Showing 1 - 10 of 1,947
We consider collective decision problems given by a profile of single-peakedpreferences defined over the real line and a set of pure public facilities to be located on the line. In this context, Bochet and Gordon (2012) provide a large class of priority rules based on efficiency,...
Persistent link: https://www.econbiz.de/10010932905
Conflicts are likely less violent if individuals entertain the possibility that the opponent may be right. Why is it so difficult to observe this attitude? In this paper, we consider a game of conflict where two opponents fight in order to impose their preferred policy. Before entering the...
Persistent link: https://www.econbiz.de/10011003317
We examine project adoption decisions of firms constrained in the number of projects they can handle at once. Adoption requires a commitment for a period of uncertain duration, restricting the firm in subsequent periods. Capacity constraints create a “fear of commitment” — some positive...
Persistent link: https://www.econbiz.de/10011003524
We introduce a “nestedness” relation for a general class of sender-receiver games and compare equilibrium properties, in particular the amount of information transmitted, across games that are nested. Roughly, game is nested in game if the players’s optimal actions are closer in game. We...
Persistent link: https://www.econbiz.de/10011003720
We study mechanisms for selecting up to m out of n projects. Project managers’ private information on quality is elicited through transfers. Under limited liability, the optimal mechanism selects projects that maximize some function of the project’s observable and reported characteristics....
Persistent link: https://www.econbiz.de/10010756352
The government of the Euro area – the institutions, objectives and instruments of the regional area pooling together the monetary sovereignty of the 13 EU member states that share the euro – was obviously the blind spot in the otherwise animated negotiations of the sessions of the European...
Persistent link: https://www.econbiz.de/10011096549
The paper focuses on the innovative French broadband Internet industry that is characterised by inertia phenomena in terms of technology choice. We argue that although inertia on the supply side helps to explain the faster diffusion of ADSL, a more complete picture can be obtained when we...
Persistent link: https://www.econbiz.de/10011096550
In September 1957, the International Economic Association held a conference at The Hague on the “Economic Consequences of the Size of Nations”, which proceedings were published in 1960. Fifty years later, while the economic environment has dramatically changed, the issues put forward and...
Persistent link: https://www.econbiz.de/10011096551
The existence of costs to consumers to switch between products is central to the process by which firms set prices. Their effect on the introduction and diffusion of innovative technologies is not by now well understood, however. This paper aims to study this effect based on evidence in the...
Persistent link: https://www.econbiz.de/10011096552
In this paper, we try to point out some important weaknesses of the contemporary French socialeconomic model, focusing on relevant elements of comparison with Nordic countries. In doing so, we rely on the idea that large and small countries differ in terms of growth and governance strategies....
Persistent link: https://www.econbiz.de/10011096553