Browsing by Author "ZWART, Sanne"

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Browsing by Author "ZWART, Sanne"

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    Title: Ensuring a Representative Referendum Outcome: The Daunting Task of Setting the Quorum Right  Author(s): ZWART, Sanne Date: 2010 Type of Publication: Article Abstract: The majority of the participating voters in referenda does not necessarily reflect the majority of the whole population since voters can abstain. This paper shows that although the quorum can be set such that the outcome ...
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    Title: Decision Makers Facing Uncertainty: Theory Versus Evidence  Author(s): GIORDANI, Paolo E.; SCHLAG, Karl H.; ZWART, Sanne Date: 2010 Type of Publication: Article Abstract: This paper aims at assessing cultural differences in uncertainty attitude across Europe. We select questions from the European Values Survey (EVS) capturing salient features of uncertain scenarios (safe versus uncertain, ...
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    Title: Liquidity Runs with Endogenous Information Acquisition  Author(s): ZWART, Sanne Date: 2008 Type of Publication: Article Abstract: This paper analyzes a liquidity run model in which investors strategically acquire private information. The availability of information can eliminate the multiplicity typical for models without private information. Even ...
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    Title: Fixing the Quorum: Representation versus Abstention  Author(s): ZWART, Sanne Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: The majority of the participating voters in referenda does not necessarily re°ect the majority of the whole population since voters can ab- stain. This paper shows that a quorum exists for which the outcome of the referendum ...
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    Title: Coordination, Expectations and Crises  Author(s): ZWART, Sanne Date: 2007 Type of Publication: Thesis Series/Report no.: EUI PhD theses Abstract: no abstract available
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    Title: Decision Makers Facing Uncertainty: Theory versus Evidence  Author(s): GIORDANI, Paolo; SCHLAG, Karl H.; ZWART, Sanne Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: We consider three competing normative theories of how to make choices when facing uncertainty: subjective expected utility, maximin utility and minimax regret. In simple decision problems, we compare how decision makers ...
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    Title: The mixed blessing of IMF intervention: Signalling versus liquidity support  Author(s): ZWART, Sanne Date: 2007 Type of Publication: Article Abstract: Although IMF support is supposed to benefit a country, it might be bad news that the IMF believes intervention is necessary. This paper analyzes a bank run model in which both the liquidity effect and the signalling effect ...
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    Title: Liquidity Runs with Endogenous Information Acquisition  Author(s): ZWART, Sanne Date: 2005 Type of Publication: Working Paper Series/Report no.: EUI ECO