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A brief discussion of recent methods using the Hat Matrix for identifying leverage points, and clustering techniques for finding groups of data points is presented. The problem of identifying leverage groups is addressed, and a heuristic algorithm for identifying both leverage points and...
Persistent link: https://www.econbiz.de/10012478937
model of team production where workers "trade tasks" to exploit their comparative advantage. In the model, social skills …
Persistent link: https://www.econbiz.de/10012457195
Kinship ties are a common institution that may facilitate in-group coordination and cooperation. Yet their benefits - or lack thereof - depend crucially on the broader institutional environment. We study how the prevalence of clan ties affect how communities confronted two well-studied...
Persistent link: https://www.econbiz.de/10014544693
Political leaders make policy choices which are often hard to explain via institutions. We use the behavior of Colombian paramilitary groups as an environment to study non-institutional sources of variation in how public good provision and violence are combined to control populations. We...
Persistent link: https://www.econbiz.de/10015072952
members, we use the team equilibrium solution concept to analyze these games, providing a framework for group strategic … decision-making under collective choice rules (Kim, et al. 2022). In a team equilibrium, group members have rational … to more or less bluffing and varying aggression compared to Perfect Bayesian Equilibrium. Our experiment varies game …
Persistent link: https://www.econbiz.de/10015195038
In polarized committees, majority voting disenfranchises the minority. Allowing voters to spend freely a fixed budget of votes over multiple issues restores some minority power. However, it also creates a complex strategic scenario: a hide-and-seek game between majority and minority voters that...
Persistent link: https://www.econbiz.de/10012456444
In an earlier paper (Blinder and Morgan, 2005), we created an experimental apparatus in which Princeton University students acted as ersatz central bankers, making monetary policy decisions both as individuals and in groups. In this study, we manipulate the size and leadership structure of...
Persistent link: https://www.econbiz.de/10012465259
Two laboratory experiments - one a statistical urn problem, the other a monetary policy experiment - were run to test … strikingly similar across the two experiments …
Persistent link: https://www.econbiz.de/10012470828
decision. We report results from lab experiments focused on such information-collection processes. We consider decisions …
Persistent link: https://www.econbiz.de/10012794585
reduces the variety of independent information sources. We report the results of two experiments, each studying two treatments … can choose to abstain. The first experiment follows a tightly controlled design planned for the lab; the second is a … experiments reach the same result: in both, delegation rates are unexpectedly high and higher than abstention rates, and LD …
Persistent link: https://www.econbiz.de/10013477287