Showing 1 - 5 of 5
In standard rational choice modelling decisions are made according to given information and preferences. In the model presented here the 'information technology' of individual decision makers as well as their preferences evolve in a dynamic process. In this process decisions are made rationally...
Persistent link: https://www.econbiz.de/10009578580
theory ; Intrinsic motivation ; Court system ; Legal litigation ; Hobbesian problem of social order …
Persistent link: https://www.econbiz.de/10009657895
Retributive responses do play a role in human behavior. Whether they are primarily triggered by supposed intentions or by observed consequences of actions is an important question. It can be addressed by experimental studies of retributive responses in situations in which the individual actor...
Persistent link: https://www.econbiz.de/10009612563
Fairness is a strong concern as shown by the robust results of dictator giving and ultimatum experiments. Efficiency, measured by the sum of individual payoffs, is another potential concern in games such as the prisoners’ dilemma and public good provision games. In our experiment participants...
Persistent link: https://www.econbiz.de/10009612570
of boundedly rational individuals. In view of such a causal role of theories we discuss how advice of a theory of …
Persistent link: https://www.econbiz.de/10009612562