choice of parties' platforms during elections. There emerges a non-linear relationship between these variable, whereby a party sticking to its historical heritage may lose to a rival more keen to...
Persistent link: https://www.econbiz.de/10005416912