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In his famous book on a theory of justice, John Rawls argues that under some special conditions, referred to as an “original position,†people would unanimously choose as a principle of distributive justice, the principle of maximizing the welfare of the worst-off individual in the...
Persistent link: https://www.econbiz.de/10010812764
Experiments were performed on single-shot 2×2×2×2×2 games (five players with two strategies each). Variants of the following types of games were used: (1) no conflict, in which the “cooperative†strategy C is always more advantageous than the “noncooperative†strategy D;...
Persistent link: https://www.econbiz.de/10011166215