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A person is said to be 'trust responsive' if she fulfils trust because she believes the truster trusts her. The experiment we report was designed to test for trust responsiveness and its robustness across payoff structures, and to disentangle it from other possible factors making for...
Persistent link: https://www.econbiz.de/10014108110
It is shown that logical contradictions are derivable from natural translations into first order logic of the description and background assumptions of the Soros Game, and of other games and social contexts that exhibit conflict and reflexivity. The logical structure of these contexts is...
Persistent link: https://www.econbiz.de/10013026502
Interim Rationalizable Monotonicity, due to Oury and Tercieux (2012), fully characterizes the class of social choice functions that are implementable in interim correlated rationalizable (and Bayes-Nash equilibrium) strategies
Persistent link: https://www.econbiz.de/10013288871
rationality, emotions and heuristics. Within a new theory of individual subjectivity, I propose a model of Inner Games to embody … explain the variety in bounded rationality, and assume that individuals are motivated mainly by their Ego Identity other than …
Persistent link: https://www.econbiz.de/10013235443
We report and analyze the results of a series of classroom experiments on the voluntary provision of public goods. Using fixed effect panel regression models we find that cooperation significantly increases when participants are forced to guess the degree of overall cooperation. We also find...
Persistent link: https://www.econbiz.de/10010305450
We report and analyze the results of a series of classroom experiments on the voluntary provision of public goods. Using fixed effect panel regression models we find that cooperation significantly increases when participants are forced to guess the degree of overall cooperation. We also find...
Persistent link: https://www.econbiz.de/10010507016
The aim of this article is to link Veblen's work on evolutionary economics to recently developed evolutionary game theory (EGT). This represents the first step towards incorporating Veblen's socio-economic evolution theory into discussion concerning applying EGT to social environments. An...
Persistent link: https://www.econbiz.de/10012776074
There are many instances in nature of animals having a form of property rights, a respect for mine and thine. This paper addresses the question of how a norm of respecting property rights can emerge within a group of individuals without access to third party enforcement. Building upon work in...
Persistent link: https://www.econbiz.de/10012949095
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