Showing 1 - 8 of 8
We model a situation in which two players bargain over two pies, one of which can only be consumed starting at a future date. Suppose the players value the pies asymmetrically: one player values the existing pie more than the future one, while the other player has the opposite valuation. We show...
Persistent link: https://www.econbiz.de/10010702848
Voters in India are often perceived as being biased in favor of parties that claim to represent their caste. We incorporate this caste bias into voter preferences and examine its influence on the distributive policies and corruption practices of the two major political parties in the North...
Persistent link: https://www.econbiz.de/10011160768
We show how to minimize the probability of misclassifying individuals as being poor or not poor when data on some of their relevant attributes are missing, but an estimate of the population distribution of attributes is available.
Persistent link: https://www.econbiz.de/10011263437
Some scholars known as <italic>offensive realists</italic> claim that in the uncertainty of world politics, trust and cooperation between states is extremely unlikely. Others, such as <italic>defensive realists</italic>, claim that rational states are capable of finding ways to counteract the complications created by...
Persistent link: https://www.econbiz.de/10010990844
We model a situation in which two countries are involved in a dispute. The dispute can end in a peaceful settlement, or it can escalate to war. If it is common knowledge that the countries are strategically rational, then the only equilibrium outcome of the model is peace. If, on the other hand,...
Persistent link: https://www.econbiz.de/10010941705
This paper studies negotiations between two parties whose political power changes over time. The model has a unique subgame perfect equilibrium, which becomes very tractable when parties can make offers frequently. This tractability facilitates studying how changes in political power affect...
Persistent link: https://www.econbiz.de/10011133703
I study a bilateral bargaining game in which the size of the surplus follows a stochastic process and in which players might be optimistic about their bargaining power. Following Yildiz (2003), I model optimism by assuming that players have different beliefs about the recognition process. I show...
Persistent link: https://www.econbiz.de/10010603332
Persistent link: https://www.econbiz.de/10010054005