Showing 1 - 10 of 11
The standard chicken game is a popular model of certain important real scenarios but does not allow for the escalation behaviour these are typically associated with. This is problematic if the critical, final decisions in these scenarios are sensitive to previous escalation. We introduce and...
Persistent link: https://www.econbiz.de/10009018141
This paper reports decision-making experiments designed to assess to what extent trade in virtual environments can reduce the trust deficit commonly associated with traditional e-commerce compared with ÔphysicalÕ trade. Our approach is based on previous findings that trust is related to the...
Persistent link: https://www.econbiz.de/10005014573
In contrast to current literature which mainly identifies relationships between particular economic behaviours and specific attitudes suggestive of those behaviours, we explore the potential of general human values for explaining economic behaviour. In particular, we investigate whether...
Persistent link: https://www.econbiz.de/10008556272
We compare the determinants of women's and men's international soccer performance and find that partially different variables are important in the two contexts. While economic and demographic influences hold for both, the particular political and cultural factors differ. These differences...
Persistent link: https://www.econbiz.de/10005001426
This study reports the findings of Granger causality tests on the relationship between FDI and pollution across 112 countries over 15-28 years. Our results uncover alternative causality relationships between the two variables depending on a host country's level of development.
Persistent link: https://www.econbiz.de/10005090613
This paper presents experimental evidence demonstrating that agents' knowledge of strategy alternatives in pure coordination games is inversely correlated with decision-making efficacy. Alternative theoretical accounts of players' choice processes in coordination games are considered to shed...
Persistent link: https://www.econbiz.de/10005090614
Measurement activities are central to virtually all technical activities including engineering, construction and scientific research. In addition, the standardisation of measurement can generate considerable economies in production and exchange interactions between economic agents. This paper...
Persistent link: https://www.econbiz.de/10005090615
This paper explores a model of bounded rationality in evolutionary game play in which agent choice is based on a social psychological process of categorization and social inference. The computer simulation of the model demonstrates that agents' increasing ability to categorize opponents in the...
Persistent link: https://www.econbiz.de/10005051056
We report on ultimatum game experiments conducted with same-age as well as mixed-age groups of Asian adolescents and adults. The findings indicate that compared with adults, adolescents make significantly larger offers to adult responders and are less likely to reject. Chinese subjects are found...
Persistent link: https://www.econbiz.de/10005032036
We analyse the possibility of successful industry self-regulation in terms of the strategic interactions between industry members and government. In particular, this paper presents a game-theoretic typology of generic self-regulatory scenarios and evaluates these in terms of the resulting...
Persistent link: https://www.econbiz.de/10005032038