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Tragedy of the commons and evolutionary games in social networks : the economics of social punishment
Marco, Jorge; Goetz, Renan - 2017
This study revisits the problem of the tragedy of the commons. Extracting agents participate in an evolutionary game in a complex social network and are subject to social pressure if they do not comply with the social norms. Social pressure depends on the dynamics of the resource, the network...
Persistent link: https://www.econbiz.de/10011672530
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Tragedy of the Commons and Evolutionary Games in Social Networks : The Economics of Social Punishment
Marco, Jorge - 2017
This study revisits the problem of the tragedy of the commons. Extracting agents participate in an evolutionary game in a complex social network and are subject to social pressure if they do not comply with the social norms. Social pressure depends on the dynamics of the resource, the network...
Persistent link: https://www.econbiz.de/10012952681
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Chapter 15. Learning in Networks
Goyal, Sanjeev - In: Handbook of social economics : volume 1, (pp. 679-727). 2011
We choose between alternatives without being fully informed about the rewards from different courses of action. In making our decisions, we use our own past experience and the experience of others. So the ways in which we interact - our social network - can influence our choices. These choices...
Persistent link: https://www.econbiz.de/10014025688
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Social networks and the process of "globalization"
Duernecker, Georg; Vega-Redondo, Fernando - 2012
We propose a stylised dynamic model to understand the role of social networks in the phenomenon we call "globalization." This term refers to the process by which even agents who are geographically far apart come to interact, thus being able to overcome what would otherwise be a fast saturation...
Persistent link: https://www.econbiz.de/10011490085
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Friends and foes at work : assigning teams in a social network
Daske, Thomas - 2017
In many firms, production requires the division of staff into teams. If only team performance is observable, moral hazard in teams is inevitable. This variant of moral hazard can be overcome or exacerbated by the interpersonal relationships among team members. I investigate how the division of...
Persistent link: https://www.econbiz.de/10011773831
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The effects of heterogeneous interaction and risk attitude adaptation on the evolution of cooperation
Zeng, Weijun; Li, Minqiang; Feng, Nan - In: Journal of evolutionary economics : JEE 27 (2017) 3, pp. 435-459
Persistent link: https://www.econbiz.de/10011893785
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Intragroup communication in social dilemmas : an artefactual public good field experiment in small-scale communities
Hönow, Nils Christian; Pourviseh, Adrian - 2023
Communication is well known to increase cooperation rates in social dilemma situations, but the exact mechanisms behind … experimental findings, we observe a strong increase in cooperation when face-to-face communication is allowed before decision … to higher cooperation rates, albeit not as high as in the condition in which discussions about the social dilemma are …
Persistent link: https://www.econbiz.de/10014433379
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Identifying network ties from panel data: Theory and an application to tax competition
de Paula, Áureo; Rasul, Imran; Souza, Pedro C. L. - 2023
Social interactions determine many economic behaviors, but information on social ties does not exist in most publicly available and widely used datasets. We present results on the identification of social networks from observational panel data that contains no information on social ties between...
Persistent link: https://www.econbiz.de/10014480409
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Identification of interaction effects in survey expectations : a cautionary note
Alfarano, Simone; Milaković, Mishael - 2010
A growing body of literature reports evidence of social interaction effects in survey expectations. In this note, we argue that evidence in favor of social interaction effects should be treated with caution, or could even be spurious. Utilizing a parsimonious stochastic model of expectation...
Persistent link: https://www.econbiz.de/10009007825
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A market for connections
Miettinen, Topi; Poutvaara, Panu - 2012
Government or company decisions on whom to hire are mostly delegated to politicians, public sector officials or human resources and procurement managers. Due to anti-corruption laws, agents cannot sell contracts or positions that they are delegated to decide upon. Even if bribing is ruled out,...
Persistent link: https://www.econbiz.de/10009535107