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take risks to initiate coordination." …
Persistent link: https://www.econbiz.de/10009468335
of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader …
Persistent link: https://www.econbiz.de/10009468337
"In this study, individual level behavior is investigated in the context of computer assisted voluntary contribution mechanism public good (VCM) provision experiments and common pool resource (CPR) appropriation experiments. Previous studies of these environments have concentrated on aggregate...
Persistent link: https://www.econbiz.de/10009468340
"Our focus in this paper is with the transaction costs inherent in most decision making settings. We specifically investigate an "institution free" collective choice mechanism that includes costs to calling votes. A set of models show that under low costs (i.e., where no cost-induced equilibrium...
Persistent link: https://www.econbiz.de/10009468404
"One of the successes in contemporary social science is the development and proliferation of game theory. For a wide … range of phenomena, game theory produces enormous insight into the strategic interaction of individuals. Its greatest power …, information aggregation or when confronting large-scale social dilemmas. However, as Ostrom (1998) reminds us, game theory also …
Persistent link: https://www.econbiz.de/10009468443
Subsequently published as:"Incorporating Motivational Heterogeneity into Game Theoretic Models of Collective Action." Public Choice, 117, 2003, 295-315."Understanding cooperation in the context of social dilemma games is fundamental to understanding how alternative institutional arrangements may...
Persistent link: https://www.econbiz.de/10009468400
"We are concerned here with the creation of non-market institutions for reducing the cost of risk in poor agrarian societies that operate at low levels of technology without the benefits of insurance, credit and other intertemporal markets. 1 Institutions, the formal and informal rules that...
Persistent link: https://www.econbiz.de/10009468491
of the firm. In such a theory, the firm exists as the solution to a coordination problem in a world of change and …The entrepreneurial theory of the firm argues that entrepreneurship, properly understood, is a crucial but neglected … element in explaining the nature and boundaries of the firm. By contrast, the theory of the entrepreneurial firm presumably …
Persistent link: https://www.econbiz.de/10009430025
growth in the region, qualitative knowledge about diffusion of employment practices in this region, and about coordination of … coordination between MNCs, local actors, and international actors in shaping employment practices, their diffusion from … be achieved. To explain this, we apply several coordination games between management and trade unions in the empirical …
Persistent link: https://www.econbiz.de/10009460060
We examine a problem with n players each facing the same binary choice. One choice is superior to the other. The simple assumption of competition - that an individual's payoff falls with a rise in the number of players making the same choice, guarantees the existence of a unique symmetric...
Persistent link: https://www.econbiz.de/10009481305