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作者：Herings, P. Jean-Jacques; Saulle, Riccardo D.; Seel, Christian
作者单位：Maastricht University; University of Padua
摘要：This article studies coalition formation among individuals who differ in productivity. We consider egalitarian societies in which coalitions split their surplus equally and individualistic societies in which coalitions split their surplus according to productivity. Preferences of coalition members depend on their material pay-offs, but are also influenced by relative pay-off concerns. The stable partitions in both egalitarian and individualistic societies are segregated, i.e., individuals with...
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作者：Abbink, Klaus; Dong, Lu; Huang, Lingbo
作者单位：Monash University; Nanjing Audit University
摘要：We study escalation and aggression in an experimental first-strike game in which two participants play multiple rounds of a money-earning task. In each round, both players can spend money to accumulate weapons. The player with more weapons can spend money to strike against the other player, which almost totally eliminates the victim's earnings potential and removes their capacity to strike. Weapons can serve as a means of deterrence. In four treatments, we find that deterrence is strengthened ...
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作者：Martellini, Paolo; Menzio, Guido; Visschers, Ludo
作者单位：New York University; National Bureau of Economic Research; University of Edinburgh
摘要：We revisit the hypothesis that cyclical fluctuations in unemployment are caused by shocks to the discount rate. We use a simple but rich search-theoretic model of the labour market in which the UE, EU and EE rates are all endogenous. Analytically, we show that an increase in the discount rate lowers the UE rate and, under some natural conditions, it lowers the EU rate. Quantitatively, we show that an increase in the discount rate from 4% to 10% generates a 3.5% decline in the UE rate and a 6% ...
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作者：Testa, Patrick A.
作者单位：Tulane University
摘要：This article examines the long-run effects of forced migration on economic development in the origin economy, using Czechoslovakia's expulsion of three million Germans after WWII. For identification, I use the discontinuity in ethnic composition at the border of the Sudetenland region where Germans lived. Germans had similar characteristics to Czechs, bypassing factors driving effects in other cases of forced migration, such as differences in human capital. The expulsion produced persistent di...
