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 …

the same time, exerts negative externalities on the non-acquiring bidders. Both the bidders' valuations of the good and …

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 …

. 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 …

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 …