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costly efforts. Allowing intra-group communication leads to more aggressive competition and greater coordination than control … treatments without any communication. On the other hand, allowing inter-group communication leads to less destructive competition …
Persistent link: https://www.econbiz.de/10015240015
Within-group communication in competitive coordination games has been shown to increase competition between groups and … communication, it leads to more aggressive competition and lower efficiency relative to the case when neither group can communicate …
Persistent link: https://www.econbiz.de/10015249654
Within-group communication in competitive coordination games has been shown to increase competition between groups and … communication, it leads to more aggressive competition and lower efficiency relative to the case when neither group can communicate …
Persistent link: https://www.econbiz.de/10015254925
Implementing a project, like a nationwide nuclear waste disposal, which benefits all involved agents but brings major costs only to the host is often problematic. In practice, revelation issues and redistributional concerns are significant obstacles to achieving stable agreements. We address...
Persistent link: https://www.econbiz.de/10015216675
Starting from analyzing the use of goods, this paper discussed the Non-excludability and Non-rivalry characteristics of the goods in four assumed occasions based on different using methods and directions among users. It holds that Non-excludability and Non-rivalry are neither the objective...
Persistent link: https://www.econbiz.de/10015217248
Both peer-to-peer punishments and rewards can be effective in increasing cooperation in dilemma situations. We follow Kamei’s experimental design [2014, Economics Letters 124, pp.199-202], except we use a reward option instead of a punishment one. Consistent with Kamei (2014), decisions to...
Persistent link: https://www.econbiz.de/10015228327
The equivalence of markets and games concerns the relationship between two sorts of structures that appear fundamentally different -- markets and games. Shapley and Shubik (1969) demonstrates that: (1) games derived from markets with concave utility functions generate totally balanced games...
Persistent link: https://www.econbiz.de/10015228856
I propose a multi-region fiscal bargaining model, where country border stability is determined by a trade-off between preference heterogeneity, income inequality and scale economies in the provision of public policy. I demonstrate how increasing preference heterogeneity can actually increase...
Persistent link: https://www.econbiz.de/10015212846
We present a costly voting model in which each voter has a private valuation for their preferred outcome of a vote. When there is a zero cost to voting, all voters vote and hence all values are counted equally regardless of how high they may be. By having a cost to voting, only those with high...
Persistent link: https://www.econbiz.de/10015220839
We examine an environment with n voters each with a private value over two alternatives. We compare the social surplus of two mechanisms for deciding between them: majority voting and shouting. In majority voting, the choice with the most votes wins. With shouting, the voter who shouts the...
Persistent link: https://www.econbiz.de/10015221247