美国经济学会
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作者:Hui-Kuan Chung , Paul Glimcher , Agnieszka Tymula
来源:[J].American Economic Journal: Microeconomics, 2019, Vol.11 (3), pp.34-67美国经济学会
摘要:Prospect theory, used descriptively for decisions under both risk and certainty, presumes concave utility over gains and convex utility over losses; a pattern widely seen in lottery tasks. Although such discontinuous gain-loss reference-dependence is also used to model riskless c...
作者:Vincent Anesi , Giovanni Facchini
来源:[J].American Economic Journal: Microeconomics, 2019, Vol.11 (3), pp.225-256美国经济学会
摘要:Coercion is used by one government (the “sender”) to influence the trade practices of another (the “target”). We build a two-country trade model in which coercion can be exercised unilaterally or channeled through a “weak” international organization without enforce...
作者:Ayala Arad , Ariel Rubinstein
来源:[J].American Economic Journal: Microeconomics, 2019, Vol.11 (3), pp.285-318美国经济学会
摘要:We develop a framework for analyzing multidimensional reasoning in strategic interactions, which is motivated by two experimental findings: (i) in games with a large and complex strategy space, players tend to think in terms of strategy characteristics rather than the strategies ...
作者:Greg Kaplan , Guido Menzio , Leena Rudanko ...
来源:[J].American Economic Journal: Microeconomics, 2019, Vol.11 (3), pp.68-124美国经济学会
摘要:Relative price dispersion refers to persistent differences in the price that different retailers set for one particular good relative to the price they set for other goods. Relative price dispersion accounts for 30 percent of the overall variance of prices at which the same good ...
作者:Chen Cheng , Christopher Li
来源:[J].American Economic Journal: Microeconomics, 2019, Vol.11 (3), pp.125-154美国经济学会
摘要:We develop a model of policy experimentation in which the policy decisions of local and national politicians are driven by career concerns. When politicians’ payoffs are convex in their reputation and policy-making is opaque, local politicians experiment by introducing more ...
作者:Guillaume Haeringer , Vincent Iehlé
来源:[J].American Economic Journal: Microeconomics, 2019, Vol.11 (3), pp.155-190美国经济学会
摘要:In a two-sided matching context we show how we can predict stable matchings by considering only one side’s preferences and the mutually acceptable pairs of agents. Our methodology consists of identifying impossible matches, i.e., pairs of agents that can never be matched tog...
作者:Ravi Jagadeesan
来源:[J].American Economic Journal: Microeconomics, 2019, Vol.11 (3), pp.191-224美国经济学会
摘要:Sönmez (2013) and Sönmez and Switzer (2013) used matching theory with unilaterally substitutable priorities to propose mechanisms to match cadets to military branches. This paper shows that, alternatively, the Sönmez and Sönmez–Switzer mechanisms can be constructed as d...
作者:Sjaak Hurkens , Doh-Shin Jeon , Domenico Menicucci
来源:[J].American Economic Journal: Microeconomics, 2019, Vol.11 (3), pp.1-33美国经济学会
摘要:We study how bundling affects competition between two asymmetric multi-product firms. One firm dominates the other in that it produces better products more efficiently. For low (high) levels of dominance, bundling intensifies (relaxes) price competition and lowers (raises) b...
来源:[J].American Economic Journal: Microeconomics, 2019, Vol.11 (3), pp.i-vi美国经济学会
作者:Charles Angelucci , Julia Cagé
来源:[J].American Economic Journal: Microeconomics, 2019, Vol.11 (3), pp.319-364美国经济学会
摘要:We model the consequences on newspapers’ content and prices of a reduction in advertising revenues. Newspapers choose the size of their newsroom, and readers are heterogeneous in their ideal amount of journalistic-intensive content. We show that a reduction in advertising re...

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