Showing 1 - 10 of 193
This paper presents an experimental investigation of persuasion bias, a form of bounded rationality whereby agents communicating through a social network are unable to account for possible repetitions in the information they receive. The results indicate that network structure plays a...
Persistent link: https://www.econbiz.de/10013093456
This paper analyzes the contribution of youth's different time allocations to positive behaviours in exchanges. In particular the psychological literature states that spending time within youth voluntary organizations fosters positive development of the young more than hanging out with friends....
Persistent link: https://www.econbiz.de/10012707047
We review the vast literature on social preferences by assessing what is known about their fundamental properties, their distribution in the broader population, and their consequences for important economic and political behaviors. We provide, in particular, an overview of the empirically...
Persistent link: https://www.econbiz.de/10014344510
We review the vast literature on social preferences by assessing what is known about their fundamental properties, their distribution in the broader population, and their consequences for important economic and political behaviors. We provide, in particular, an overview of the empirically...
Persistent link: https://www.econbiz.de/10014286648
We set up a model of costly information production between two lobbies, a firm and a consumer group, competing for influence over an imperfectly informed but benevolent government. The government is endowed with a parametric amount of information and chooses the best policy from a finite,...
Persistent link: https://www.econbiz.de/10014000788
Since the fall of the Berlin wall in 1989, the success of the former Soviet Bloc countries to attract foreign direct investment (FDI) has been mixed. The objective of this paper is to capture the strategic interdependence between investment decisions by foreign firms and reform decisions by host...
Persistent link: https://www.econbiz.de/10014051944
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We focus on games where players may bargain by promising or demanding transfer payments when forming links. We examine several variations of the transfer/bargaining aspect of link...
Persistent link: https://www.econbiz.de/10011324957
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We focus on games where players may bargain by promising or demanding transfer payments when forming links. We examine several variations of the transfer/bargaining aspect of link...
Persistent link: https://www.econbiz.de/10005392531
There are many situations in which a customer's proclivity to buy the product of any firm depends not only on the classical attributes of the product such as its price and quality, but also on who else is buying the same product. We model these situations as games in which firms compete for...
Persistent link: https://www.econbiz.de/10005593259
Persistent link: https://www.econbiz.de/10002154868