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Recent research reveals that hedge fund returns exhibit a range of different,possibly non-linear pay-off patterns. It is difficult to qualify all these patternssimultaneously as being rational in a traditional framework for optimal financial decisionmaking. In this paper we present a simple...
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decision problem. Decision makers can choose an individual level of cooperation from a given range of possible actions. Within …This paper introduces a two-sided methodological framework for studies on cooperation based on a new game design … applying our framework. Palestinians show a substantially higher cooperation level in the positive externality treatment. In …
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Theory of mind and individual preferences are important determinants in social decision making. The current study … of the same type better than cooperative adolescents. Adolescents show lower cooperation levels and a slower adaption of …
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