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This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
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-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard … account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its …
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Problems which can only be resolved through international cooperation are increasing. Due to this increase, states … problems. When social scientists analyze the potential for cooperation on global public goods, they focus on the benefits from … cooperation and on the game theoretic structures under which cooperation may arise; they have until now, however, neglected to …
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