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Cheap-talk communication in procurement auctions : theory and experiment

Onderstal, Sander; Yang, Yang - 2020

auction is beneficial to the buyer compared to no communication and ex-ante communication. In a setting where the buyer and … the winning supplier have misaligned interests regarding the terms, the buyer benefits from ex-ante communication relative … to no communication and ex-post communication. Our experimental data provide strong evidence for the predictions in the …

Persistent link: https://www.econbiz.de/10012167341

Chapter 35 A Survey of Peace Economics

Anderton, Charles H.; Carter, John R. - In: Handbook of defense economics : volume 2, Defense in a …, (pp. 1211-1258). 2007

Peace economics can be defined as the use of economics to understand the causes and effects of violent conflict in the … international system and the ways that conflict can be avoided, managed, or resolved. This chapter surveys major subject areas of … is how major datasets like the Correlates of War Project have fostered a rapid growth of econometric studies based on …

Persistent link: https://www.econbiz.de/10014024394

Alianzas y política: un juego entre agentes civiles y armados

Castillo, María del Pilar; Salazar, Boris - In: Lecturas de Economía (2007) 67, pp. 71-98

Illegal armed agents try to replace the state both in the monopoly of violence and in the protection of civilian population. We pretend to show that this objective is achieved if armed agents build alliances with groups from the civilian population. How to build this type of alliances? We...

Persistent link: https://www.econbiz.de/10005464635

Why is the Workplace Racially Segregated by Occupation?

Naqvi, Nadeem - Volkswirtschaftliche Fakultät, … - 2012

Ken Arrow (1998) asks, “What has economics to say about racial discrimination?” He replies – entirely correctly – that racial “segregation within an industry – that is, firms with either all black or all white labor forces” – may be explained by economic theory, but “the...

Persistent link: https://www.econbiz.de/10011260187

What is the contribution of the theory of redistribution systems to the theory of corruption?

Wawrosz, Petr; Otáhal, Tomáš; Palat, Milan - Provozně ekonomická fakulta, Mendelova Univerzita v Brnĕ - 2012

Scholars making economic policy recommendations to resolve corruption problem use several approaches, the most dominant of which are the principal-agent and rent-seeking theories. In this paper, we argue that the principal-agent theory has problems accounting for the environment in which the...

Persistent link: https://www.econbiz.de/10010555225