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Economic harmony : a rational theory of fairness and cooperation in strategic interactions

Suleiman, Ramzi - In: Games 13 (2022) 3, pp. 1-21

-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard … account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its …

Persistent link: https://www.econbiz.de/10013252726

Bayesian Nash equilibria with a provision point : an experimental test

Johnson, Lowell R. - 1997

This paper extends theory and experimentation in the context of two parties in a group who contribute to a public good with a provision point. This study analyzes the voluntary contributions game in which a public good is provided if and only if the sum of contributions meets or exceeds a...

Persistent link: https://www.econbiz.de/10011577030

How beliefs influence the willingness to contribute to prevention expenditure

Schumacher, Ingmar - In: American journal of agricultural economics 97 (2015) 5, pp. 1417-1432

Persistent link: https://www.econbiz.de/10011386525

Maximin play in completely mixed strategic games

Pruzhansky, Vitaly - In: Theory and decision : an international journal for … 75 (2013) 4, pp. 543-561

Persistent link: https://www.econbiz.de/10010345040

Best responding to what? : a behavioral approach to one shot play in 2x2 games

Gallice, Andrea - 2007

' beliefs. Various proposals connected with the concept of mixed strategy Nash equilibrium do not match this description. On the … other hand minimax regret obeys all the axioms. Therefore we use minimax regret to approximate players' beliefs and we let … players best respond to these conjectured beliefs. When compared with existing experimental evidences about one shot matching …

Persistent link: https://www.econbiz.de/10010439356

To what do people contribute? : ongoing operations vs. sustainable supplies

Arbel, Yuval; Bar-El, Ronen; Schwarz, Mordechai E.; … - 2019

Attempts to curb illegal activity through regulation gets complicated when agents can adapt to circumvent enforcement. Economic theory suggests that conducting audits on a predictable schedule, and (counter-intuitively) at high frequency, can undermine the effectiveness of audits. We conduct a...

Persistent link: https://www.econbiz.de/10011985963

Matching in the Kolm triangle : interiority and participation constraints of matching equilibria

Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk T. G. - 2019

In this paper we show how the Kolm triangle method, which is a standard tool for visualizing allocations in a public good economy, can also be used to provide a diagrammatical exposition of matching mechanisms and their effects on public good supply and welfare. In particular, we describe, on...

Persistent link: https://www.econbiz.de/10012016875

A note on payoff equivalence of the volunteer's dilemma and the Stag Hunt game and inferiority of intermediate thresholds

Bolle, Friedel - In: International game theory review 17 (2015) 3, pp. 1-6

Persistent link: https://www.econbiz.de/10011392100

A simple supermodular mechanism that implements Lindahl allocations

Van Essen, Matthew - In: Journal of public economic theory 15 (2013) 3, pp. 363-377

Persistent link: https://www.econbiz.de/10009785575

Theoretical explanations of treatment effects in voluntary contributions experiments

Holt, Charles A.; Laury, Susan K. - 2008

Persistent link: https://www.econbiz.de/10003749876

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