Showing 1 - 4 of 4
We fuse a social dilemma game and a game pitting the group against nature, where the group's probability of avoiding disaster depends on the resources it raises from members. The result is the Nederlander-Prisoner's Dilemma Game where the cost of failure is equally shared. We introduce the...
Persistent link: https://www.econbiz.de/10009773105
Persistent link: https://www.econbiz.de/10012693490
We fuse a social dilemma game and a game pitting the group against nature, where the group's probability of avoiding disaster depends on the resources it raises from members. The result is the Nederlander-Prisoner's Dilemma Game where the cost of failure is equally shared. We introduce the...
Persistent link: https://www.econbiz.de/10010333550
We give the conditions for the attainment of self-enforcing Pareto efficiency under complete effort non-observability, strict agent rationality and global budget balance among teams involved in a winner-takes-all contest for a prize. Employing Nash conjectures and fixed fee financing of the...
Persistent link: https://www.econbiz.de/10010856222