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Levine and Palfrey's QRE account of turnout in large elections raises the broader question of how much of a departure from standard rational choice theory is justified by the considerable repertoire of rational choice anomalies that has accumulated since Downs and Olson half a century ago. An...
Persistent link: https://www.econbiz.de/10010778022
The paper sketches a neoDarwinian model of cooperation, which is then used to analyze archived data from two prominent series of public goods experiments. Each of three tests supports a conjecture drawn from the model, but also reveals a cognitive complication. Copyright Kluwer Academic...
Persistent link: https://www.econbiz.de/10005810161