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La teoría de juegos conductual, el dilema del viajero alternativo y la maximización de pagos
Moro, Rodrigo; Freidin, Esteban; Tohmé, Fernando; … - In: Estudios de Economía 38 (2011) 2, pp. 457-473
Within the area of Behavioral game theory, we focus on a specific context, namely, on a game we called the Alternative traveler's dilemma. In this context, we observe that participants tend to choose strictly dominated strategies. In order to explain similar tendencies in other games,...
Persistent link: https://www.econbiz.de/10011538730
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Fairness preferences in a bilateral trade experiment
Ciccone, Alice; Rogeberg, Ole; Braaten, Ragnhild Haugli - In: Games 11 (2020) 1, pp. 1-17
Is the willingness to make trades influenced by how the total gains from trade are split between the trading partners …? We present results from a bilateral trade game (n = 128) where all participants were price-takers and trading pairs faced … trade reduced desired transaction levels on both sides of the market, but more strongly by the disfavored party. The data …
Persistent link: https://www.econbiz.de/10012227801
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Learning in network games
Kovářík, Jaromír; Mengel, Friederike; Romero, J. Gabriel - In: Quantitative Economics 9 (2018) 1, pp. 85-139
We report the findings of experiments designed to study how people learn in network games. Network games offer new …
Persistent link: https://www.econbiz.de/10011995513
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Dynamic pricing decisions and seller-buyer interactions under capacity constraints
Mak, Vincent; Rapoport, Amnon; Gisches, Eyran J. - In: Games 9 (2018) 1, pp. 1-23
Focusing on sellers' pricing decisions and the ensuing seller-buyer interactions, we report an experiment on dynamic … deviations from equilibrium benchmarks on both sides of the market. Specifically, in our experiment the sellers are boundedly …
Persistent link: https://www.econbiz.de/10011852727
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Fairness and inequality acceptance in children and adolescents: A survey on behaviors in economic experiments
Schunk, Daniel; Zipperle, Isabell - In: Journal of Economic Surveys 37 (2023) 5, pp. 1715-1742
This survey article provides an overview of the recent experimental economic literature on fairness‐related behaviors … in children and adolescents. We discuss different motives underlying fair behavior, summarize the development of fairness …
Persistent link: https://www.econbiz.de/10014503899
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A theory of sequential group reciprocity
Moreno-Okuno, Alejandro T.; Mosiño, Alejandro - In: Latin American Economic Review 26 (2017) 1, pp. 1-19
Games that appear to be independent, involving none of the same players, may be related by emotions of reciprocity between the members of the same groups. In the real world, individuals are members of groups and want to reward or punish those groups whose members have been kind or unkind to...
Persistent link: https://www.econbiz.de/10011994324
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Plato as a game theorist towards an international trade policy
Halkos, George E.; Kyriazis, Nicholas C.; Economou, … - In: Journal of Risk and Financial Management 14 (2021) 3, pp. 1-15
In the beginning of the second book of his Politeia (Republic) Plato in passage 2.358e-359a-c raises the issue of the administration of justice as a means of motivating people to behave fairly regarding their relationships and when cooperating with each other because, at the end, this is...
Persistent link: https://www.econbiz.de/10012611672
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Benchmarking SCM performance and empirical analysis: a case from paint industry
Mishra, Pratima; Sharma, Rajiv Kumar - In: Logistics Research 7 (2014) 1, pp. 1-16
) supply chain inefficiency ratio and (3) supply chain working capital productivity. Case study approach is used to benchmark …
Persistent link: https://www.econbiz.de/10011643776
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Conditional variance forecasts for long-term stock returns
Mammen, Enno; Nielsen, Jens Perch; Scholz, Michael; … - In: Risks 7 (2019) 4, pp. 1-22
In this paper, we apply machine learning to forecast the conditional variance of long-term stock returns measured in excess of different benchmarks, considering the short- and long-term interest rate, the earnings-by-price ratio, and the inflation rate. In particular, we apply in a two-step...
Persistent link: https://www.econbiz.de/10013200531
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Open innovation and its effects on economic and sustainability innovation performance
Rauter, Romana; Globocnik, Dietfried; Perl-Vorbach, Elke; … - In: Journal of Innovation & Knowledge (JIK) 4 (2019) 4, pp. 226-233
applying a benchmark approach to identify the relevant performance drivers, we found that, in addition to well-known partners …
Persistent link: https://www.econbiz.de/10013266745