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Förster, Manuel; Grabisch, Michel; Rusinowska, Agnieszka - 2013

We study a stochastic model of influence where agents have "yes" or "no" inclinations on some issue, and opinions may change due to mutual influence among the agents. Each agent independently aggregates the opinions of the other agents and possibly herself. We study influence processes modelled...

Persistent link: https://www.econbiz.de/10009756274

Punish and perish?

Antoci, Angelo; Zarri, Luca - 2011

The evolution of large-scale cooperation among genetic strangers is a fundamental unanswered question in the social sciences. Behavioral economics has persuasively shown that so called "strong reciprocity" plays a key role in accounting for the endogenous enforcement of cooperation. Insofar as...

Persistent link: https://www.econbiz.de/10009298308

On the size and structure of group cooperation

Haag, Matthew; Lagunoff, Roger D. - 2003

This paper examines characteristics of cooperative behavior in a repeated, n-person, continuous action generalization of a Prisoner's Dilemma game. When time preferences are heterogeneous and bounded away from one, how "much" cooperation can be achieved by an ongoing group? How does group...

Persistent link: https://www.econbiz.de/10011593869

Long-run investment under uncertain demand

Di Corato, Luca; Moretto, Michele; Vergalli, Sergio - 2013

In the literature investigating the impact of uncertainty on short-run and long-run investment, most authors have used a log linear profit function. This functional form has been generally considered a reasonable approximation for more general ones and has the advantage of providing closed form...

Persistent link: https://www.econbiz.de/10010189451

Separating Bayesian updating from non-probabilistic reasoning : an experimental investigation

Levin, Dan; Peck, James; Ivanov, Asen - 2015

Through a series of decision tasks involving colored cards, we provide separate measures of Bayesian updating and non-probabilistic reasoning skills. We apply these measures to (and are the first to study) a common-value Dutch auction. This format is more salient than the strategically...

Persistent link: https://www.econbiz.de/10011405312

Inducing environmental co-operation by the design of emission permits

Ohl, Cornelia - 2002

Strategies of international risk management, as the implementation of tradable emission permits, feed back to the incentive structure of a treaty, like the Kyoto Protocol. Discussing the Kyoto Protocol the question was: Should there be any restrictions on the trading of emission permits or not?...

Persistent link: https://www.econbiz.de/10011597013

The stability and effectiveness of climate coalitions : a comparative analysis of multiple integrated assessment models

Lessmann, Kai; Kornek, Ulrike; Bosetti, Valentina; … - 2014

In this paper we report results from a comparison of numerically calibrated game theoretic integrated assessment models that explore stability and performance of international coalitions for climate change mitigation. Specifically, by means of this ensemble of models we are able to identify...

Persistent link: https://www.econbiz.de/10010232324

Domestic politics and the formation of international environmental agreements

Dietz, Simon; Marchiori, Carmen; Tavoni, Alessandro - 2012

offering to fund political campaigning. We use the model to establish some general conditions for the effects of lobbying on … functional forms, we obtain a range of further results, including circumstances in which the omission of lobbying results in … environmental protection being underestimated. -- Game Theory ; International Environmental Agreements ; Lobbying ; Special …

Persistent link: https://www.econbiz.de/10009632867

Identity, homophily and in-group bias

Currarini, Sergio; Menge, Friederike - 2012

Many Social Interactions display either or both of the following well documented phenomena. People tend to interact with similar others (homophily). And they tend to treat others more favorably if they are perceived to share the same identity (in-group bias). While both phenomena involve some...

Persistent link: https://www.econbiz.de/10009539289

Profit sharing under the threat of nationalization

Di Corato, Luca - 2010

A government bargains a mutually convenient agreement with a multinational corporation to extract a natural resource. The corporation bears the initial investment and earns as a return a share on the profits. The host country provides access and guarantee conditions of operation. Being the...

Persistent link: https://www.econbiz.de/10008699636

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