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作者:Choi, Syngjoo; Fisman, Raymond; Gale, Douglas M.; Kariv, Shachar
作者单位:University of London; University College London; Columbia University; New York University; University of California System; University of California Berkeley
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作者:Ong, Paul; Mar, Don
作者单位:University of California System; University of California Los Angeles; California State University System; San Francisco State University
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作者:Weiman, David F.; James, John A.
作者单位:Columbia University; University of Virginia
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作者:Caplin, Andrew; Dean, Mark
作者单位:New York University
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作者:MacLeod, W. Bentley
作者单位:Columbia University
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作者:Caillaud, Bernard; Tirole, Jean
作者单位:Universite PSL; Ecole Normale Superieure (ENS); Ecole des Hautes Etudes en Sciences Sociales (EHESS); Institut Polytechnique de Paris; Ecole des Ponts ParisTech; Centre National de la Recherche Scientifique (CNRS); CNRS - Institute for Humanities & Social Sciences (INSHS); Universite de Toulouse; Massachusetts Institute of Technology (MIT)
摘要:The paper explores strategies that the sponsor of a proposal may employ to convince a qualified majority of members in a group to approve the proposal. Adopting a mechanism design approach to communication, it emphasizes the need to distill information selectively to key group members and to engineer persuasion cascades in which members who are brought on board sway the opinion of others. The paper shows that higher congruence among group members benefits the sponsor. The extent of congruence ...
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作者:Fuchs, William
作者单位:University of Chicago
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作者:Atkeson, Andrew; Kehoe, Patrick J.
作者单位:University of California System; University of California Los Angeles; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
摘要:Many view the period after the Second Industrial Revolution as a paradigm of a transition to a new economy following a technological revolution, including the Information Technology Revolution. We build a quantitative model of diffusion and growth during transitions to evaluate that view. With a learning process quantified by data on the life cycle of US manufacturing plants, the model accounts for the key features of the transition after the Second Industrial Revolution. But we find that feat...
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作者:Sannikov, Yuliy; Skrzypacz, Andrzej
作者单位:University of California System; University of California Berkeley; Stanford University
摘要:We show that it is impossible to achieve collusion in a duopoly when (a) goods are homogenous and firms compete in quantities; (b) new, noisy information arrives continuously, without sudden events; and (c) firms are able to respond to new information quickly. The result holds even if we allow for asymmetric equilibria or monetary transfers. The intuition is that the flexibility to respond quickly to new information unravels any collusive scheme. Our result applies to both a simple stationary ...
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作者:Fernandez-Villaverde, Jesus; Rubio-Ramirez, Juan F.; Sargent, Thomas J.; Watson, Mark W.
作者单位:University of Pennsylvania; National Bureau of Economic Research; Duke University; New York University; Federal Reserve System - USA; Federal Reserve Bank - Atlanta; Princeton University; Princeton University