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The gift-exchange game is a form of sequential prisoner's dilemma, developed by Fehr et al. (1993), and popularized in a series of papers by Ernst Fehr and co-authors. While the European studies typically feature a high degree of gift exchange, the few U.S. studies provide some conflicting...
Persistent link: https://www.econbiz.de/10005068100
We experimentally investigate a legislative bargaining model with both public and particularistic goods. Consistent with the qualitative implications of the model: There is near exclusive public good provision in the pure public good region, in the pure private good region minimum winning...
Persistent link: https://www.econbiz.de/10008868074
Abstract: We consider bargaining in a bipartite network of buyers and sellers, who can only trade with the limited number of people with whom they are connected. Such networks could arise due to proximity issues or restricted communication flows, as with information transmission of job openings,...
Persistent link: https://www.econbiz.de/10005702650
This paper considers the analysis of data from randomized trials which offer a sequence of interventions and suffer from a variety of problems in implementation. In experiments that provide treatment in multiple periods (T1), subjects have up to 2^{T}-1 counterfactual outcomes to be estimated to...
Persistent link: https://www.econbiz.de/10005063729
Propensity score matching is becoming increasingly common in clinical medicine, demographic and economic research for the evaluation of the magnitude of treatment effects. Existing studies generally use parametric estimators of binary response models such as the probit and logit to estimate the...
Persistent link: https://www.econbiz.de/10005702687
This paper reports an experiment involving two mechanisms that allocate a single unit of an indivisible private good among two players, at no cost to either of them. Both mechanisms, proposed by Moore (1992) and Perry and Reny (1999), are compared in terms of their relative performance to assign...
Persistent link: https://www.econbiz.de/10005699651
In conducting experiments with multiple trials, outcomes from previous trials can impact on current behavior. One of the most obvious cases in which this can happen, and the case considered in this paper, is in an auction market experiment, where earnings from previous auction trials alter cash...
Persistent link: https://www.econbiz.de/10005328601
Using the Youth in Transition Survey we estimate a Roy model with a three dimensional latent factor structure to consider how parental valuation of education, cognitive skills and non-cognitive skills influence endogenous schooling decisions and subsequent labour market outcomes in Canada. We...
Persistent link: https://www.econbiz.de/10012183395