Showing 1 - 10 of 170
Although much of the theoretical literature on ambiguity works under the assumption of uncertainty aversion …
Persistent link: https://www.econbiz.de/10012266826
This paper reports on the results of a series of experimental laboratory elections. The novelty of the design allows me to study both coordination failures and coordination efficiency in a repeated-game, divided majority setting. I assess and compare the performance of three voting mechanisms,...
Persistent link: https://www.econbiz.de/10013032662
The goal of this paper is to draw some lessons for economic theory from research in psychology, social psychology and, more briefly, in biology, which purports to explain the formation of social preferences. We elicit the basic mechanisms whereby a variety of social preferences are determined in...
Persistent link: https://www.econbiz.de/10014023676
This paper evaluates the effects of statistical information on the propensity to favor a specific group of recipients when allocating a scarce public resource. We refer to scarce resource with reference to the COVID-19 emergency: allocation of the first round of vaccine and the allocation of...
Persistent link: https://www.econbiz.de/10013309966
We propose and axiomatically characterize a representation of ambiguity sensitive preferences. The distinguishing … maker exhibits a consistent tradeoff between risk and ambiguity concerns. Under our representation of her preferences, any … ambiguity. …
Persistent link: https://www.econbiz.de/10010491097
Persistent link: https://www.econbiz.de/10009545824
Persistent link: https://www.econbiz.de/10011525334
Persistent link: https://www.econbiz.de/10012039251
Persistent link: https://www.econbiz.de/10012582461
Persistent link: https://www.econbiz.de/10013193315