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Luck, Choice and Responsibility: An Experimental Study of Fairness Views

Möllerström, Johanna; Reme, Bjørn-Atle; Sørensen, … - Institutet för Näringslivsforskning (IFN) - 2014

We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby … inequalities, but many follow an interior allocation rule previously unaccounted for by the fairness views in the literature. These …

Persistent link: https://www.econbiz.de/10010818526

What have we learned from Evolutionary Game Theory so far?

Weibull, Jörgen W. - Institutet för Näringslivsforskning (IFN) - 1997

Evolutionary theorizing has a long tradition in economics. Only recently has this approach been brought into the framework of non-cooperative game theory. Evolutionary game theory studies the robustness of strategic behaviour with respect to evolutionary forces in the context of games played...

Persistent link: https://www.econbiz.de/10005771089

Clever Agents in Young's Evolutionary Bargaining Model

Weibull, Jörgen W.; Saez-Marti, Maria - Institutet för Näringslivsforskning (IFN) - 1998

In the models of Young (1993a,b), boundedly rational individuals are recurrently matched to play a game, and they play myopic best replies to the recent history of play. It could therefore be an advantage to instead play a myopic best reply to the myopic best reply, something boundedly rational...

Persistent link: https://www.econbiz.de/10005190635

Deterministic Approximation of Stochastic Evolution in Games

Benaim, Michel; Weibull, Jörgen W. - Institutet för Näringslivsforskning (IFN) - 2000

This paper provides deterministic approximation results for stochastic processes that arise when finite populations recurrently play finite games. The deterministic approximation is defined in continuous time as a system of ordinary differential equations of the type studied in evolutionary game...

Persistent link: https://www.econbiz.de/10005419542

Evolution with Mutations Driven by Control Costs

Weibull, Jörgen W.; van Damme, Eric - Institutet för Näringslivsforskning (IFN) - 1998

Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive dynamics in Kandori, Mailath and Rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model these mutation rates as endogenously...

Persistent link: https://www.econbiz.de/10005645419

The 'As if' Approach to Game Theory: 3 Positive Results and 4 Obstacles

Weibull, Jörgen W. - Institutet för Näringslivsforskning (IFN) - 1993

No abstract.

Persistent link: https://www.econbiz.de/10010818361

Risk Aversion Relates to Cognitive Ability: Fact or Fiction?

Andersson, Ola; Tyran, Jean-Robert; Wengström, Erik; … - Institutet för Näringslivsforskning (IFN) - 2013

Recent experimental studies suggest that risk aversion is negatively related to cognitive ability. In this paper we … population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … to generate both negative and positive correlations between risk aversion and cognitive ability. Structural estimation …

Persistent link: https://www.econbiz.de/10010729196

The Insiders' Dilemma: An Experiment on Merger Formation

Lindqvist, Tobias; Stennek, Johan - Institutet för Näringslivsforskning (IFN) - 2001

This paper tests the insiders' dilemma hypothesis in a laboratory experiment. The insiders' dilemma means that a … rather than exogenous merger theory. More surprisingly, our data suggests that fairness considerations also make profitable …

Persistent link: https://www.econbiz.de/10005645424

Bubbles and Experience: An Experiment on Speculation

Dufwenberg, Martin; Lindqvist, Tobias; Moore, Evan - Institutet för Näringslivsforskning (IFN) - 2003

particular the occurrence of bubble-crash pricing patterns. In each session, six subjects trade in three successive market rounds …

Persistent link: https://www.econbiz.de/10005645444

The Perils of Peer Review in Economics and Other Sciences

Fölster, Stefan - Institutet för Näringslivsforskning (IFN) - 1991

No abstract.

Persistent link: https://www.econbiz.de/10010685074