Author: Michael Kunin
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
In an incomplete contract framework, I analyse how a club chooses its enlargement strategy in the presence of congestion. The club faces two waves of applicants. The applicants are homogeneous within each wave but differ in their conformity to the club's standards across waves. For each wave, the club chooses between an early entry offer, when the club can enforce the applicant's reform, and a late entry offer, when the applicant has to reform itself in order to be admitted. In addition, the club undertakes its own internal reform which, if successful, can eliminate congestion. I show that the club uses the gradualism approach (admitting waves sequentially) when the waves substantially differ in their compliance with the club's standards, and the big bang approach (admitting waves simultaneously) otherwise. Moreover, the club never admits a less advanced wave before a more advanced one.
Sequencing of Club Enlargement
Sequencing of Club Enlargement
Author: Michael Kúnin
Publisher:
ISBN: 9788073440114
Category :
Languages : en
Pages : 23
Book Description
Publisher:
ISBN: 9788073440114
Category :
Languages : en
Pages : 23
Book Description
Club Enlargement
Author: Mike Burkart
Publisher:
ISBN:
Category : Clubs
Languages : en
Pages : 60
Book Description
Publisher:
ISBN:
Category : Clubs
Languages : en
Pages : 60
Book Description
Author:
Publisher: BoD – Books on Demand
ISBN: 338543484X
Category :
Languages : en
Pages : 298
Book Description
Publisher: BoD – Books on Demand
ISBN: 338543484X
Category :
Languages : en
Pages : 298
Book Description
Report of the Commissioner for ...
Author: United States Fish Commission
Publisher:
ISBN:
Category : Fisheries
Languages : en
Pages : 1040
Book Description
Publisher:
ISBN:
Category : Fisheries
Languages : en
Pages : 1040
Book Description
Miscellaneous Documents
Author: United States. Congress. Senate
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 1050
Book Description
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 1050
Book Description
Report of the United States Commissioner of Fisheries
Author: United States. Bureau of Fisheries
Publisher:
ISBN:
Category : Fish culture
Languages : en
Pages : 1050
Book Description
Publisher:
ISBN:
Category : Fish culture
Languages : en
Pages : 1050
Book Description
Cooperative Extension Work
Author:
Publisher:
ISBN:
Category : Agricultural extension work
Languages : en
Pages : 1008
Book Description
Publisher:
ISBN:
Category : Agricultural extension work
Languages : en
Pages : 1008
Book Description
Senate documents
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 1050
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 1050
Book Description
Report on Agricultural Experiment Stations and Cooperative Agricultural Extension Work in the United States for the Year Ended ...
Author: United States. Office of Experiment Stations
Publisher:
ISBN:
Category : Agricultural experiment stations
Languages : en
Pages : 772
Book Description
Publisher:
ISBN:
Category : Agricultural experiment stations
Languages : en
Pages : 772
Book Description