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take risks to initiate coordination." …
Persistent link: https://www.econbiz.de/10009468335
We study a society of agents where individual incentives conflict with collective ones and thus individual utility maximization leads to inefficient outcomes. We assume that there is no functioning central institution which can control individual behavior. Instead, we analyze a system of what we...
Persistent link: https://www.econbiz.de/10011091336
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
The paper purports to stress how the two major contributions of Bacharach: "Variable Frame Theory" (VFT) and "Team … Reasoning" (TR) improve Standard Non-Cooperative Game Theory in some relevant aspects which I point out. The aims are to show …: (i) how Bacharach respectively justifies coordination and cooperation within these theories, and (ii) how these …
Persistent link: https://www.econbiz.de/10010860426
contrast, uncertainty about the catastrophic threshold typically causes coordination to collapse. Whether the probability …
Persistent link: https://www.econbiz.de/10010877724
transitional economies, the most significant of which are cooperation and coordination issues. …
Persistent link: https://www.econbiz.de/10010909568
Cluster initiatives can be classified as government & international organization's interventions in economic processes with the declared purpose of improving the competitiveness of manufacturers due to joining the efforts of the stakeholders. The positive clustering influence on employment and...
Persistent link: https://www.econbiz.de/10011261059
behavior in a coordination game with multiple equilibria and a public goods game, which has only one equilibrium in material …
Persistent link: https://www.econbiz.de/10005150913
Interest in low emissions development is growing in many parts of the world for both climate and nonclimate reasons. Yet in order to pursue low emissions development, gaps in knowledge and implementation capacity must first be identified and and then filled through peer-to-peer learning and...
Persistent link: https://www.econbiz.de/10009393290
Persistent link: https://www.econbiz.de/10009401935