Showing 1 - 10 of 135
Delinquents are embedded in a network of relationships. Social ties among delinquents are modeled by means of a graph where delinquents compete for a booty and benefit from local interactions with their neighbors. Each delinquent decides in a non-cooperative way how much delinquency effort he...
Persistent link: https://www.econbiz.de/10012763925
This paper studies whether structural properties of friendship networks affect individual outcomes in education. We first develop a model that shows that, at the Nash equilibrium, the outcome of each individual embedded in a network is proportional to her Katz-Bonacich centrality measure. This...
Persistent link: https://www.econbiz.de/10013324756
We analyse individuals' preferences vaccine-distribution schemes in the World, the EU, and their country of residence that emphasise circumstances rather than outcomes or effort. We link preferences to previously-measured cognition, and find that high-cognition individuals are 35% more likely to...
Persistent link: https://www.econbiz.de/10014356705
Over the past decade, organized labor has played a significant role in advocating for minimum wage increases. Why might this be, given that the minimum wage may act as a substitute for the bargaining power offered by labor unions? In this paper, we study the interplay between minimum wages and...
Persistent link: https://www.econbiz.de/10014358067
This study investigates a potential mechanism to promote coordination. With theoretical guidance using a belief-based learning model, we conduct a multi-period, binary-choice, and weakest-link laboratory coordination experiment to study the effect of gradualism – increasing the required levels...
Persistent link: https://www.econbiz.de/10012864867
We determine the scoring rule that is most likely to select a high-ability candidate. A major result is that neither the widely used plurality rule nor the inverse-plurality rule are ever optimal, and that the Borda rule is hardly ever optimal. Furthermore, we show that only the...
Persistent link: https://www.econbiz.de/10012929073
Smallholder agriculture in Sub-Saharan Africa is largely exposed to pervasive market failures, translating into missed opportunities and sub-optimal economic behavior. These failures can partly be traced to the importance of economies of scale in procuring inputs and marketing produce, where...
Persistent link: https://www.econbiz.de/10012822850
When groups face difficult problems, the voice of experts may be lost in the noise of others' contributions. We present results from a 'naturally noisy' setting, a large first-year undergraduate class, in which the 'expert's voice is lost' to such a degree that it is in fact optimal for all...
Persistent link: https://www.econbiz.de/10012826744
Despite empirical evidence that individuals form their fertility preferences by observing social norms and interactions in their environments, the exact impact of these peer effects remains unclear. We thus use data from the 2014 and 2016 China Labor-force Dynamics Survey to investigate the...
Persistent link: https://www.econbiz.de/10012828611
We conduct an experiment where subjects are matched in groups of three and vote on a moral transgression. Analyzing different voting rules, the frequency of votes for the moral transgression increases with the number of votes required for it. This effect persists when considering pivotal votes...
Persistent link: https://www.econbiz.de/10012830650