Showing 1 - 10 of 12,553
A simple two-stage game-theoretic model of conflict is analysed, where the government can send raiders for terrorising the population to flee before the fighting proper begins. The resulting displacement of population reduces the efficiency of the guerrilla in the fight against the government....
Persistent link: https://www.econbiz.de/10010279330
Imagine a region suffering from a widening income gap that becomes eligible for a generous transfer programme (the treatment). Imagine difference-in-differences analysis (DD) — a before-and-after comparison of the income-level difference — shows that the handicap has risen. Most observers...
Persistent link: https://www.econbiz.de/10011798011
Imagine an impoverished region that becomes eligible for a generous transfer programme (the treatment). Imagine difference-in-differences analysis (DiD)-a before-and-after comparison of the income-level handicap-shows that the handicap has risen. Most observers would conclude to the policy's...
Persistent link: https://www.econbiz.de/10011650367
We consider the possibility of estimating a Dickey-Fuller regression, constraining the autoregressive parameter to be at most one, and imposing prior knowledge of the sign of the drift parameter. ...
Persistent link: https://www.econbiz.de/10005869059
Economists have a long tradition in identifying the evolution of cooperation in large, unstructured societies as a puzzle. We suggest a new explanation for cooperation which avoids restrictions of most previous attempts. Our explanation deals with the role of internalized norms for cooperation...
Persistent link: https://www.econbiz.de/10010483272
In this paper, we develop a new model of a static game of incomplete information with a large number of players. The model has two key distinguishing features. First, the strategies are subject to threshold effects, and can be interpreted as dependent censored random variables. Second, in...
Persistent link: https://www.econbiz.de/10011297621
In various economic environments, people observe other people with whom they strategically interact. We can model such information‐sharing relations as an information network, and the strategic interactions as a game on the network. When any two agents in the network are connected either...
Persistent link: https://www.econbiz.de/10012315708
For 1990-2019, this study presents two-step GMM estimates of EU members' demands for defense spending based on alternative spatial-weight matrices. In particular, EU spatial connectivity is tied to EU membership status, members' contiguity, contiguity and power projection, inverse distance, and...
Persistent link: https://www.econbiz.de/10012432602
We empirically model performance in the final round of a multiple-round tournament as a spatially autoregressive process, allowing us to sign and quantify the endogenous interactions between competitors. Doing so speaks to significant regularities in the data that suggest that a player's own...
Persistent link: https://www.econbiz.de/10012776336
Persistent link: https://www.econbiz.de/10000816850