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The main thesis of this paper is that Schelling's empiricism is deeply grounded in the assumption of player heterogeneity. He peoples games with real individuals and consequently postulates that there are differences in roles or identities among them. The subjects populating Schelling's thought...
Persistent link: https://www.econbiz.de/10005462929
This paper compares outsourcing processes in France, Italy and Japan in two types of firms, large firms and also small firms. It is shown that outsourcing has increased over the last two decades in both small and large firms in all three countries and that mainly in the last decade the tendency...
Persistent link: https://www.econbiz.de/10004974518
Persistent link: https://www.econbiz.de/10011120883
This paper provides evidence from a field experiment on the effect of psychological pressure in competitive environments. In our experiment, we analyze a setup of sequential tournaments, in which participants are matched in pairs and experience a kind of pressure that, as in most real world...
Persistent link: https://www.econbiz.de/10010729998
We evaluate the impact of timing on decision outcome, when both the timing and the relevant decision are chosen under uncertainty. Betting markets provide the testing ground, as we exploit an original dataset containing more than one million online bets on games of the Italian Major Soccer...
Persistent link: https://www.econbiz.de/10010900757
Persistent link: https://www.econbiz.de/10010902927
The paper analyzes the case of Belgium to provide insight into the relationships among ethnic heterogeneity, voting participation and local economic growth. We find that heterogeneity, and external and internal mobility reduce immigrants’ voting participation, while we do not find support for...
Persistent link: https://www.econbiz.de/10010857760
The theory of drift (Binmore and Samuelson 1999) concerns equilibrium selection in which second-order disturbances may have first-order effects in the emergence of one equilibrium over the other. We provided experimental evidence with human players supporting the model in Caminati, Innocenti and...
Persistent link: https://www.econbiz.de/10010835981
In this paper we compare - in the laboratory - stoppage and virtual strike. Our experiment confirms that higher wages offered by an employer lead to considerably more costly effort provision. The number of strikes, the level of efforts and average total payoffs are higher under virtual strike...
Persistent link: https://www.econbiz.de/10005017523
We provide experimental evidence to Binmore and Samuelson’s (1999) insights for modeling the learning process through which equilibrium is selected. They proposed the concept of drift to describe the effect of perturbations on the dynamic process leading to equilibrium in evolutionary games...
Persistent link: https://www.econbiz.de/10005766458