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against risk. We work within the framework originally established by Berg, Dickhaut and McCabe (1995) in which trust is …’s risk efficacy, or ratio of assets to risk. …
Persistent link: https://www.econbiz.de/10005244977
against risk. We work within the framework originally established by Berg, Dickhaut, and McCabe (1995) in which trust is … strengthens the first player’s risk efficacy, or ratio of assets to risk. …
Persistent link: https://www.econbiz.de/10010577287
An agent may be able to address a task at different times, with the state of nature more favorable to the task in some periods over others. Success on a task will therefore more greatly improve the agent's reputation following success on a task if he is constrained in choosing when to address...
Persistent link: https://www.econbiz.de/10010959972
In 2005, Uganda’ government fundamentally shifted the direction of its microfinance (MF) policy. Hitherto it had focused on integrating MF institutions into the financial sector, allowing them to take deposits. Since 2005, it focuses on savings and credit cooperatives (SACCOs); with government...
Persistent link: https://www.econbiz.de/10011260487
Since the beginning of transition in 1990 from a centrally planned to a market oriented economy, the performance of Poland’s economy has been outstanding if we take GDP growth as our measure. It is not specific reforms that can explain this performance but the radical (“big bang”) reforms...
Persistent link: https://www.econbiz.de/10010544320
According to the Lisbon Treaty the increasing cost of enforcing the European border against immigration shall be shared among the EU members. Nonetheless, the Treaty is rather vague with respect to the "appropriate measures" to adopt in order to distribute the financial burden. Members who do...
Persistent link: https://www.econbiz.de/10009294959
Triggered by the phenomenon of globalisation, during recent years there has been a process of State policy rationalisation in the social expenditure domain; hence the debate over the present role and dimension of welfare state has intensified. Following on the extensive multidisciplinary...
Persistent link: https://www.econbiz.de/10008516563
This paper analyzes Japanese bilateral EPA negotiations, focusing on the areas that each country decided were most important, as well as which actors played the most important roles in each set of negotiations. The negotiations with Mexico and Thailand, which tried to increase agricultural...
Persistent link: https://www.econbiz.de/10005222500
In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their "exclusiveness" we find that these...
Persistent link: https://www.econbiz.de/10010950707
In this paper, we develop an agent-based model of a market game in order to evaluate the effectiveness of the UK government’s 2008-2010 policy on promoting smart metering. We also consider possible supplementary strategies. With the model, we test the effectiveness of four possible strategy...
Persistent link: https://www.econbiz.de/10005783766