Showing 1 - 10 of 10
This note corrects an analytical mistake of Jayaraman and Kanbur (1999) in their analysis of a Stackelberg game of the voluntary contribution to an international best-shot public good by a donor and a recipient. It shows that, depending on players' preferences, the donor may choose not to...
Persistent link: https://www.econbiz.de/10005094565
This note considers the effect of the cost of voting on voters' welfare and their incentive to reduce voting costs in a simple model in which two single-voter teams participate to win an election from two alternatives. When each voter''s benefit of winning is his private information but...
Persistent link: https://www.econbiz.de/10005094695
This paper considers a contest in which two identical players participate to compete for an indivisible prize. It is shown that, in the presence of incomplete information, the player favored by the status quo tie-breaking rule may be less likely to get the prize than his competitor, even though,...
Persistent link: https://www.econbiz.de/10005181901
This paper considers a voluntary contribution threshold game in which a group benefit is realized only if the number of contributors at least reaches a threshold level, and analyzes the effect of the threshold level on the likelihood that the group benefit is realized. Changes in the threshold...
Persistent link: https://www.econbiz.de/10005181914
This paper studies a producer's quality choice of an information good. The marginal cost of quality provision for the good is decreasing. The buyer does not observe the actual quality but can learn a signal which is the sum of quality and a noise. It shows that the producer has an incentive to...
Persistent link: https://www.econbiz.de/10005196421
This paper considers a voluntary contribution threshold game in which a group benefit is realized only if the number of contributors at least reaches a threshold level, and analyzes the effect of the threshold level on the likelihood that the group benefit is realized. Changes in the threshold...
Persistent link: https://www.econbiz.de/10010629523
This note corrects an analytical mistake of Jayaraman and Kanbur (1999) in their analysis of a Stackelberg game of the voluntary contribution to an international best-shot public good by a donor and a recipient. It shows that, depending on players' preferences, the donor may choose not to...
Persistent link: https://www.econbiz.de/10010629546
This note considers the effect of the cost of voting on voters' welfare and their incentive to reduce voting costs in a simple model in which two single-voter teams participate to win an election from two alternatives. When each voter''s benefit of winning is his private information but...
Persistent link: https://www.econbiz.de/10010629967
This paper considers a contest in which two identical players participate to compete for an indivisible prize. It is shown that, in the presence of incomplete information, the player favored by the status quo tie-breaking rule may be less likely to get the prize than his competitor, even though,...
Persistent link: https://www.econbiz.de/10008468817
This paper studies a producer's quality choice of an information good. The marginal cost of quality provision for the good is decreasing. The buyer does not observe the actual quality but can learn a signal which is the sum of quality and a noise. It shows that the producer has an incentive to...
Persistent link: https://www.econbiz.de/10008468821