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Limited Rationality and Strategic Interaction - the Impact of the Strategic Environment on Nominal Inertia
Fehr, Ernst; Tyran, Jean-Robert - 2008
attribute less rationality to the other players …
Persistent link: https://www.econbiz.de/10014101526
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Is strong reciprocity a maladaptation? : on the evolutionary foundations of human altruism
Fehr, Ernst; Henrich, Joseph - 2003
In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in anonymous one-shot encounters with genetically...
Persistent link: https://www.econbiz.de/10011514175
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Is Strong Reciprocity a Maladaptation? On the Evolutionary Foundations of Human Altruism
Fehr, Ernst; Henrich, Joe - 2003
In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in anonymous one-shot encounters with genetically...
Persistent link: https://www.econbiz.de/10014088800
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Super-additive cooperation
Efferson, Charles; Bernhard, Helen; Fischbacher, Urs; … - 2022
Repeated interactions provide a prominent but paradoxical hypothesis for human cooperation in one-shot interactions. Intergroup competitions provide a different hypothesis that is intuitively appealing but heterodox. We show that neither mechanism reliably supports the evolution of cooperation...
Persistent link: https://www.econbiz.de/10013465492
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Individual Irrationality and Aggregate Outcomes
Fehr, Ernst; Tyran, Jean-Robert - Institut für Schweizerisches Bankwesen <Zürich> - 2005
There is abundant evidence that many individuals violate the rationality assumptions routinely made in economics …. However, powerful evidence also indicates that violations of individual rationality do not necessarily refute the aggregate … predictions of standard economic models that assume full rationality of all agents. Thus, a key question is how the interactions …
Persistent link: https://www.econbiz.de/10005858769
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Individual Irrationality and Aggregate Outcomes
Fehr, Ernst; Tyran, Jean-Robert - Institut für Volkswirtschaftslehre, …
There is abundant evidence that many individuals violate the rationality assumptions routinely made in economics …. However, powerful evidence also indicates that violations of individual rationality do not necessarily refute the aggregate … predictions of standard economic models that assume full rationality of all agents. Thus, a key question is how the interactions …
Persistent link: https://www.econbiz.de/10005627960
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Is Strong Reciprocity a Maladaptation? On the Evolutionary Foundations of Human Altruism
Fehr, Ernst; Henrich, Joseph - 2003
In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in anonymous one-shot encounters with genetically...
Persistent link: https://www.econbiz.de/10010262063
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Appropriating the Commons - A Theoretical Explanation
Falk, Armin; Fehr, Ernst; Fischbacher, Urs - C.E.P.R. Discussion Papers - 2001
In this Paper we show that a simple model of fairness preferences explains major experimental regularities of common pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without sanctioning possibilities inefficient excess appropriation is...
Persistent link: https://www.econbiz.de/10005123667
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Do addicts behave rationally?
Fehr, Ernst - In: The Scandinavian journal of economics 100 (1998) 3, pp. 643-662
Persistent link: https://www.econbiz.de/10001252378
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Theories of fairness and reciprocity : evidence and economic applications
Fehr, Ernst; Schmidt, Klaus M. - 2000
Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...
Persistent link: https://www.econbiz.de/10011397676