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Economic Uncertainty and Divisive Politics : Evidence from the 'dos Españas'

García-Uribe, Sandra; Mueller, Hannes; Sanz, Carlos - 2021

link between increasing uncertainty and the rise of divisive political issues at the time: socio-economic conflict …

Persistent link: https://www.econbiz.de/10013241934

Mass, Helene - 2018

I investigate the decision problem of a player in a game of incomplete information who faces uncertainty about the other players' strategies. I propose a new decision criterion which works in two steps. First, I assume common knowledge of rationality and eliminate all strategies which are not...

Persistent link: https://www.econbiz.de/10011946016

Uncertainty in Conflicts

Prada Sarmiento, Juan David - 2010

predictable movements in the conflict's dissipation. We focus on arbitrary contest success functions and arbitrary independent …-player rent-seeking contest model (Tullock, 1980) is extended to allow for privately known subjective values of the prize. The … conflict is modeled as a Bayesian game on which each player's valuation is drawn independently from arbitrary distributions. We …

Persistent link: https://www.econbiz.de/10013136257

Dissolving an ambiguous partnership

Oechssler, Joerg; Roomets, Alex - 2023

Two partners try to dissolve a partnership that owns an asset of ambiguous value, where the value is determined ex post by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining mechanisms: unstructured bargaining, the Texas shoot-out,...

Persistent link: https://www.econbiz.de/10014380287

Coalition-proof Ambiguous Mechanism

Guo, Huiyi - 2021

The paper studies when efficient allocations are implementable via coalition-proof mechanisms. When ambiguous mechanisms are allowed and agents are maxmin expected utility maximizers, we prove that all efficient allocations are implementable via interim coalition incentive compatible mechanisms...

Persistent link: https://www.econbiz.de/10013242607