11,978 research outputs found

    Impermanent Types and Permanent Reputations

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    We study the impact of unobservable stochastic replacements for the long-run player in the classical reputation model with a long-run player and a series of short-run players. We provide explicit lower bounds on the Nash equilibrium payoffs of a long-run player, both ex-ante and following any positive probability history. Under general conditions on the convergence rates of the discount factor to one and of the rate of replacement to zero, both bounds converge to the Stackelberg payoff if the type space is sufficiently rich. These limiting conditions hold in particular if the game is played very frequently.Reputation, repeated games, replacements, disappearing reputations JEL Classification Numbers: D80, C73

    Determinants for Bullying Victimization among 11–16-Year-Olds in 15 Low- and Middle-Income Countries:\ud A Multi-Level Study

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    Bullying is an issue of public health importance among adolescents worldwide. The present study aimed at explaining differences in bullying rates among adolescents in 15 low- and middle-income countries using globally comparable indicators of social and economic well-being. Using data derived from the Global School-based Health Survey, we performed bivariate analyses to examine differences in bullying rates by country and by bullying type. We then constructed a multi-level model using four fixed variables (age, gender, hunger and truancy) at the individual level, random effects at the classroom and\ud school levels and four fixed variables at the country level (Gini coefficient, per capita Gross Domestic Project, homicide rate and pupil to teacher ratio). Bullying rates differed significantly by classroom, school and by country, with Egypt (34.2%) and Macedonia (3.6%) having the highest and lowest rates, respectively. Eleven-year-olds were the most likely of the studied age groups to report being bullied, as was being a male. Hunger and truancy were found to significantly predict higher rates of bullying. None of the explanatory variables at the country level remained in the final model. While self-reported bullying varied significantly between countries, the variance between classrooms better explained these differences. Our findings suggest that classroom settings should be considered when designing approaches aimed at bullying prevention.\u

    Dynamic Strategic Information Transmission

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    This paper studies strategic information transmission in a dynamic environment where, each period, a privately informed expert sends a message and a decision maker takes an action. Our main result is that, in contrast to a static environment, full information revelation is possible. The gradual revelation of information and the eventual full revelation is supported by the dynamic rewards and punishments. The construction of a fully revealing equilibrium relies on two key features. The first feature is that the expert is incentivized, via appropriate actions, to join separable groups in which she initially pools with far-away types, then later reveals her type. The second feature is the use of trigger strategies. The decision maker is incentivized by the reward of further information revelation if he chooses the separation-inducing actions, and the threat of a stop in information release if he does not. Our equilibrium is non-monotonic. With monotonic partition equilibria, full revelation is impossible.Asymmetric information, Cheap talk, Dynamic strategic communication, Full information revelation

    eIDeCert: a user-centric solution for mobile identification

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    The necessity to certify one's identity for different purposes and the evolution of mobile technologies have led to the generation of electronic devices such as smart cards, and electronic identities designed to meet daily needs. Nevertheless, these mechanisms have a problem: they don't allow the user to set the scope of the information presented. That problem introduces interesting security and privacy challenges and requires the development of a new tool that supports user-centrity for the information being handled. This article presents eIDeCert, a tool for the management of electronic identities (eIDs) in a mobile environment with a user-centric approach. Taking advantage of existing eCert technology we will be able to solve a real problem. On the other hand, the application takes us to the boundary of what the technology can cope with: we will assess how close we are to the boundary, and we will present an idea of what the next step should be to enable us to reach the goal

    Farm retailing : motivations and practice

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    This paper investigates rural diversification strategies, specifically focussing upon farm retailing. The study reveals farmers’ different motivations and experiences of structural diversification through both farmers markets and wholly owned farm shops. Using a qualitative study of eight farm businesses we find that diversification is not always motivated by entrepreneurial objectives. Necessity (push) factors (such as agri-food market inequality) act as the catalyst transforming nascent diversification tendencies. Once the need for diversification is unlocked farmers face an entrepreneurial choice: those with push motivations (such risk reduction) choose non-entrepreneurial diversification in the form of farmers markets; while those with pull motivations (such as business growth) exhibit characteristics of entrepreneurship and engage in entrepreneurial diversification in the form of on-farm retailing

    Estimating Under Five Mortality in Space and Time in a Developing World Context

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    Accurate estimates of the under-5 mortality rate (U5MR) in a developing world context are a key barometer of the health of a nation. This paper describes new models to analyze survey data on mortality in this context. We are interested in both spatial and temporal description, that is, wishing to estimate U5MR across regions and years, and to investigate the association between the U5MR and spatially-varying covariate surfaces. We illustrate the methodology by producing yearly estimates for subnational areas in Kenya over the period 1980 - 2014 using data from demographic health surveys (DHS). We use a binomial likelihood with fixed effects for the urban/rural stratification to account for the complex survey design. We carry out smoothing using Bayesian hierarchical models with continuous spatial and temporally discrete components. A key component of the model is an offset to adjust for bias due to the effects of HIV epidemics. Substantively, there has been a sharp decline in U5MR in the period 1980 - 2014, but large variability in estimated subnational rates remains. A priority for future research is understanding this variability. Temperature, precipitation and a measure of malaria infection prevalence were candidates for inclusion in the covariate model.Comment: 36 pages, 11 figure

    The customer journey for the purchase of visual art and the impact of eWOM information

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    In this study, the influence of eWOM information on consumer decision-making will be applied to the case of hedonic products and particularly visual art. Namely, even the art industry is quickly expanding into online mediated channels and attracting new markets and online art audiences (Skate's, 2014). As such, art-buying patterns are rapidly transferring to online channels where a significant growth of online art spaces is revolutionizing communication and established hierarchies in this sector with social media aiding validation and increasing buyers' confidence (Arttactic, 2014). Facebook, Twitter and Instagram are thus becoming major platforms for finding and sharing information about art, which is transforming art appreciation and collecting into a social activity with a sharing of knowledge and tastes. This study applies a qualitative method of data collection in order to delve into the phenomenon and acquire insight about consumer attitudes and understanding of behaviours (Hanson and Grimmer, 2007)

    The structure of Rph, an exoribonuclease from Bacillus anthracis, at 1.7 angstrom resolution

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    Maturation of tRNA precursors into functional tRNA molecules requires trimming of the primary transcript at both the 5' and 3' ends. Cleavage of nucleotides from the 3' stem of tRNA precursors, releasing nucleotide diphosphates, is accomplished in Bacillus by a phosphate-dependent exoribonuclease, Rph. The crystal structure of this enzyme from B. anthracis has been solved by molecular replacement to a resolution of 1.7 angstrom and refined to an R factor of 19.3%. There is one molecule in the asymmetric unit; the crystal packing reveals the assembly of the protein into a hexamer arranged as a trimer of dimers. The structure shows two sulfate ions bound in the active-site pocket, probably mimicking the phosphate substrate and the phosphate of the 3'-terminal nucleotide of the tRNA precursor. Three other bound sulfate ions point to likely RNA-binding sites

    Maintaining a permanent reputation with replacements

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    We study the impact of unobservable replacements on the sustainability of reputation effects in frequently repeated games played by a long run player facing a sequence of short run players. At the beginning of every period the long-run player is replaced with a new long run player with probability. The new long run player is either a commitment type who plays the same strategy in every period when he is in the game, or a normal type. The long run player's choice of stage game strategy is imperfectly observed by the short run players. We show that the long run player's payoff, in any Nash equilibrium, is bounded below by what he could get by committing to his most favorite commitment type strategy after every history of the game, even as his rate of impatience vanishes at the same rate as his replacement probability. Hence arbitrarily infrequent replacements are sufficient to prevent reputations and their effects from disappearing when the stage game is played frequently enough
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