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The voluntary supply of collective goods by nonprofit institutions has deserved little attention in the Public Choice literature, and the clasical nonprofits approach does not consider nonprofits supply as a collective decision, although individuals, either as consumers or as donors, are in the...
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A common assumption, often accepted by regulators – that individuals act only in their narrow self-interest – is false. Evidence from both the natural and social sciences suggests that most people are strongly motivated to cooperate and help one another. Organizations (such as Toyota and...
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Within the area of Behavioral game theory, we focus on a specific context, namely, on a game we called the Alternative traveler's dilemma. In this context, we observe that participants tend to choose strictly dominated strategies. In order to explain similar tendencies in other games,...
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Within the area of Behavioral game theory, we focus on a specific context, namely, on a game we called the Alternative traveler’s dilemma. In this context, we observe that participants tend to choose strictly dominated strategies. In order to explain similar tendencies in other games,...
Persistent link: https://www.econbiz.de/10009668526
of economic agents when these changes are made. The experiment results indicate that an important factor is the risk …
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