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Author : Jeannette Brosig
Publisher :
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (767 download)
Download or read book Endogenous Group Formation and the Provision of Public Goods written by Jeannette Brosig and published by . This book was released on 2005 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Tim Salmon
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Endogenous Group Formation written by Tim Salmon and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the rules governing the formation of groups engaging in collective action may have significant impact on group size and behavior of members, most experiments on public goods have been conducted with the subjects in fixed groups or of fixed sizes. We study endogenous formation of groups in a public-goods provision game by allowing subjects to change groups under three sets of rules: free entry and exit, restricted entry and free exit, and free entry and restricted exit. We find that the rules governing entry and exit do have a significant impact on individual behavior and group-level outcomes.
Author : Gary Charness
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Endogenous Group Formation and Public Goods Provision written by Gary Charness and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We test an assortative mechanism whereby groups are formed endogenously, through the use of voting. Once formed, groups play a public-goods game, where the social value of an incremental contribution to the group account increases with the size of the group. Societies of nine people are initially formed randomly into three groups of three people, with identification numbers, and play the game for three periods. Individuals then learn about the average contribution of each individual in one's current own group, as well as the average contribution in other groups, and can decide whether to exit the group. Remaining group members choose whether to exclude any current members from the group; the new groups then choose whether to merge with other existing groups. The exclusion/merge process takes place after every three periods; with 15 periods in one segment and another 15 periods in a second segment (with a re-start) with new identification numbers. We find a great degree of success for this mechanism. The average contribution rate to the group account (excluding the final three periods of a 15-period segment) is 90.2%. We see large and stable groups forming, promoting efficiency: Overall, after the first three periods of a segment, there is at least a 5-person group formed 96% of the time, with at least a 7-person group 66% of the time, and the nine-person grand coalition forming 27% of the time. After the re-start, these figures are even higher: at least a 6-person group formed 100% of the time, at least a 7-person group formed 79% of the time, with the nine-person grand coalition forming 43% of the time. Results from our control sessions indicate that this success is due to the voting mechanism.
Author : Gabrielle Demange
Publisher : Cambridge University Press
ISBN 13 : 9781139444415
Total Pages : 500 pages
Book Rating : 4.4/5 (444 download)
Download or read book Group Formation in Economics written by Gabrielle Demange and published by Cambridge University Press. This book was released on 2005-01-10 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Broad and diverse ranges of activities are conducted within and by organized groups of individuals, including political, economic and social activities. These activities have become a subject of intense interest in economics and game theory. Some of the topics investigated in this collection are models of networks of power and privilege, trade networks, co-authorship networks, buyer–seller networks with differentiated products, and networks of medical innovation and the adaptation of new information. Other topics are social norms on punctuality, clubs and the provision of club goods and public goods, research and development and collusive alliances among corporations, and international alliances and trading agreements. While relatively recent, the literature on game theoretic studies of group formation in economics is already vast. This volume provides an introduction to this important literature on game-theoretic treatments of situations with networks, clubs, and coalitions, including some applications.
Author : Carlo Carraro
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781009888
Total Pages : 274 pages
Book Rating : 4.0/5 (98 download)
Download or read book The Endogenous Formation of Economic Coalitions written by Carlo Carraro and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some of the specific topics addressed include: advances in the theory of large co-operative games; non co-operative models of coalition formation; a survey of the partition function in the formation of coalitions; far-sightedness in coalition formation; coalition stability; coalition formation in industrialized economics, trade theory, environmental economics and public finance.
Author : R. Mark Issac
Publisher : Emerald Group Publishing
ISBN 13 : 1849507686
Total Pages : 258 pages
Book Rating : 4.8/5 (495 download)
Download or read book Charity With Choice written by R. Mark Issac and published by Emerald Group Publishing. This book was released on 2010-03-23 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deals with philanthropy. This title includes major themes in which the tools of choice, endogeneity, and self-selection are employed such as: What increases or decreases charitable activity? and How do organizational and managerial issues affect the performance of non-profit organizations?
Author : Orley Ashenfelter
Publisher : Elsevier
ISBN 13 : 0444534504
Total Pages : 863 pages
Book Rating : 4.4/5 (445 download)
Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 2010-12-09 with total page 863 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the continually evolving field of labour economics.
Author : John H. Kagel
Publisher : Princeton University Press
ISBN 13 : 0691139997
Total Pages : 770 pages
Book Rating : 4.6/5 (911 download)
Download or read book The Handbook of Experimental Economics, Volume 2 written by John H. Kagel and published by Princeton University Press. This book was released on 2016-10-04 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: An indispensable survey of new developments and results in experimental economics When The Handbook of Experimental Economics first came out in 1995, the notion of economists conducting lab experiments to generate data was relatively new. Since then, the field has exploded. This second volume of the Handbook covers some of the most exciting new growth areas in experimental economics, presents the latest results and experimental methods, and identifies promising new directions for future research. Featuring contributions by leading practitioners, the Handbook describes experiments in macroeconomics, charitable giving, neuroeconomics, other-regarding preferences, market design, political economy, subject population effects, gender effects, auctions, and learning and the economics of small decisions. Contributors focus on key developments and report on experiments, highlighting the dialogue between experimenters and theorists. While most of the experiments consist of laboratory studies, the book also includes several chapters that report extensively on field experiments related to the subject area studied. Covers exciting new growth areas in experimental economics Features contributions by leading experts Describes experiments in macroeconomics, charitable giving, neuroeconomics, market design, political economy, gender effects, auctions, and more Highlights the dialogue by experimenters with theorists and each other Includes several chapters covering field experiments related to the subject area studied
Author : Ananish Chaudhuri
Publisher : Routledge
ISBN 13 : 1000375714
Total Pages : 459 pages
Book Rating : 4.0/5 (3 download)
Download or read book Behavioural Economics and Experiments written by Ananish Chaudhuri and published by Routledge. This book was released on 2021-05-13 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: - Incorporates the latest experimental evidence from across economics, psychology and neuroscience to provide cutting-edge introduction for students. - Structured around three key settings – individuals, small groups and larger impersonal groups (e.g. markets) – this text provides a logical framework for the study of economic decision-making. - Includes discussion of emotions including fairness, trust, selfishness and altruism on both a micro and macro level to show how they can influence personal decision making as well as entire economies.
Author : C. M. Capra
Publisher : Edward Elgar Publishing
ISBN 13 : 1785363336
Total Pages : 448 pages
Book Rating : 4.7/5 (853 download)
Download or read book Handbook of Experimental Game Theory written by C. M. Capra and published by Edward Elgar Publishing. This book was released on 2020-10-30 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this Handbook is twofold: to educate and to inspire. It is meant for researchers and graduate students who are interested in taking a data-based and behavioral approach to the study of game theory. Educators and students of economics will find the Handbook useful as a companion book to conventional upper-level game theory textbooks, enabling them to compare and contrast actual behavior with theoretical predictions. Researchers and non-specialists will find valuable examples of laboratory and field experiments that test game theoretic propositions and suggest new ways of modeling strategic behavior. Chapters are organized into several sections; each section concludes with an inspirational chapter, offering suggestions on new directions and cutting-edge topics of research in experimental game theory.
Author : Hideo Konishi
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Contributing Or Free-Riding? A Theory of Endogenous Lobby Formation written by Hideo Konishi and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We consider a two-stage public goods provision game: In the first stage, players simultaneously decide if they will join a contribution group or not. In the second stage, players in the contribution group simultaneously offer contribution schemes in order to influence the government's choice on the level of provision of public goods. Using perfectly coalition-proof Nash equilibrium (Bernheim, Peleg and Whinston, 1987 JET), we show that the set of equilibrium outcomes is equivalent to an "intuitive" hybrid solution concept, the free-riding-proof core, which is always nonempty but does not necessarily achieve global efficiency. It is not necessarily true that an equilibrium lobby group is formed by the players with highest willingness-to-pay, nor is it a consecutive group with respect to their willingnesses-to-pay. We also show that the equilibrium level of public goods provision shrinks to zero as the economy is replicated.
Author : Sacchidananda Mukherjee
Publisher : Routledge
ISBN 13 : 1136488650
Total Pages : 333 pages
Book Rating : 4.1/5 (364 download)
Download or read book Environmental Scenario in India written by Sacchidananda Mukherjee and published by Routledge. This book was released on 2013-06-17 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: India has moved along an impressive growth path over the last decade, marked with falling share of agriculture, stagnating manufacturing, expanding services segment, growing trade orientation, enhanced FDI inflows etc. The consequent growth implications are obvious as far as the numbers like GDP growth rate and Per Capita GDP trend are concerned, but how sustainable the associated development is with respect to resource management and environmental governance? This book captures the economy-wide impacts of various activities on environment in India. The environmental impacts on water, air, soil quality and human health are captured through case studies from different parts of India. Analyzing separately the concern areas within agriculture (cultivation, aquaculture), manufacturing (industrial pollution, power generation), services (waste management, bio-medical waste, e-waste recycling) and external sector (agricultural trade, FDI inflow, trade in waste products) performance of India, the book attempts to find an answer to that crucial question. The methodology adopted to capture the environmental impacts of various economic activities is derived from the relevant branches like environmental economics, agricultural economics, and water resources economics. The book, focusing on particular sectors, indicates the concern areas and possible ways for enhancing environmental governance.
Author : Thomas C. Schelling
Publisher : Oxford University Press
ISBN 13 : 0199692874
Total Pages : 294 pages
Book Rating : 4.1/5 (996 download)
Download or read book Climate Change and Common Sense written by Thomas C. Schelling and published by Oxford University Press. This book was released on 2012-01-26 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each chapter represents a contribution to the literature on the political economy of climate change.
Author : Peter Herman
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (13 download)
Download or read book Endogenous Network Formation and the Provision of a Public Good written by Peter Herman and published by . This book was released on 2015 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The way people form groups when facing a coordination problem poses an economically interesting question. This paper addresses the issue of what type of clubs are formed when players must participate in a public goods game with the other players belonging to their selected club. A sequential two-stage approach is used to separate network formation decisions and public goods decisions and apply farsighted stability to characterize the network structures that emerge and persist as a result of this sequence of stages. Criteria are established based on the player size and network parameters for determining the outcomes belonging to two types of stable solution sets: basins of attraction and the path dominance core. Both solution sets provide predictions for the types of clubs that will form within the defined framework.
Author : Michelle R. Garfinkel
Publisher : OUP USA
ISBN 13 : 0195392779
Total Pages : 889 pages
Book Rating : 4.1/5 (953 download)
Download or read book The Oxford Handbook of the Economics of Peace and Conflict written by Michelle R. Garfinkel and published by OUP USA. This book was released on 2012-04-20 with total page 889 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook brings together contributions from leading scholars who take an economic perspective to study peace and conflict. Some chapters are largely empirical, exploring the correlates and quantifying the costs of conflict. Others are more theoretical, examining the mechanisms that lead to war or are more conducive to peace.
Author : Karl Erik Wärneryd
Publisher : MIT Press
ISBN 13 : 0262026899
Total Pages : 305 pages
Book Rating : 4.2/5 (62 download)
Download or read book The Economics of Conflict written by Karl Erik Wärneryd and published by MIT Press. This book was released on 2014-03-07 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an outside option, sometimes constraining the outcomes reached through voluntary agreement. In this volume, economists offer a crucial rational-choice perspective on conflict, using methodological approaches that range from the game theoretic to the experimental. This text uses the recently developed contest success function to model conflict, examining such topics as alliance formation, regional conflicts under fiscal federalism, coups d'etat in developing countries, and the correlation between conflict and economic growth in Bolivia. This text also considers subjects that include the link between occupational choices and antigovernment activity in Afghanistan, social unrest and the IMF's Structural Adjustment Program, and the effect of Tajikistan's civil war on ex-combatants' capacity for trust and cooperation. This text shows that economics needs a theory of conflict to understand both outright conflict and transactions in the shadow of conflict. It also shows that the study of conflict also needs the rigorous, methodology-based perspectives of economics.
Author : Robert Gibbons
Publisher : Princeton University Press
ISBN 13 : 1400845351
Total Pages : 1248 pages
Book Rating : 4.4/5 (8 download)
Download or read book The Handbook of Organizational Economics written by Robert Gibbons and published by Princeton University Press. This book was released on 2012-12-09 with total page 1248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive introduction to organizational economics, with contributions by leaders in the field In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. This landmark book assembles the leading figures in organizational economics to present the first comprehensive view of both the current state of research in this fast-emerging field and where it might be headed. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more. The defining book on the subject, The Handbook of Organizational Economics is essential reading for researchers and students looking to understand this emerging field in economics. Presents the first comprehensive treatment of organizational economics Features contributions by leaders in the field Unifies and extends existing literatures Describes theoretical and empirical methods used today
