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Sustaining cooperation in trust games
Rigdon, Mary; McCabe, Kevin; Smith, Vernon - Volkswirtschaftliche Fakultät, … - 2001
It is well-known in evolutionary game theory that population clustering in Prisoner's Dilemma games allows some cooperative strategies to invade populations of stable defecting strategies. We adapt this idea of population clustering to a two-person trust game. Without knowing it, players are...
Persistent link: https://www.econbiz.de/10005619994
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SuperMontage in the American Securities Markets Context
Senn, Myriam - Volkswirtschaftliche Fakultät, … - 2002
The approval of NASDAQ'S SuperMontage was described as a challenge for the regulators. SuperMontage raises issues in relation to market structure, fragmentation and competition.
Persistent link: https://www.econbiz.de/10005836477
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African Development,Partnership and Rationality Challenge:An Exposition
NWAOBI, GODWIN - Volkswirtschaftliche Fakultät, … - 2013
Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa’s economy is the least...
Persistent link: https://www.econbiz.de/10011259767
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Challenges of formal social security systems in Sudan
Mohamed, Issam A.W. - Volkswirtschaftliche Fakultät, … - 2011
The present paper discusses issues of challenges of social security systems in Sudan. Following parameters advanced by ILO and UNCOSOC, those systems are analyzed. The conclusions focus on their applicability that faces axial difficulties mainly presented in the state of institutional...
Persistent link: https://www.econbiz.de/10009147591
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Economists: cheaters with altruistic instincts
Muñoz-Izquierdo, Nora; Gil-Gómez de Liaño, Beatriz; … - Volkswirtschaftliche Fakultät, … - 2014
Based on an experiment conducted with undergraduate students from three different majors (business economics, psychology and engineering), we study the relationship between honesty and altruism. We asked participants to toss a coin with a black and a white side. Participants won a chocolate if...
Persistent link: https://www.econbiz.de/10011112577
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Значение лингва франка для продвижения концепции устойчивого развития
Walter, Arthur - Volkswirtschaftliche Fakultät, … - 2012
The paper covers the significance of Lingua franca not only as a language of intercultural communications, but also as a necessary component of the adequate satisfaction of fundamental human needs and of the prevention of socio-economic pathologies. It is stressed in the paper that the...
Persistent link: https://www.econbiz.de/10011258196
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Estabilidad política y tributación
Estrada, Fernando; Mutascu, Mihai; Tiwari, Aviral - Volkswirtschaftliche Fakultät, … - 2011
The present study is, in particular, an attempt to test the relationship between tax level and political stability by using some economic control variables and to see the relationship among government effectiveness, corruption, and GDP. For the purpose, we used the Vector Autoregression (VAR)...
Persistent link: https://www.econbiz.de/10009220107
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When are Signals Complements or Substitutes?
Börgers, Tilman; Hernando-Veciana, Angel; Krähmer, Daniel - Volkswirtschaftliche Fakultät, … - 2010
The paper introduces a notion of complementarity (substitutability) of two signals which requires that in all decision … characterization which relates com- plementarity and substitutability to a Blackwell comparison of two auxiliary signals. In a setting … with a binary state space and binary signals, we find an explicit characteriza- tion that permits an intuitive …
Persistent link: https://www.econbiz.de/10008855554
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The Analysis of Volatility of Selected Countries' Exchange Rates
Bednarik, Radek - Volkswirtschaftliche Fakultät, … - 2008
This paper is focused on the historical development of selected exchange rates' volatility, that is: AUD, CAD, DEM, DKK …, EUR, FRF, GBP, JPY, SEK and CHF against USD. The paper aims to show that relatively large increment of exchange markets …
Persistent link: https://www.econbiz.de/10005014733
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A Functional Imaging Study of Cooperation in Two-Person reciprocal Exchange
McCabe, Kevin; Houser, Daniel; Ryan, Lee; Smith, Vernon; … - Volkswirtschaftliche Fakultät, … - 2001
Cooperation between individuals requires the ability to infer each other’s mental states to form shared expectations over mutual gains and make cooperative choices that realize these gains. From evidence that the ability for mental state attribution involves the use of prefrontal cortex, we...
Persistent link: https://www.econbiz.de/10005616998