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Altruism, fairness and evolution : the case for repeated stochastic games

Veelen, Matthijs van - 2002

This paper is an effort to convince the reader that using a stochastic stage game in a repeated setting - rather than a deterministic one - comes with many advantages. The first is that as a game it is more realistic to assume that payoffs in future games are uncertain. The second is that it...

Persistent link: https://www.econbiz.de/10011327836

Axiomatizations of a positional power score and measure for hierarchies

Brink, René van den; Steffen, Frank - 2008

Persistent link: https://www.econbiz.de/10003811430

Axiomatizations of a positional power score and measure for hierarchies

Brink, René van den; Steffen, Frank - 2008

actors. While such an analysis informs us about the authority structure within an organization, it ignores the decision …-making mechanisms completely. The few studies which take into account the decision-making mechanisms make all use of adaptations of well … a class of decision-making mechanisms which allow certain actors to terminate a decision before all other members have …

Persistent link: https://www.econbiz.de/10011377381

Deal or no deal? : decision-making under risk in a large-payoff game show

Post, Thierry; Baltussen, Guido; Assem, Martijn J. van den - 2006

We examine the risky choices of contestants in the popular TV game show “Deal or No Deal” and related classroom experiments. Contrary to the traditional view of expected utility theory, the choices can be explained in large part by previous outcomes experienced during the game. Risk aversion...

Persistent link: https://www.econbiz.de/10011348343