Showing 1 - 10 of 1,323
This paper studies different rules in dissolving a common value partnership where one partner holds proprietary information. In winner's bid auction (WBA) and loser's bid auction (LBA), there exists a unique mixed strategy equilibrium. ``Payoff equivalence'' is established in the sense that...
Persistent link: https://www.econbiz.de/10015215136
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … evaluate differently the contested stake. Differently from common contest models, agents have the option of choosing a second … instrument to affect the outcome of the conflict. The second instrument is assumed to capture positive investments in ‘conflict …
Persistent link: https://www.econbiz.de/10015216354
through side payments or by establishing the lignite transfer price. Lack of cooperation and opportunism can lead to the …
Persistent link: https://www.econbiz.de/10015217436
concessions (capturing a kind of strong reciprocity) made by both agents can pave the way for cooperation. In such a case, the … extremely large there is no room for cooperation and a conflict trap emerges; (b) whenever the degree of asymmetry falls within …This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents …
Persistent link: https://www.econbiz.de/10015218624
concessions (capturing a kind of strong reciprocity) made by both agents can pave the way for cooperation. In such a case, the … extremely large there is no room for cooperation and a conflict trap emerges; (b) whenever the degree of asymmetry falls within …This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents …
Persistent link: https://www.econbiz.de/10015218720
analysis of information (and its deviations) to understand the dynamics of armed conflict at a local level …
Persistent link: https://www.econbiz.de/10015220204
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … clash in order to redistribute a divisible prize in their favour. Differently from common contest models agents have the … option of choosing a second instrument to affect the outcome of the conflict. The second instrument is assumed to capture a …
Persistent link: https://www.econbiz.de/10015220848
The aim of this paper is to interpret the relationships between information networks and the civil wars (Colombia). Over a period of paramilitary violence networks of informants were used with a strategic purpose. In fact, the paramilitaries were preparing each slaughter counting information...
Persistent link: https://www.econbiz.de/10015220986
Since the probability of finding a job is affected not only by individual effort but also by the aggregate state of the economy, designing unemployment insurance payments conditional on the business cycle could be valuable. This paper answers a fundamental question related to this issue: How...
Persistent link: https://www.econbiz.de/10015223344
This article proposes a reading of the armed conflict from an evolutionary design that takes into account the concept … of private protection agencies in the works of Schelling. Their aim is to assess the dynamics of conflict and changes … monitoring not only of the government and the authorities, but those investigating the conflict in the present tense. The author …
Persistent link: https://www.econbiz.de/10015227116