Management scholars have long stressed the importance of evolutionary processses for inter-firm cooperation but have mostly missed the promising opportunity to incorporate ideas from evolutionary theories into the analysis of collaborative arrangements. In this paper, we first present three...

In two-person generosity games the proposer's agreement payoffis exogenously given whereas that of the responder is endogenouslydetermined by the proposer's choice of the pie size. Earlier resultsfor two-person generosity games show that participants seem to caremore for eciency than for equity....

Agents interacting on a body of water choose between technologiesto catch …sh. One is harmless to the resource, as it allows full recovery;the other yields high immediate catches, but low(er) future catches.Strategic interaction in one ‘objective’resource game may induceseveral ‘subjective’...

We introduce a stochastic game in which transition probabilitiesdepend on the history of the play, i.e., the players’past action choices.To solve this new type of game under the limiting average reward crite-rion, we determine the set of jointly-convergent pure-strategy rewardswhich can be...

Behavioral (e.g. consumption) patterns of boundedly rational agents can lead these agents intolearning dynamics that appear to be “wasteful” in terms of well-being or welfare. Within settingsdisplaying preference endogeneity, it is however still unclear how to conceptualize well-being.This...

The possibility of the “rebound effect” to technological progress has triggered a debatein energy economics concerning the usefulness of the promotion of efficiency progress. Until now,a multitude of empirical evidence has been gathered so to assess the magnitude of the effect in thefirst...

In Germany, solar thermal systems (STS) have only diused to a minor extentyet. This paper analyzes, which demand side factors are decisive for thefurther proliferation of this environmentally benign technology. Making use ofa consumer survey in North-West Germany in 2007, we examine the...

In recent years, economists have attempted to explain the rising levels of obesitynot only in the U.S. during the last three decades but in many developed countries. Forthe most part, these economists’ models have utilized neoclassical economic tools andrelied on the conventional wisdom of...

This paper posits that significant changes in 19th century British recreational travel patternsresulted from a change in the manner in which tourists used entertaining stimuli in order to attain pleasure.Consumers no longer merely viewed arousing stimuli, but attempted to use them to produce...