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This book provides an introduction to the theory of support-bargaining and money-bargaining. Support-bargaining arises from the propensity of all individuals to seek the support of those around them and is the underlying mechanism of democratic societies. It is also the underlying mechanism of...
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Two of the most influential concepts in social science over the past two decades have been 'social embeddedness' and 'social capital'. This essay introduces a special issue of the Review of Austrian Economics in which those concepts are examined from the perspective provided by Austrian...
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designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality … aversion than individual initial proposals in team decision-making. However, teams are no more selfish than individuals who … decide in isolation. Individuals express strategically more inequality aversion in their initial proposals in team decision …
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basis of individual performance and the other graded on the basis of the team performance. We find that students assigned to … socially connected teams perform significantly better than control students in both the team part and the individual part of …
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