Showing 1 - 10 of 67
We propose the concept of level r consensus as a useful property of a preference profile which considerably enhances … the stability of social choice. This concept involves a weakening of unanimity, the most extreme form of consensus. It is … shown that if a preference profile exhibits level r consensus around a given preference relation, the associated majority …
Persistent link: https://www.econbiz.de/10010356368
transactions. While it involves updating the ledger through a decentralized consensus on the unique truth, the robustness of the … equilibrium that supports this consensus depends on who has access to the ledger and how it can be updated. To find the optimal … decentralization, security (i.e. a robust consensus), and scale (the efficient volume of transactions). Using a global game analysis of …
Persistent link: https://www.econbiz.de/10012692310
We consider an expanded notion of social norms that renders them belief-dependent and partial, formulate a series of related testable predictions, and design an experiment based on a variant of the dictator game that tests for empirical relevance. Main results: Normative beliefs influence...
Persistent link: https://www.econbiz.de/10011987998
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
According to the Framework Convention on Climate Change, global collective action is needed to stabilize "greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system." The Framework Convention thus...
Persistent link: https://www.econbiz.de/10010229864
opportunity for profitable cooperation. Our experimental method creates two groups of subjects who are similar but have different … long-run losses. Initially similar, cooperation rates for groups with different intelligence levels diverge, declining in … groups of lower intelligence, and increasing to reach almost full cooperation levels in groups of higher intelligence …
Persistent link: https://www.econbiz.de/10011547729
Heuristics Hypothesis (SHH) proposes that fast instinctive decision making promotes cooperation in social dilemmas. In this paper …, we conduct a novel time-pressure experiment to shed light on the cognitive underpinnings of cooperation. Although we find … finding that fast and intuitive decision making promotes cooperation. Given payoff comprehension, the SHH predicts behavior …
Persistent link: https://www.econbiz.de/10011458007
cooperation in a subsequent social dilemma game. The issues we study are part of the broader topic of whether there are behavioral … cooperation for pairs of market-winners, market-losers and mixed pairs and study both the cases where interaction in the social … experience has adverse effects on the efficiency of cooperation on both market-winner and market-loser pairs. In market …
Persistent link: https://www.econbiz.de/10011414636
social groups in the workplace. Additionally, cooperation decreases among the workers, although with limited effect on …
Persistent link: https://www.econbiz.de/10012822075
Understanding the roots of human cooperation among strangers is of great importance for solving pressing social … dilemmas and maintening public goods in human societies. We study the development of cooperation in 929 young children, aged 3 … to 6. In a unified experimental framework, we examine which of three fundamental pillars of human cooperation – direct …
Persistent link: https://www.econbiz.de/10012547006