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Incorporating Fairness Motives into the Impulse Balance Equilibrium and Quantal Response Equilibrium Concepts: An Application to 2x2 Games
Tavoni, Alessandro - Fondazione ENI Enrico Mattei (FEEM) - 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/10005008036
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The Grand Experiment of Communism: Discovering the Trade-off between Equality and Efficiency
Farvaque, Etienne; Mihailov, Alexander; Naghavi, Alireza - Fondazione ENI Enrico Mattei (FEEM) - 2011
This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and social preferences in different economic systems. We introduce inequality-averse and inefficiency-averse agents responding to economic incentives and transmitting their ideology...
Persistent link: https://www.econbiz.de/10009320986
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Bounded Rationality and Voting Decisions Exploring a 160-Year Period
Stadelmann, David; Torgler, Benno - Fondazione ENI Enrico Mattei (FEEM) - 2012
Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848–2009), we investigate whether a higher level of complexity leads to increased reliance on expert knowledge. We find that when more referenda are held on the same day, constituents are more likely to refer...
Persistent link: https://www.econbiz.de/10010904923
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Social Incentives Matter: Evidence from an Online Real Effort Experiment
Tonin, Mirco; Vlassopoulos, Michael - Fondazione ENI Enrico Mattei (FEEM) - 2013
Contributing to a social cause can be an important driver for workers in the public and non- profit sector as well as in firms that engage in Corporate Social Responsibility activities. This paper compares the effectiveness of social incentives - that take the form of a donation received by a...
Persistent link: https://www.econbiz.de/10010904903
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Gender Issue and Water Management in the Mediterranean Basin, Middle East and North Africa
Minoia, Giulia - Fondazione ENI Enrico Mattei (FEEM) - 2007
This article aims to investigate some aspects of the social process related to water resources management and gender … relations. Given that gender and water management are interrelated issues exposed to a growing attention at the international … reach an improved governance and planning in the field of sustainable water management. Therefore, to investigate gender …
Persistent link: https://www.econbiz.de/10005385481
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Differences in Preferences Towards the Environment: The Impact of a Gender, Age and Parental Effect
Torgler, Benno; Valiñas, María A. García; Macintyre, … - Fondazione ENI Enrico Mattei (FEEM) - 2008
different dependent variables to focus on the impact of age, gender and children we use a large micro data set covering data …
Persistent link: https://www.econbiz.de/10005230895
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Predicting one Shot Play in 2x2 Games Using Beliefs Based on Minimax Regret
Gallice, Andrea - Fondazione ENI Enrico Mattei (FEEM) - 2006
We present a simple procedure that selects the strategies most likely to be played by inexperienced agents who interact in one shot 2x2 matching pennies games. As a first step we axiomatically describe players’ beliefs. We find the minimax regret criterion to be the simplest functional form...
Persistent link: https://www.econbiz.de/10005385407
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Choosing to Have Less Choice
Salgano, Maria - Fondazione ENI Enrico Mattei (FEEM) - 2006
This paper investigates choice between opportunity sets. I argue that individuals may prefer to have fewer options for two reasons: First, smaller choice sets may provide information and reduce the need for the agent to contemplate the alternatives. Second, contemplation costs may be increasing...
Persistent link: https://www.econbiz.de/10005385513
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Identity, Homophily and In-Group Bias
Currarini, Sergio; Menge, Friederike - Fondazione ENI Enrico Mattei (FEEM) - 2012
School of Economics, University of Nottingham, University Park Campus and Department of Economics (AE1), Maastricht University
Persistent link: https://www.econbiz.de/10010552188
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(Anti-) Coordination in Networks
Kovarik, Jaromir; Mengel, Friederike; Romero, José Gabriel - Fondazione ENI Enrico Mattei (FEEM) - 2010
We study (anti-) coordination problems in networks in a laboratory experiment. Partici- pants interact with their neighbours in a fixed network to play a bilateral (anti-) coordination game. Our main treatment variable is the extent to which players are heterogeneous in the number of connections...
Persistent link: https://www.econbiz.de/10008467327