Showing 1 - 10 of 73
The trust building process is basic to social science. We investigate it in a laboratory setting using a novel multi-stage trust game where social gains are achieved if players trust each other in each stage. And in each stage, players have an opportunity to appropriate these gains or be...
Persistent link: https://www.econbiz.de/10005407592
The use of linear wholesale price contract has long been recognized as a threat to achieving channel effciency. Many … formats of nonlinear pricing contract have been proposed to achieve vertical channel coordination. Examples include two … price. A quantity discount contract does not include a fixed fee and charges a lower unit price for each additional unit …
Persistent link: https://www.econbiz.de/10005407889
Persistent link: https://www.econbiz.de/10005076908
The aim of this work is that of exemplifying some applications of the modern theory of the complexity to the economic …
Persistent link: https://www.econbiz.de/10005560963
- uncertainty, complexity and rank. First, the concept of epistemic uncertainty is sufficient for modeling and the concept of … categorization for mutual funds is presented. Second, the concept of (linear) system complexity is usually dealt with by presuming a …
Persistent link: https://www.econbiz.de/10005119076
-organized sociocultural complexity, may only be, at the moment, answered by what Dawkins says as memetic evolution with meme as the replicator …
Persistent link: https://www.econbiz.de/10005561513
The paper discusses the relation between experimental economics and the cognitive approach, after having outlined the chief characteristics of the major lines of research in both areas, also with reference to the historical development and to methodological issues. Then the attention is focused...
Persistent link: https://www.econbiz.de/10005076658
experiment sessions fit the Geometric Mean model better than the Hahn process, and in addition, the Geometric Mean model provides …
Persistent link: https://www.econbiz.de/10005077054
This paper considers bidding automata programmed by experienced subjects in sequential first price sealed bid auction experiments. These automata play against each other in computer tournaments. The risk neutral subgame perfect Nash equilibrium strategy of the independent private value model...
Persistent link: https://www.econbiz.de/10005124959
measures? An experiment on a nationally representative sample of over 1200 Americans provides an answer. Respondents are …
Persistent link: https://www.econbiz.de/10005125560