-
作者:Fu, Qiang; Lu, Jingfeng; Pan, Yue
作者单位:National University of Singapore; National University of Singapore; National University of Singapore
摘要:We consider a multi-battle team contest in which players from two rival teams form pairwise matches to fight in distinct component battles, which are carried out sequentially or (partially) simultaneously. A team wins if and only if its players win a majority of battles. Each player benefits from his team's win, while he can also receive a private reward for winning his own battle. We find that the outcomes of past battles do not distort the outcomes of future battles. Neither the total expect...
-
作者:Bisin, Alberto; Lizzeri, Alessandro; Yariv, Leeat
作者单位:New York University; California Institute of Technology
摘要:Behavioral economics presents a paternalistic rationale for benevolent government intervention. This paper presents a model of public debt where voters have self-control problems and attempt to commit using illiquid assets. In equilibrium, government accumulates debt to respond to individuals' desire to undo their commitments, which leads individuals to rebalance their portfolio, in turn feeding into a demand for further debt accumulation. As a consequence, (i) large (and distortionary) govern...
-
作者:Fischer, Greg; Karlan, Dean
作者单位:University of London; London School Economics & Political Science; Yale University; National Bureau of Economic Research
-
作者:Fowlie, Meredith; Greenstone, Michael; Wolfram, Catherine
作者单位:University of California System; University of California Berkeley; National Bureau of Economic Research; University of Chicago
-
作者:Gibbons, Robert; Kaplan, Robert S.
作者单位:Massachusetts Institute of Technology (MIT)
-
作者:Guiteras, Raymond; Jina, Amir; Mobarak, A. Mushfiq
作者单位:University System of Maryland; University of Maryland College Park; University of Chicago; Yale University
-
作者:Hanna, Rema; Oliva, Paulina
作者单位:Harvard University; University of California System; University of California Santa Barbara
-
作者:Hoover, Gary A.; Compton, Ryan A.; Giedeman, Daniel C.
作者单位:University of Oklahoma System; University of Oklahoma - Norman; University of Manitoba; Grand Valley State University
-
作者:Iyer, Rajkamal; Schoar, Antoinette
作者单位:Massachusetts Institute of Technology (MIT); National Bureau of Economic Research
-
作者:Vivalt, Eva
作者单位:New York University