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Do people blame or praise others for producing negative or positive externalities? The experimental philosopher Knobe … conducted a questionnaire study that revealed that people blame others for foreseen negative externalities but do not praise … higher economic status and the positive externalities are small. Switching economic power makes the Knobe effect vanish. The …
Persistent link: https://www.econbiz.de/10008462974
the same time, exerts negative externalities on the non-acquiring bidders. Both the bidders' valuations of the good and …
Persistent link: https://www.econbiz.de/10005090587
more subjects travel on it. In the first experiment, values of time are assigned to subjects. Subjects generally sort …, coordination problems diminish as value-of-time heterogeneity increases. The second experiment simulates a boring commute in which … experiment by traveling on the toll route. In this experiment, some subjects travel the toll route frequently, giving up some of …
Persistent link: https://www.econbiz.de/10011131681
. We run an experiment which lends force to the theoretical result that outcomes may be inefficient. However, subjects do … not play Nash and the experimental outcome is, on average, even more inefficient than the theory predicts. Our analysis …
Persistent link: https://www.econbiz.de/10010894751
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The article distinguishes the scientist of the opinable thing, because the epistemology must explain: the nature and the path to obtain the concepts and scientific theories; the methodology with which one threads the laws and theories that give sustenance to sciences. This is the importance of...
Persistent link: https://www.econbiz.de/10005551541
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goods games and we use the Business Transaction Theory as a basic layer for information valuation. Payoff matrices as they … are used in evolutionary game theory are also applied. Our motivation to use artificial agents is manifold. First, we are …
Persistent link: https://www.econbiz.de/10011279017
This paper presents the main features and some simulation results for the DEPINT system, a multi-agent system conceived to illustrate some essential aspects of a social reasoning mechanism (Sichman, 1995), based on the notion of social dependence (Castelfranchi et al., 1992). This social...
Persistent link: https://www.econbiz.de/10005292600