How burning money requires a lot of rationality to be effective

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 115
Issue: 1
Pages: 111-113

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper proposes an extension of the valuation equilibrium concept (Jehiel and Samet, 2007), which partly endogenises the underlying grouping of actions. The effect on equilibrium predictions is illustrated in a burning money game.

Technical Details

RePEc Handle
repec:eee:ecolet:v:115:y:2012:i:1:p:111-113
Journal Field
General
Author Count
2
Added to Database
2026-01-29