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Eine kleine Geschichte des Spieles (Einführung) -- Das Spiel -- Der Zufall -- Der Kommerz -- ANHANG -- 8-Punkte-Checkliste für Jahrmarktspielgeräte -- Gesetze und Verordnungen zum Glücksspiel -- Checkliste zur Charakterisierung eines Spiels -- Größen zur Beschreibung der Wirkung eines...
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Strategic environmental policy games are usually based on simultaneous decision making and reach the conclusion that the policy choices are strategic substitutes. Empirical evidence, however, shows that the introduction of a regulatory instrument usually follows a consecutive pattern that is...
Persistent link: https://www.econbiz.de/10010291749
In this paper we take up a model of Okada (1996) to describe the possibility of collective cooperation in a n-person Prisoner's Dilemma game by means of institutional arrangements. In addition, we introduce the possibility to corrupt the institutional authority by paying him some positive...
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A seller and a buyer bargain over the terms of trade for an object. The seller receives a perfect signal that determines the value of the object to both players, whereas the buyer remains uninformed. We analyze the infinite-horizon bargaining game in which the buyer makes all the offers. When...
Persistent link: https://www.econbiz.de/10010292013
It is known that sunspots can trigger panic-based bank runs and that the optimal banking contract can tolerate panic-based runs. The existing literature assumes that these sunspots are based on a publicly observed extrinsic randomizing device. In this paper, I extend the analysis of panic-based...
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This paper investigates behavior in the Traveler's Dilemma game and isolates deviations from textbook predictions caused by differences in welfare perceptions and strategic miscalculations. It presents the results of an experimental analysis based on a 2x2 design where the own and the other...
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