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Since the work of Downs (1957), spatial models of elections have been a mainstay of research in political science and public choice. Despite the plethora of theoretical and empirical research involving spatial models, researchers have not considered in great detail the complexity of the decision...
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We investigate how strongly the local environment beyond the family can contribute to understanding the formation of children's economic preferences. Building on precise geolocation data for around 6.000 children, we use fixed effects, spatial autoregressive models and Kriging to capture the...
Persistent link: https://www.econbiz.de/10015427427
We investigate how strongly the local environment beyond the family can contribute to understanding the formation of children's economic preferences. Building on precise geolocation data for around 6.000 children, we use fixed effects, spatial autoregressive models and Kriging to capture the...
Persistent link: https://www.econbiz.de/10015427316
We investigate how strongly the local environment beyond the family can contribute to understanding the formation of children's economic preferences. Building on precise geolocation data for around 6000 children, we use fixed effects, spatial autoregressive models and Kriging to capture the...
Persistent link: https://www.econbiz.de/10015426570
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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, and a K + 1 auction. We find that the K +1 auction is the most e¢ cient … mechanism, which is in line with theory. Free format bargaining yields a surprising number of disagreements, which are not …
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