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Who are the Behavioral Economists and what do they say?

Heukelom, Floris - Tinbergen Institute - 2007

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

Interacting Agents in Finance

Hommes, Cars - Tinbergen Institute - 2006

Interacting agents in finance represent a behavioral, agent-based approach in which financial markets are viewed as complex adaptive systems consisting of many boundedly rational agents interacting through simple heterogeneous investment strategies, constantly adapting their behavior in response...

Persistent link: https://www.econbiz.de/10005209457

An Algorithm for Computing the Nucleolus of Disjunctive Additive Games with An Acyclic Permission Structure

Brink, René van den; Katsev, Ilya; Laan, Gerard van der - Tinbergen Institute - 2008

A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...

Persistent link: https://www.econbiz.de/10005144441

Connectivity and Competition in Airline Networks: A Complexity Analysis of Lufthansa's Network

Reggiani, Aura; Nijkamp, Peter; Cento, Alessandro - Tinbergen Institute - 2011

Information, communication and transport networks have always been in a state of flux, while they also influence each other. Extensive research efforts have been made to investigate the dynamics in the structure and use of networks, e.g., by means of network geometries, small-world effects and...

Persistent link: https://www.econbiz.de/10009201134

Computation of the Nucleolus for a Class of Disjunctive Games with a Permission Structure

Brink, René van den; Katsev, Ilya; Laan, Gerard van der - Tinbergen Institute - 2008

Persistent link: https://www.econbiz.de/10005137018

Incomplete Contract and Divisional Structures

Bao, Te; Wang, Yongqin - Tinbergen Institute - 2009

In this paper we want to analyze the internal divisional structure within an organi-

Persistent link: https://www.econbiz.de/10004987449

Gift Exchange and the Separation of Ownership and Control

Maximiano, Sandra; Sloof, Randolph; Sonnemans, Joep - Tinbergen Institute - 2006

Numerous gift exchange experiments have found a positive relationship between employers' wage offers and workers' effort levels. In (almost) all these experiments the employer both owns and controls the firm. Yet in reality many firms are characterized by the separation of ownership and control....

Persistent link: https://www.econbiz.de/10005136878

Control without Deception

Bardsley, Nicholas - Tinbergen Institute - 2000

in a public good experiment prompted by Weimann's (1994) result, from a deceptive design, that subjects are more … sensitive to free-riding than cooperation on the part of others. The experiment provides similar results to Weimann's, in that … explain decay in contributions in repeated play designs. The experiment shows there is a workable alternative to deception.<BR><BR> …

Persistent link: https://www.econbiz.de/10005136962

Experimental Public Choice

Schram, Arthur J.H.C. - Tinbergen Institute - 2002

A review is given of the use of laboratory experiments in the Public Choice literature. A distinction is made in experiments on public goods, participation games, rent-seeking and lobbying, and spatial voting.

Persistent link: https://www.econbiz.de/10005136963

Conditional Cooperation and Voluntary Contributions to Public Goods

Keser, Claudia; Winden, Frans A.A.M. van - Tinbergen Institute - 2000

We compare a partners condition where the same small group of subjects plays a repeated public good game to a strangers condition where subjects play this game in changing group formations. Subjects in the partners condition contribute from the first period on significantly more to the public...

Persistent link: https://www.econbiz.de/10005136974