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We study a coordination problem where agents act sequentially. Agents are embedded in an observation network that allows them to observe the actions of their neighbors. We find that coordination failures do not occur if there exists a sufficiently large clique. Its existence is necessary and...
Persistent link: https://www.econbiz.de/10015226656
Land, labor, indigenous knowledge and institutional resources of producers in the Central Highlands of Ethiopia are investigated. Frequency distribution and comparative statistical analysis of the two regions with respect to these and other parameters suggest that in a situation where all...
Persistent link: https://www.econbiz.de/10015248729
This paper begins with a survey of the literature on the political economy approaches to labor income taxation. We focus on recent progress made by examining in detail the specific properties of non-linear taxes derived in the context of voting. Next, we present new results on the existence of...
Persistent link: https://www.econbiz.de/10015213424
I study a multi-sender signaling game between an uninformed decision maker and two senders with common private information and opposed interests. Senders can misreport information at a cost that is tied to the size of the misrepresentation. The main results concern the amount of information that...
Persistent link: https://www.econbiz.de/10015234852
This paper begins with a survey of the literature on the political economy approaches to labor income taxation. We focus on recent progress made by examining in detail the specific properties of non-linear taxes derived in the context of voting. Next, we present new results on the existence of...
Persistent link: https://www.econbiz.de/10015268758
This paper begins with a survey of the literature on the political economy approaches to labor income taxation. We focus on recent progress made by examining in detail the specific properties of non-linear taxes derived in the context of voting. Next, we present new results on the existence of...
Persistent link: https://www.econbiz.de/10015270442
This paper develops a theoretical model of cyberwarfare between nations, focusing on the factors that determine the severity and outcomes of cyber conflicts. We introduce a two-country model where nations invest in offensive or defensive cyber capabilities across networked systems. We show that...
Persistent link: https://www.econbiz.de/10015213647
This paper introduces the choice of identity characteristics, and, commitments to these characteristics, in a network formation model where links costs are shared. Players want to link to the largest group given that linking costs are decreasing (increasing) in commitments for same (different)...
Persistent link: https://www.econbiz.de/10015220979
This paper aims to explore the relevance of the Theory of Argumentation TA in the complex area of financial reporting … notable economic movement in Colombia. The financial communication is important to distinguish how to run the models of … prices. This paper is the first part and its purpose is to prepare from the Theory of Argumentation TA an application to the …
Persistent link: https://www.econbiz.de/10015221084
This paper develops a model of noncooperative network formation. Link formation is two-sided. Information flow is two-way. The paper is based on Bala and Goyal (2000) with the following difference in assumption: the value of information decays as it flows through each agent, and the decay is...
Persistent link: https://www.econbiz.de/10015230582