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This paper studies the effect of endogenous group formation on the outcome in two types of coordination games with multiple Pareto-ranked equilibria. Endogenous group formation means that in each period players are free to choose among two or more groups within which they want to play the...
Persistent link: https://www.econbiz.de/10010267615
differences between individuals and teams using the experience weighted attraction learning model. …
Persistent link: https://www.econbiz.de/10010268555
When group outcomes depend on minimal effort (e.g., disease containment, work teams, or indigenous hunt success), a classic coordination problem exists. Using a well-established paradigm, we examine how a common cognitive state (insufficient sleep) impacts coordination outcomes. Our data...
Persistent link: https://www.econbiz.de/10012269920
This paper studies the effect of endogenous group formation on the outcome in two types of coordination games with multiple Pareto-ranked equilibria. Endogenous group formation means that in each period players are free to choose among two or more groups within which they want to play the...
Persistent link: https://www.econbiz.de/10005761696
differences between individuals and teams using the experience weighted attraction learning model. …
Persistent link: https://www.econbiz.de/10005703430
The increasing use of online labour platforms as intermediaries for finding work – known as crowdwork or gig work – is a new form of 'hybrid' (solo)self-employment that hinges on the borders of dependent and self-employment. In this study we use a novel international dataset of online...
Persistent link: https://www.econbiz.de/10013351883
We examine how informational frictions impact schooling and work outcomes. To do so, we estimate a dynamic structural model where individuals face uncertainty about their academic ability and productivity, which respectively determine their schooling utility and wages. Our framework accounts for...
Persistent link: https://www.econbiz.de/10014469773
district-level data on the incidence of various types of crime with a nationally representative survey on learning achievement … the crime-learning gradient. We show that an increase in violent crime is associated with lower achievement in reading and … math, while non-violent crimes have no discernible correlation with learning outcomes. The effects are short-lived, driven …
Persistent link: https://www.econbiz.de/10014567586
In this paper we test the Rational Expectations hypothesis using longitudinal data on expectations and realizations of individual welfare for East Germans in the years following reunification. German reunification was unexpected and delivered a large shock to the future prospects of the...
Persistent link: https://www.econbiz.de/10010262741
Economists traditionally tackle normative problems by computing optimal policy, i.e. the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented, until no further improvement is feasible. I...
Persistent link: https://www.econbiz.de/10010262772