Showing 1 - 10 of 6,312
Persistent link: https://www.econbiz.de/10012037915
Persistent link: https://www.econbiz.de/10011781754
Persistent link: https://www.econbiz.de/10003794319
Persistent link: https://www.econbiz.de/10011339774
Persistent link: https://www.econbiz.de/10011647166
Experiments evaluate the fit of the Shapley-Shubik Power Index to a controlled human environment. Subjects with differing votes divide a fixed purse by majority rule in online chat rooms under supervision. Earnings serve as a measure of power. Chat rooms and processes for selecting subjects...
Persistent link: https://www.econbiz.de/10014222269
Persistent link: https://www.econbiz.de/10009511630
Persistent link: https://www.econbiz.de/10011396639
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...
Persistent link: https://www.econbiz.de/10011398368
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/10011398786