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punishment. An increase of sanctions changes the story, as it incites the companies to respect more their commitments. But once …
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conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal …
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Members of various species engage in altruism — i.e. accepting personal costs to benefit others. Here we present an incentivized experiment to test for altruistic behavior among AI agents consisting of large language models developed by the private company OpenAI. Using real incentives for AI...
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