Showing 1 - 8 of 8
exchange is either coercive or voluntary, and relative strength governs power relations in coercive exchange. We stress the … importance of free disposal of goods which allows for excess holdings larger than consumption, thereby modelling the power to …
Persistent link: https://www.econbiz.de/10008513226
can have better power than alternative Empirical Distribution Function tests. …
Persistent link: https://www.econbiz.de/10005136931
Power is a core concept in the analysis and design of organisations. In this paper we consider positional power in … hierarchies. One of the problems with the extant literature on positional power in hierarchies is that it is mainly restricted to … the analysis of power in terms of the bare positions of the actors. While such an analysis informs us about the authority …
Persistent link: https://www.econbiz.de/10005137145
one of the actions. By definition opinion leaders have some power over their followers, and they exercise this power by … satisfaction and power scores which allow us to analyze the actors' satisfaction and power with respect to the collective choice …
Persistent link: https://www.econbiz.de/10005036248
Power is a core concept in the analysis and design of organizations. One of the problems with the extant literature on … positional power in hierarchies is that it is mainly restricted to the analysis of power in terms of the bare positions of the …-established approaches for the analysis of power in non-hierarchical organizations such as the Banzhaf measure; and thus they are all based …
Persistent link: https://www.econbiz.de/10005450751
The most important financial source for behavioral economics is the Russell Sage Foundation (RSF). The most prominent behavioral economists among the RSF’s twenty-six member Behavioral Economics Roundtable (BER) are Kahneman, Tversky, Thaler, Camerer, Loewenstein, Rabin, and Laibson. The...
Persistent link: https://www.econbiz.de/10005144399
This paper surveys work on dynamic heterogeneous agent models (HAMs) in economics and finance. Emphasis is given to simple models that, at least to some extent, are tractable by analytic methods in combination with computational tools. Most of these models are behavioral models with boundedly...
Persistent link: https://www.econbiz.de/10005136868
Kahneman and Tversky and their behavioral economics stand in a long tradition of applying mathematics to human behavior. In the seventeenth century, attempts to describe rational behavior in mathematical terms run into problems with the formulation of the St. Petersburg paradox. Bernoulli’s...
Persistent link: https://www.econbiz.de/10005137090