Showing 1 - 10 of 759
Despite the accumulation of research on indirect reciprocity over the past 30 years and the publication of over 100 … reciprocity and identify the issues that have been resolved and the ones that remain to be resolved. This manuscript introduces … indirect reciprocity in the context of the evolution of cooperation, basic models of social dilemma situations, the path taken …
Persistent link: https://www.econbiz.de/10012431933
Intensive studies on indirect reciprocity have explored rational assessment rules for maintaining cooperation and …
Persistent link: https://www.econbiz.de/10012167923
Social dilemmas are among the most puzzling issues in the biological and social sciences. Extensive theoretical efforts have been made in various realms such as economics, biology, mathematics, and even physics to figure out solution mechanisms to the dilemma in recent decades. Although...
Persistent link: https://www.econbiz.de/10012015563
We propose a dual selves model to integrate affective responses and belief-dependent emotions into game theory. We …. More concretely, emotions affect utilities, and the expression of emotions depends on updated beliefs. Modeling affective …
Persistent link: https://www.econbiz.de/10012062314
We present a model of boundedly rational play in single-shot 2 × 2 games. Players choose strategies based on the perceived salience of their own payoffs and, if own-payoff salience is uninformative, on the perceived salience of their opponent's payoffs. When own payoffs are salient, the model's...
Persistent link: https://www.econbiz.de/10011383906
The paper presents a complete information model of bidding in second price sealed-bid and ascending-bid (English) auctions, in which potential buyers know the unit valuation of other bidders and may spitefully prefer that their rivals earn a lower surplus. Bidders with spiteful preferences...
Persistent link: https://www.econbiz.de/10009752417
This paper uses the framework of stochastic games to propose a model of emotions in repeated interactions. An emotional … player has a positive (negative) concern for other players' material payoffs. This paper shows how emotions can both … infinitely repeated games with two emotional players less patience is required to sustain cooperation. However, emotions can also …
Persistent link: https://www.econbiz.de/10012432312
We propose a simple model for why we have more trust in people who cooperate without calculating the associated costs. Intuitively, by not looking at the payoffs, people indicate that they will not be swayed by high temptations to defect, which makes them more attractive as interaction partners....
Persistent link: https://www.econbiz.de/10011383783
Researchers are increasingly exploring the role of emotions in interactive decision‐making. Recent theories have … focused on the interpersonal effects of emotions-the influence of the decisionmaker’s expressed emotions on observers …
Persistent link: https://www.econbiz.de/10011620802
aggression. In this lab experiment, we find that adopting an objective attitude (objective), through a form of emotion regulation … emotions could decrease the use of punishments while keeping welfare high, possibly depending on pre-existing levels of … net earnings and self-reported emotions compared to a control condition (natural). Although the interaction between the …
Persistent link: https://www.econbiz.de/10011621328