Narrow search
Showing 1 - 10 of 245
Cover Image
Ad-valorem taxes, prices and content diversification in the news market
Pires, Armando José Garcia - In: Games 14 (2023) 2, pp. 1-28
In this paper, we look at two research questions. First, can lower ad-valorem taxes, on the selling of news and on the selling of advertising, conduce to lower prices in the media sector? Second, can lower ad-valorem taxes stimulate firms to increase the diversity of content that they offer? The...
Persistent link: https://www.econbiz.de/10014422282
Cover Image
Wage differences matter : an experiment of social comparison and effort provision when wages increase or decrease
Rojas-Fallas, Jose; Williams, J. Forrest - In: Games 11 (2020) 4/59, pp. 1- 12
Wage rates, efficiency wages, and gift exchange in a labor market are all crucial aspects in regard to designing … in wages (social comparison) and workers' effort provision. We conduct an experiment in which subjects perform effort … of subjects. We find that subjects' efforts respond strongly to information about others' wages. Such findings have …
Persistent link: https://www.econbiz.de/10012432429
Cover Image
Correcting for random budgets in revealed preference experiments
Mahmood, Mir Adnan; Rehbeck, John - In: Games 13 (2022) 2, pp. 1-14
Experiments on revealed preference often use budget sets that are randomly and independently drawn according to some criteria for each participant. However, this means that the budget sets faced by different individuals are not the same. This paper proposes a method to control for these...
Persistent link: https://www.econbiz.de/10013200186
Cover Image
Correcting for random budgets in revealed preference experiments
Mahmood, Mir Adnan; Rehbeck, John - In: Games 13 (2022) 2, pp. 1-14
Experiments on revealed preference often use budget sets that are randomly and independently drawn according to some criteria for each participant. However, this means that the budget sets faced by different individuals are not the same. This paper proposes a method to control for these...
Persistent link: https://www.econbiz.de/10013172519
Cover Image
Optimal incentives in a principal-agent model with endogenous technology
Marini, Marco A.; Polidori, Paolo; Teobaldelli, Désirée; … - In: Games 9 (2018) 1, pp. 1-13
One of the standard predictions of the agency theory is that more incentives can be given to agents with lower risk aversion. In this paper, we show that this relationship may be absent or reversed when the technology is endogenous and projects with a higher efficiency are also riskier. Using a...
Persistent link: https://www.econbiz.de/10011852723
Cover Image
Behavioural isomorphism, cognitive economy and recursive thought in non-transitive game strategy
Dyson, Benjamin J. - In: Games 10 (2019) 3, pp. 1-14
Game spaces in which an organism must repeatedly compete with an opponent for mutually exclusive outcomes are critical methodologies for understanding decision-making under pressure. In the non-transitive game rock, paper, scissors (RPS), the only technique that guarantees the lack of...
Persistent link: https://www.econbiz.de/10012227777
Cover Image
Team production and esteem: A dual selves model with belief-dependent preferences
Greiff, Matthias - In: Games 10 (2019) 3, pp. 1-20
We propose a dual selves model to integrate affective responses and belief-dependent emotions into game theory. We apply our model to team production and model a worker as being composed of a rational self, who chooses effort, and an emotional self, who expresses esteem. Similar to psychological...
Persistent link: https://www.econbiz.de/10012227778
Cover Image
Team production and esteem : a dual selves model with belief-dependent preferences
Greiff, Matthias - In: Games 10 (2019) 3/33, pp. 1-20
We propose a dual selves model to integrate affective responses and belief-dependent emotions into game theory. We apply our model to team production and model a worker as being composed of a rational self, who chooses effort, and an emotional self, who expresses esteem. Similar to psychological...
Persistent link: https://www.econbiz.de/10012062314
Cover Image
Behavioural isomorphism, cognitive economy and recursive thought in non-transitive game strategy
Dyson, Benjamin J. - In: Games 10 (2019) 3/32, pp. 1-14
Game spaces in which an organism must repeatedly compete with an opponent for mutually exclusive outcomes are critical methodologies for understanding decision-making under pressure. In the non-transitive game rock, paper, scissors (RPS), the only technique that guarantees the lack of...
Persistent link: https://www.econbiz.de/10012062319
Cover Image
Optimal incentives in a principal-agent model with endogenous technology
Marini, Marco; Polidori, Paolo; Teobaldelli, Désirée; … - In: Games 9 (2018) 1/6, pp. 1-13
One of the standard predictions of the agency theory is that more incentives can be given to agents with lower risk aversion. In this paper, we show that this relationship may be absent or reversed when the technology is endogenous and projects with a higher efficiency are also riskier. Using a...
Persistent link: https://www.econbiz.de/10011848346