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We propose a new methodology exploring Markov perfect equilibrium strategies in differential games with regime switching. Specifically, we develop a general game with two players having two kinds of strategies. Players choose an action that influences the evolution of a state variable, and...
Persistent link: https://www.econbiz.de/10010250139
We propose a new methodology exploring Markov perfect equilibrium strategies in differential games with regime switching. Specifically, we develop a general game with two players having two kinds of strategies. Players choose an action that influences the evolution of a state variable, and...
Persistent link: https://www.econbiz.de/10013056846
This paper presents a framed field experiment on ecological altruism in Mindoro, Philippines. Behavioural differences between ethnic groups in Mindoro-the Tagalogs and the Mangyans-were investigated. We designed a two-part donation task (i.e. dictator game) where the recipient of the donation...
Persistent link: https://www.econbiz.de/10012509927
Persistent link: https://www.econbiz.de/10011817221