Showing 1 - 10 of 542
In view of behavioral patterns left unorganized by current social preference theories, we propose a theory of reference … effects that are conditional on whether or not payoffs meet reference points. We verify the theory first by experimentally …
Persistent link: https://www.econbiz.de/10011110657
We report results from two different settings of a 3-player ultimatum game. Under the monocratic rule, a player is randomly selected to make an offer to two receivers. Under the democratic rule, all three players make a proposal, and one proposal is then extracted. A majority vote is required to...
Persistent link: https://www.econbiz.de/10005836873
We show and explain how generosity beyond that explainable by social preferences can manifest in bargaining. We analyze an ultimata game with two parties vying to coalesce with a randomly chosen proposer. They simultaneously demand shares of the surplus. The proposer must then make an offer that...
Persistent link: https://www.econbiz.de/10009323443
. Durch die Betrachtung der prognostizierten Effekte wird ein Abgleich der Theorie mit der Praxis erfolgen. Sowohl die … analyze the effects of the German unemployment insurance - the reality in Germany compared to the theory - an evaluation of …
Persistent link: https://www.econbiz.de/10008622251
Zeno's paradoxes of motion, which claim that moving from one point to another cannot be accomplished in finite time, seem to be of serious concern when moving towards an agreement is concerned. Parkinson's Law of Triviality implies that such an agreement cannot be reached in finite time. By...
Persistent link: https://www.econbiz.de/10008602750
In the proto-coalition model of government formation, formateur F appoints a proto-coalition and asks its members … whether to start negotiating a coalition contract. If all accept, then the proto-coalition forms and starts negotiating …; otherwise a caretaker government assumes office. I extend this model by allowing F to revise the chosen proto-coalition after …
Persistent link: https://www.econbiz.de/10008642697
The paper discusses opportunities to utilize the series of micro-blogs as provided by the Twitter in observation of opinion dynamics. The spontaneity of tweets is more, as the service is attached more to the mobile communications. The extraction of information in the series of tweets is...
Persistent link: https://www.econbiz.de/10008695068
The present analysis addresses the apparently critical issue of circulation of wealth in society. Three actors play the game of welfare-related taxation. The first actor, in the role of Negotiator No.1, stands up for citizens’ legal and moral rights to primary needs. The second actor, in the...
Persistent link: https://www.econbiz.de/10008565133
non-responsive to the groups' preferences and flexibility that pleases groups better. Within a strong coalition, interest … those of the legislature. With more congruence, a strong coalition is preferred. Finally, within a weak coalition, interest …
Persistent link: https://www.econbiz.de/10005621453
help make such rules effective include the presence of informal sanctions by peers, and implementation through voting. I … after both implemented and randomly overridden voting. I find that informal sanctions strengthen the effect of formal ones …
Persistent link: https://www.econbiz.de/10011107459