We report on ultimatum game experiments conducted with same-age as well as mixed-age groups of Asian adolescents and adults. The findings indicate that compared with adults, adolescents make significantly larger offers to adult responders and are less likely to reject. Chinese subjects are found...

This paper examines the implications of a 'strong' version of bounded rationality popular within computational and evolutionary game theory in which agents are represented by finite automata. It is argued that this view has unrealistic features in that agents of this kind are unable to...

In evolutionary psychology, cultural phenomena are explained with reference to evolved psychological processes. This paper presents an economic approach to explore this link by demonstrating how social stratification can arise in game-playing populations as a result of social categorisation of...

This study reports the findings of Granger causality tests on the relationship between FDI and pollution across 112 countries over 15-28 years. Our results uncover alternative causality relationships between the two variables depending on a host country's level of development. Copyright © 2005...

We propose that religion impacts trust and trustworthiness in ways that depend on how individuals are socially identified and connected. Religiosity and religious affiliation may serve as markers for statistical discrimination. Further, affiliation to the same religion may enhance group...