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Warm-glow refers to other-serving behavior that is valuable for the actor per se, apart from its social implications. We provide axiomatic foundations for warm-glow by viewing it as a form of preference for larger choice sets driven by one's desire for freedom to act selfishly. Specifically, an...
Persistent link: https://www.econbiz.de/10010391946
Fudenberg et Kreps (1993), Young (1993), et Sela et Herreiner (1999) ont souligné l'insuffisance du critère de convergence en croyances du processus de Fictitious Play dans un cadre d'apprentissage des équilibres de Nash. En conséquence, nous choisissons d'étudier la convergence en...
Persistent link: https://www.econbiz.de/10004985385
altruism, exchange and risk sharing hypotheses. Econometrical investigations, with Russia Longitudinal Monitoring Survey data … for 2002, show that private transfers can’t be explained by altruism but rather by reciprocity. More precisely, in poor …
Persistent link: https://www.econbiz.de/10005379184
altruism, exchange and risk sharing hypotheses. Econometrical investigations, with Russia Longitudinal Monitoring Survey data … for 2002, show that private transfers can’t be explained by altruism but rather by reciprocity. More precisely, in poor …
Persistent link: https://www.econbiz.de/10005697634
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