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Decisions and performance under bounded rationality : a computational benchmarking approach
Zēgners, Dainis; Sunde, Uwe; Strittmatter, Anthony - 2020
This paper presents a novel approach to analyze human decision-making that involves comparing the behavior of professional chess players relative to a computational benchmark of cognitively bounded rationality. This benchmark is constructed using algorithms of modern chess engines and allows...
Persistent link: https://www.econbiz.de/10012499843
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Bargaining costs and investment in socially optimal tastes
Guttman, Joel M.; Nitsan, Shemuʾel; Spiegel, Uriel - 1987
Persistent link: https://www.econbiz.de/10000744257
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Terror as a bargaining instrument : a case-study of dowry violence in rural India
Bloch, Francis; Rao, Vijayendra - 1999
Persistent link: https://www.econbiz.de/10001430456
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Dominance and equilibrium in two-person alternating-offer bargaining with an endogenous deadline
Vannetelbosch, Vincent J. - 1995
Persistent link: https://www.econbiz.de/10000926220
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Bargaining with an endogenous deadline
Vannetelbosch, Vincent J. - 1996
Persistent link: https://www.econbiz.de/10000936609
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Politically induced regulatory risk and independent regulatory agencies
Strausz, Roland - 2017
Uncertainty in election outcomes generates politically induced regulatory risk. For monopoly regulation, political parties' risk attitudes towards such risk depend on a fluctuation effect that hurts both parties and an output-expansion effect that benefits at least one party. Irrespective of the...
Persistent link: https://www.econbiz.de/10011705495
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The EMU consolidation game - or: Does 3.0 really mean 3.0?
Heinemann, Friedrich - 1998
Within the economic profession, it is a widely held view that the fiscal criteria of the Maastricht treaty are arbitrary numbers without economic foundation. Much of this criticism seems to overlook an important aspect - the strategic dimension of the criteria. This paper focuses on one...
Persistent link: https://www.econbiz.de/10013428121
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Auctions versus negotiations : the effects of inefficient renegotiation
Herweg, Fabian; Schmidt, Klaus M. - 2017 - This version: January 29, 2017
-only auction (discouraging early information exchange) and bilateral negotiations with a preselected seller (reducing competition …). Bilateral negotiations are superior if potential design improvements are important, if renegotiation is particularly costly, and … if the buyer's bargaining position is strong. Moreover, negotiations provide stronger incentives for sellers to …
Persistent link: https://www.econbiz.de/10011596132
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Labor market reforms, job instability, and the flexibility of the employment relationship
Matouschek, Niko (contributor); Ramezzana, Paolo (contributor) - 2008
Persistent link: https://www.econbiz.de/10003730708
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Entry and structures of interest groups in assignment games
Mo, Jie-ping - 1986 - Rev.
Persistent link: https://www.econbiz.de/10003533187