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Persistent link: https://www.econbiz.de/10009400033
<Para ID="Par1">We employ the theory of Bayesian potential games to characterize pure-strategy equilibria of a Bayesian game with finite type structures, taking into account the cost/benefit features of agents. Building on a standard model of oligopolistic competition also applicable to environmental issues...</para>
Persistent link: https://www.econbiz.de/10011240972
We derive analytic implicit form conditions for the qualitative analysis of government spending multipliers and the optimal level of government spending in presence of non-separability between private and public components of aggregate demand. Using the simplest neo-classical flexible price...
Persistent link: https://www.econbiz.de/10010846024
The aim of this paper is to study the role of the “common reason to believe” (Sugden in Philos Explor 16:165–181, <CitationRef CitationID="CR51">2003</CitationRef>) and the reduction of social distance within the theory of team reasoning. The analysis draws on data collected through a Traveler’s Dilemma experiment. To study the...</citationref>
Persistent link: https://www.econbiz.de/10010994730
The recent availability of cross-sectional and longitudinal survey data on life satisfaction in a large number of countries gives us the opportunity to verify empirically (and not just to assume) what matters for individuals and what economists and policymakers should take into account when...
Persistent link: https://www.econbiz.de/10010994736
The vote with the wallet is a new, emerging feature of economic participation and democracy in the globally integrated market economy. This expression identifies the pivotal role that responsible consumption and investment can play in addressing social and environmental emergencies which have...
Persistent link: https://www.econbiz.de/10010994737
Persistent link: https://www.econbiz.de/10010994742