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This is the first draft of a chapter in a planned book on the Prisoner’s Dilemma, edited by Martin Peterson, to be published by Cambridge University Press. It discusses the nature of the conditionals involved in deliberation, taking the Prisoner's Dilemma game as point of departure.
Persistent link: https://www.econbiz.de/10010660769
As the workforce becomes increasingly diverse, motivating individuals from different backgrounds to work together effectively is a major challenge facing organizations. In an experiment conducted at a large public university in the United States, we manipulate the salience of participants'...
Persistent link: https://www.econbiz.de/10010753431
The theory of games (or game theory) is a mathematical theory that deals with the general features of competitive …
Persistent link: https://www.econbiz.de/10011166059
This book serves as an introduction to game theory for students with no prior game theory knowledge, or with limited … approach to game theory, while simultaneously exploring cooperative games, repeated play, correlated equilibrium, and a range …
Persistent link: https://www.econbiz.de/10008773980
conservatism, i.e., impairment loss. We use game theory to demonstrate that pairs of Big 4 auditors facing similar incentives are …
Persistent link: https://www.econbiz.de/10010781514
This article introduces a model of rationality that combines procedural utility over actions with consequential utility over payoffs. It applies the model to the Prisoners' Dilemma and shows that empirically observed cooperative behaviors can be rationally explained by a procedural utility for...
Persistent link: https://www.econbiz.de/10005081070
In contrast to the existing literature, which explains the recurrent cost problem as largely the result of institutional impediments to LDC welfare maximization, this paper analyzes the problem by constructing a series of scenarios in which the less developed country would be led to reduce the...
Persistent link: https://www.econbiz.de/10005619470
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind … ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by … the intention underlying this action. The theory explains the relevant stylized facts of a wide range of experimental …
Persistent link: https://www.econbiz.de/10005627997
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