Showing 1 - 10 of 130
Individuals have a strong tendency to coordinate with all their neighbors on social and economics networks. Coordination is often influenced by intrinsic preferences among the available options, which drive people to associate with similar peers, i.e., homophily. Many studies reported that...
Persistent link: https://www.econbiz.de/10012062102
The current study aims to investigate how the presence of social norms defines belief formation on future changes in social identity (i.e., diachronic identity), and how those beliefs affect individual decisions under uncertainty. The paper proposes a theoretical model in which individuals have...
Persistent link: https://www.econbiz.de/10012227742
The current study aims to investigate how the presence of social norms defines belief formation on future changes in social identity (i.e., diachronic identity), and how those beliefs affect individual decisions under uncertainty. The paper proposes a theoretical model in which individuals have...
Persistent link: https://www.econbiz.de/10012014965
Individuals have a strong tendency to coordinate with all their neighbors on social and economics networks. Coordination is often influenced by intrinsic preferences among the available options, which drive people to associate with similar peers, i.e., homophily. Many studies reported that...
Persistent link: https://www.econbiz.de/10012227761
Social learning often occurs between groups with different levels of experience. Yet little is known about the ideal behavioral rules in such contexts. Existing insights only apply when individuals learn from each other in the same group. In this paper, we close this gap and consider two groups,...
Persistent link: https://www.econbiz.de/10013368210
In this work, we explore the role of learning dynamics and social norms in human cooperation on networks. We study the model recently introduced in [Physical Review E, 97, 042321 (2018)] that integrates the well-studied Experience Weighted Attraction learning model with some features...
Persistent link: https://www.econbiz.de/10012014880
excessive trust of the receiver, our results are not distinguished from those in the one-sender model. Regarding the Choice Game …
Persistent link: https://www.econbiz.de/10013200017
excessive trust of the receiver, our results are not distinguished from those in the one-sender model. Regarding the Choice Game …
Persistent link: https://www.econbiz.de/10012431852
We propose a framework in order to econometrically estimate case-based learning and apply it to empirical data from twelve 2 × 2 mixed strategy equilibria experiments. Case-based learning allows agents to explicitly incorporate information available to the experimental subjects in a simple,...
Persistent link: https://www.econbiz.de/10012432206
We propose a simple model for why we have more trust in people who cooperate without calculating the associated costs …
Persistent link: https://www.econbiz.de/10011709861