Showing 1 - 10 of 2,378
Persistent link: https://www.econbiz.de/10000938519
Most of the literature on the evolution of human pro-sociality looks at reasons why evolution made us not play the Nash equilibrium in prisoners' dilemmas or public goods games. We suggest that in order to understand human morality, and human prosocial behaviour, we should look at reasons why...
Persistent link: https://www.econbiz.de/10012427580
Public benefit-cost analysis of market policies often relies on a particular definition of market surplus that adds up consumer and producer surplus and external costs. This paper provides an overview of conceptual strategies to deal with moral considerations and then develops an adjusted market...
Persistent link: https://www.econbiz.de/10014233415
Alger and Weibull (2013) ask the question whether a combination of assortative matching and incomplete information leads to the evolution of moral or altruistic preferences. Their central result states that Homo Hamiltonenis - a type that has moral preferences with a morality parameter equal to...
Persistent link: https://www.econbiz.de/10014261141
Persistent link: https://www.econbiz.de/10000151633
Persistent link: https://www.econbiz.de/10000122534
Persistent link: https://www.econbiz.de/10003811430
works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …
Persistent link: https://www.econbiz.de/10011283474
There is an increasing demand for transport decisions to be made in thelight of some form of what may generically be called cost benefit analysis(CBA). The actual techniques may vary and often deviate quite significantlyfrom the conventional economic concept of CBA but in all cases theprocedures...
Persistent link: https://www.econbiz.de/10011284076
performance, together influence the decision to hold on to or to capitulate on an investment. We study the relative contribution … decision to capitulate an investment, however, only depends directly on the expectation about the stock’s future performance …. The adaptation level, by contrast, affects the actual investment decision indirectly via its impact on expectations. …
Persistent link: https://www.econbiz.de/10011377365