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Persistent link: https://www.econbiz.de/10009327801
We define social reciprocity as the act of demonstrating one's disapproval, at some personal cost, for the violation of widely-held norms (e.g., don't free ride). Social reciprocity differs from standard notions of reciprocity because social reciprocators intervene whenever a norm is violated...
Persistent link: https://www.econbiz.de/10005823004
This paper examines the evolution of agent strategies in a commons dilemma using a tag interaction model. Using a tag … experiments examine the impact of openness on the evolution of agent strategies. The paper shows the emergence of cooperation …
Persistent link: https://www.econbiz.de/10009002610
Acquiring the knowledge they need to organize new businesses is a life-long learning process for nascent entrepreneurs … critical questions and a research agenda for learning and organizing in new ventures. Copyright Springer-Verlag Berlin …
Persistent link: https://www.econbiz.de/10010759862
Heterogeneous agent models for financial markets have provided explanations for many empirical regularities of relatively high frequency (hourly/daily) financial time series. They have been much quieter when it comes to longer range features. This paper examines a simplified computational...
Persistent link: https://www.econbiz.de/10010849934
This paper studies the evolution of peoplesʼ models of how other people think – their theories of mind. This is … results are extended to a model of learning, in which type k plays a k times iterated best response the average of past play …
Persistent link: https://www.econbiz.de/10011049877
This paper tries to account for endogenous change of multi-level routines in terms of nested cycles of discovery, in a hierarchy of scripts.Higher-level scripts constitute the selection environment for lower level ones.On any level, a cycle of discovery proceeds from established dominant...
Persistent link: https://www.econbiz.de/10011091106
Using insights from 'embodied cognition' and a resulting 'cognitive theory of the firm', I aim to contribute to the further development of evolutionary theory of organizations, in the specification of organizations as 'interactors' that carry organizational competencies as 'replicators', within...
Persistent link: https://www.econbiz.de/10011092839
learning or evolution processes followed by boundedly rational players, however observing the past plays. A Nash equilibrium …
Persistent link: https://www.econbiz.de/10011187216
This study considers pure coordination games on networks and the waiting time for an adaptive process of strategic change to achieve efficient coordination. Although it is in the interest of every player to coordinate on a single globally efficient norm, coalitional behavior at a local level can...
Persistent link: https://www.econbiz.de/10011188072