Showing 1 - 10 of 793
reciprocity, we devised several linkage strategies and examined their evolutionary stability by agent-based simulation. The … simulation results showed that the linkage strategy based on kandori was evolutionarily stable even when perception errors …
Persistent link: https://www.econbiz.de/10012015567
tendency to be inegalitarian. -- Existence and Stability of Equilibria ; Evolutionary Games ; Behavior ; Simulation Modeling …
Persistent link: https://www.econbiz.de/10009702290
Persistent link: https://www.econbiz.de/10010386120
This paper is based on Ille, 2013. Both papers analyze the same models, but in contrast, this paper does not provide an analytical solution but rather resorts to simulations. This allows the reader, who is familiar with the former article, to retrace the results more thoroughly and without the...
Persistent link: https://www.econbiz.de/10014038888
We study a random effects censored regression model in the context of repeated games. Introducing a feedback variable into the model leads to violation of the strict exogeneity assumption, thus rendering the random effects estimator inconsistent. Using the example of contributions to a public...
Persistent link: https://www.econbiz.de/10010277491
This paper introduces a simulation algorithm for evaluating the log-likelihood function of a large supermodular binary … algorithm which allows for accurate likelihood simulation with modest numbers of simulation draws …
Persistent link: https://www.econbiz.de/10014322897
this research, we developed a game containing elements of a strategy and allowing a simulation of decision-making by a …
Persistent link: https://www.econbiz.de/10014036855
The paper studies the link between corruption and social capital (measured as trust), using data from a lab experiment. Subjects play either a harassment bribery game or a strategically identical but differently framed ultimatum game, followed by a trust game. In a second experiment, we elicit...
Persistent link: https://www.econbiz.de/10011455846
We study the impact of tipping in a service facility on the server's tipping wage, in the presence of an endogenously formed social norm. The problem is modeled as a two-stage tipping game: In the first stage, delay-sensitive customers arrive at an M/M/1 facility and decide whether to join or...
Persistent link: https://www.econbiz.de/10011997560
Despite recent advances in reputation technologies, it is not clear how reputation systems can affect human cooperation in social networks. Although it is known that two of the major mechanisms in the evolution of cooperation are spatial selection and reputation-based reciprocity, theoretical...
Persistent link: https://www.econbiz.de/10011621316