Showing 1 - 10 of 18
We analyse committees of voters who take a decision between two options as a two- stage process. In a discussion stage, voters share non-verifiable information about a private signal concerning what is the best option. In a voting stage, votes are cast and one of the options is implemented. We...
Persistent link: https://www.econbiz.de/10010734313
Persistent link: https://www.econbiz.de/10010900690
Persistent link: https://www.econbiz.de/10010783706
Persistent link: https://www.econbiz.de/10010783713
We analyse committees of voters who take a decision between two options as a two- stage process. In a discussion stage, voters share non-verifiable information about a private signal concerning what is the best option. In a voting stage, votes are cast and one of the options is implemented. We...
Persistent link: https://www.econbiz.de/10010862559
Due to the high organic load, suspended solids presence, fats content, salinity, etc., cheese whey wastewater (CWW) disposal/management represents a complex issue from an environmental and engineering point of view. In this work, an alternative wastewater management option is suggested. The...
Persistent link: https://www.econbiz.de/10011047686
We study a setting in which imitative players are matched into pairs to play a Prisonerʼs Dilemma game. A well-known result in such setting is that under random matching cooperation vanishes for any interior initial condition. The novelty of this paper is that we consider partial rematching:...
Persistent link: https://www.econbiz.de/10011049880
We study a setting where imitative players are matched into pairs to play a Prisoners' Dilemma game. A well know result in such setting is that under random matching cooperation vanishes for any interior initial condition. The novelty of this paper is that we add a certain correlation to the...
Persistent link: https://www.econbiz.de/10004993628
We investigate learning in a setting where each period a population has to choose between two actions and the payoff of each action is unknown by the players. The population learns according to reinforcement and the environment is non-stationary, meaning that there is correlation between the...
Persistent link: https://www.econbiz.de/10005744301
We model the formation of friendships as repeated cooperation within a set of heterogeneous players. The model builds around three of the most important facts about friendship: friends help each other, there is reciprocity in the relationship and people usually have few friends. In our results...
Persistent link: https://www.econbiz.de/10005557728