Similar Search Results

Economic harmony : a rational theory of fairness and cooperation in strategic interactions

Suleiman, Ramzi - In: Games 13 (2022) 3, pp. 1-21

account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its … alternating offers, and the sequential CPR dilemma game. The emergence of the golden ratio as the fairness solution in these games …

Persistent link: https://www.econbiz.de/10013252726

Fair group decisions via non-deterministic proportional consensus

Heitzig, Jobst; Simmons, Forest W.; Constantino, Sara M. - In: Social choice and welfare 64 (2025) 1/2, pp. 345-371

Persistent link: https://www.econbiz.de/10015189592

Fair and square : issues of fairness and computation in partition problems

Nguyen, Nhan-Tam - 2018

Persistent link: https://www.econbiz.de/10011817142

Fairness and competition in a bilateral matching market

Bester, Helmut - In: Games and economic behavior 146 (2024), pp. 121-136

Persistent link: https://www.econbiz.de/10015135074

Incorporating Fairness Motives into the Impulse Balance Equilibrium and Quantal Response Equilibrium Concepts : An Application to 2x2 Games

Tavoni, Alessandro - 2009

Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...

Persistent link: https://www.econbiz.de/10013157464

Wage bargaining when workers have fairness concerns : conference paper

Gogova, Martina Nikolaeva; Kragl, Jenny - 2013

We analyze optimal labor contracts when the worker is inequity averse towards the employer. Welfare is maximized for an equal sharing rule of surplus between the worker and the firm. That is, profit sharing is optimal even if effort is contractible. If the firm can make a take-it-or leave-it...

Persistent link: https://www.econbiz.de/10010341624

Incorporating fairness motives into the impulse balance equilibrium and quantal response equilibrium concepts : an application to 2x2 games

Tavoni, Alessandro - 2009

successful in terms of fit to the experimental data: EQRE, IBE, EIBE, QRE and Nash equilibrium. -- Fairness ; Inequity aversion …

Persistent link: https://www.econbiz.de/10008811006

The unreasonable fairness of maximum nash welfare

Caragiannis, Ioannis; Kurokawa, David; Moulin, Hervé; … - 2016

Persistent link: https://www.econbiz.de/10011450062

Stability, fairness and random walks in the bargaining problem

Kapeller, Jakob; Steinerberger, Stefan - 2017

We study the classical bargaining problem and its two canonical solutions, (Nash and Kalai-Smorodinsky), from a novel point of view: we ask for stability of the solution if both players are able distort the underlying bargaining process by reference to a third party (e.g. a court). By exploring...

Persistent link: https://www.econbiz.de/10011781098

A Simple and Procedurally Fair Game Form for Nash Implementation of the No-Envy Solution

Hagiwara, Makoto - 2019

We consider the allocation problem of infinitely divisible resources with at least three agents. For this problem, Thomson (Games and Economic Behavior, 52: 186-200, 2005) and Dogan (Games and Economic Behavior, 98: 165-171, 2016) propose "simple" but not "procedurally fair" game forms which...

Persistent link: https://www.econbiz.de/10012867552