Examples of Result 1 in a sentence
Result 1 In an induced value second price auction, bidding behavior both with and without monetary incentives differs from perfect demand revelation.
See Part IV.BACKGROUND This enforcement action arises out of an investment arbitration initiated by Petitioners and several other co-claimants against the Kingdom of Spain in November 2011, alleging various violations of the Energy Charter Treaty.
Bids in T2 treatment are systematically increasing, which can be explained by risk aversion of the bidders who are more likely to fail the deal in the scrambled market.Our primary explanation for the difference across markets in Result 1 is risk attitudes.
For each family of outcome variables, we examine indices as described in Section 4.5. Behavioral Responses Underlying Result 1: Large Incentives.
Hence there exists a unique β¯ for which∫ Πe (min(β¯, v) − I ) f (v)dv = Π0.This bid wins the auction (in the sense that it defines the Nash equilibrium) and it is trivial to see that β¯ is equal to the threshold M that characterizes the optimal contract in Results 3 (note that M = I in the case of a project with avoidable expropriation, as in Result 1).
Result 1 The mechanism fails to induce truth-telling in a substantial number of cases.
Result 1 Participants hold high beliefs about their performance, which facilitate their efforts to be chosen as leaders.
The Twinning project will build capacities and provide advisory assistance through activities structured under the following Components:Mandatory Result 1/ Component 1: Quality assurance mechanisms in VET strengthenedShort description:This component will focus on building the capacity of SAVE and vocational education institutions in development of a quality assurance framework in line with European policies and best practice.
The CDA-Package mechanism achieves 8 percentage points more efficiency than the CDA-Broker mechanism.Support for Result 1 is given in Figure 8a and Table 2.
The voter motivated by reciprocity plays a nonzero share of IC for a range of parameter values, whereas the voter unmotivated by reciprocity never plays IC, as in Result 1.