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To analyze strategic interaction which may induce externalities, we designed Bathroom Games with frequency-dependent stage payoffs. Two people regularly use a bathroom, before leaving they can either clean up the mess made, or not. Cleaning up involves an effort, so this option always gives a...
Persistent link: https://www.econbiz.de/10011503519
If civil war is a contest for popular support, why would a government ever embark on a policy of disproportionate force and mass killing? The logic of civilian defection expects such an approach to easily backfire, as civilians respond to massive losses by opposing the side that inflicted them....
Persistent link: https://www.econbiz.de/10014182653
This paper considers the eff ects of a two-period interaction on the decision of a principal to delegate authority to a potentially biased but better informed agent. Compared to the (repeated) one-period case, the agent's first period actions may also signal his type which in turn impacts wages...
Persistent link: https://www.econbiz.de/10014041476
This paper investigates the use of reputation in an economy where principals hire agents for two different kinds of tasks, in which the agents have differing aptitudes. Principal-agent matches are remade every period, but a principal can acquire some information on the past behavior of her...
Persistent link: https://www.econbiz.de/10014048046
By providing incentives for sellers to act in a trustworthy manner, reputation mechanisms in many online environments can mitigate moral-hazard problems when particular buyers and sellers interact infrequently. However, these mechanisms rely on buyers sharing their private information about...
Persistent link: https://www.econbiz.de/10014212262
This paper considers the effects of a two-period interaction on the decision of a principal to delegate authority to a potentially biased but better informed agent. Compared to the (repeated) one-period case, the agent's first period actions may also signal his type which in turn impacts wages...
Persistent link: https://www.econbiz.de/10014165946
In a framework with an upstream monopoly and a downstream duopoly, we analyze the impact of convex costs on the downstream level. In contrast to the case of constant marginal costs, vertical integration does not imply complete market foreclosure. While the non-integrated downstream firm receives...
Persistent link: https://www.econbiz.de/10014113777
This paper examines the mechanics of intertemporal information provision in dynastic governments. It has been suggested that "horizontal accountability," i.e., a system of governance where auditing functions lie outside the executive branch, can ensure credible disclosure of information. The...
Persistent link: https://www.econbiz.de/10014119415
This paper studies a sender-receiver game under sequential private experimentation, in which neither the experiments nor the amount of time spent are publicly observable. The uninformed sender persuades the receiver for a high reward by revealing experimental outcomes selectively. The experiment...
Persistent link: https://www.econbiz.de/10014076668
I study information disclosure as a means to create conflict. A sender has information about two parties' relative strength and seeks to keep them engaged in a war of attrition for as long as possible. In the unique Markov Perfect Equilibrium, the sender employs “shifting rhetoric”: she...
Persistent link: https://www.econbiz.de/10014079707