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reinforcement learning models than with belief-based models. Showing level-2 rationality (i.e., reasoning about others' beliefs) is … egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co … process level to the validity of modeling behavior using low-rationality reinforcement learning models. …
Persistent link: https://www.econbiz.de/10010328516
experiment and coordination at societal level are needed, toward adaptive governance, and that organizations can contribute to …
Persistent link: https://www.econbiz.de/10013166095
This paper addresses the role of affect and emotions in shaping the behavior of responders in the ultimatum game. A huge amount of research shows that players do not behave in an economically rational way in the ultimatum game, and emotional mechanisms have been proposed as a possible...
Persistent link: https://www.econbiz.de/10010369357
structures and capacities that a modern effective state, capable of a strong and persistent, but learning and adapting …
Persistent link: https://www.econbiz.de/10011650556
direct and indirect connections. In addition to forming (costly) links, agents choose actions for a coordination game that … determines the level of decay of each link. We address the issues of coordination (long-run equilibrium selection) and network …
Persistent link: https://www.econbiz.de/10010294802
networks, and the re-purposing and de-commissioning of, and access to, natural gas networks in the EU. This paper analyses the … impact of this framework on the existing natural gas networks and the emerging hydrogen network, and seeks to establish … phasing in hydrogen networks and phasing out natural gas networks - either through re-purposing or de-commissioning - will be …
Persistent link: https://www.econbiz.de/10014540133
In this paper we present the results of an experiment aimed at testing the ability of consumers to coordinate actions in a market in which network externalities are present. Such markets are characterized by the necessity for consumers to believe that a certain minimum number of people will buy...
Persistent link: https://www.econbiz.de/10013204718
what kind of formats are in place related to coordination and networking of border regions within national settings. The …, namely centralist, decentral and selective coordination as well as transnational and laisser-faire approaches. On this basis …
Persistent link: https://www.econbiz.de/10014340635
The use of coarse categories is prevalent in various situations and has been linked to biased economic outcomes, ranging from discrimination against minorities to empirical anomalies in financial markets. In this paper we study economic rationales for categorizing coarsely. We think of the way...
Persistent link: https://www.econbiz.de/10011380993
In this research, we analyze the influence of two alliance management capabilities, coordination and … interorganizational learning, on the performance of alliances for innovation. By adopting a contingency view, we explore whether the … alliance management capabilities are not equally effective across different contexts. Alliance coordination capabilities become …
Persistent link: https://www.econbiz.de/10013327689