Showing 201 - 210 of 255,408
A central result in the rational learning literature is that if the true measure is absolutely continuous with respect … to the beliefs then, given enough data, the updated beliefs merge with the true distribution. In this paper, we show that …
Persistent link: https://www.econbiz.de/10014192725
experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game …
Persistent link: https://www.econbiz.de/10011762571
The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...
Persistent link: https://www.econbiz.de/10011344858
The paper investigates strategic campaigning in a model of redistributive politics in a society with many groups and two parties. Campaigns are informative, and parties can target campaigns to different groups. Voters are uncertain about whether parties fabor special groups. The parties will...
Persistent link: https://www.econbiz.de/10011514172
Persistent link: https://www.econbiz.de/10014423358
beliefs are aggregated to make a decision. In this paper, we argue that the need for aggregation creates different incentives … for belief updates in private and political choice. We review contemporary theories of biased beliefs in politics … analysis, we construct an evolutionary model including a coordination failure. Differences in learning dynamics make the …
Persistent link: https://www.econbiz.de/10005537003
The liturgical system in Classical Athens (479-322 BCE) privately provided public goods, including naval defense. I use it to evaluate mechanism design policies and to address uncertainties in the historical record by adding predictive economic theory to research by ancient historians. I...
Persistent link: https://www.econbiz.de/10013028940
We examine whether and how democratic procedures can achieve socially desirable public good provision in the presence of deep uncertainty about the benefits of the public good, i.e., when citizens are able to identify the distribution of benefits only if they aggregate their private information....
Persistent link: https://www.econbiz.de/10013050880
, questions related to institutional design and performance, issues in international relations, and electoral competition. In our …
Persistent link: https://www.econbiz.de/10014024376
-specific beliefs about the causes of low and high incomes. Our theory predicts that target-specific beliefs about the poor matter most … for preferences about transfers to the poor, and target-specific beliefs about the rich matter most for preferences about …
Persistent link: https://www.econbiz.de/10011993478