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) Bargaining and Voting, page 49. -- Bargaining ; voting ; fairness ; equilibrium …1) Bargaining Unexplained, page 2 2) Bargaining Assumptions in the Study of Politics, Law and War, page 27 3 …
Persistent link: https://www.econbiz.de/10003981849
-post bargaining. The present paper investigates the efficiency of incomplete contracts if individuals have heterogeneous preferences … implying heterogeneous bargaining behavior and - equally important - preferences are private information. As the sunk … investment costs can thus potentially signal preferences, they can influence beliefs and consequently bargaining outcomes. The …
Persistent link: https://www.econbiz.de/10010371083
This paper provides an argument for the advantage of a preference for identity-consistent behaviour from an evolutionary point of view. Within a stylised model of social interaction, we show that the development of cooperative social norms is greatly facilitated if the agents of the society...
Persistent link: https://www.econbiz.de/10010366516
In "Bargaining to Lose: The Permeability Approach to Post Transition Resource Extraction" [1] Natasha Chichilnisky … state as a decision maker having the public good as an objective, and replaces it by the results of a bargaining game … of copper and gold mines in Mongolia and Zambia, and focuses on a bargaining game between the state and key financial …
Persistent link: https://www.econbiz.de/10011438819
characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting … does not arise, because the benefit of voting does not vanish with population size. (ii) Turnout in elections is positively … related to the size of the local community and the importance of social interactions. (iii) Voting may exhibit bandwagon …
Persistent link: https://www.econbiz.de/10010357537
extent of their fairness concerns. Fairness is modelled as inequity aversion, where fair-minded workers suffer if their … colleagues get more income net of production costs. Screening workers with equal productivity but different fairness concerns is … the fraction of fair-minded workers. As a result, fairness might infuence the employment contracts of all workers although …
Persistent link: https://www.econbiz.de/10010440434
equilibrium strategies that look very much like human behaviour; altruism and fairness will be shown to feature in a natural way … in equilibrium. …
Persistent link: https://www.econbiz.de/10011327836
. -- Intentions ; reciprocity ; fairness …
Persistent link: https://www.econbiz.de/10009557632
candidates. -- social ranking ; fairness ; fair game forms ; objective equality ; mechanism ; design ; committee decision making …
Persistent link: https://www.econbiz.de/10008991294
This paper proposes a novel explanation for the context dependency of individual choices in two-player games. Context dependency refers to the well-established phenomenon that a player, when choosing from a given opportunity set created by the other player's strategy, chooses differently in...
Persistent link: https://www.econbiz.de/10010350219