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characterize cooperation. We then argue that this mechanism is applicable to a wide range of economic questions and illustrate this … claim using the problems of "The Tragedy of the Commons" and "R&D Spillovers in Duopoly" …
Persistent link: https://www.econbiz.de/10014075838
I consider a flexible framework of strategic interactions under incomplete information in which, prior to committing their actions (consumption, production, or investment decisions), agents choose the attention to allocate to an arbitrarily large number of information sources about the primitive...
Persistent link: https://www.econbiz.de/10010476378
cooperation in the presence of "multi-directedness," whereby people's preferences depend on their psychological motives. People …
Persistent link: https://www.econbiz.de/10011431001
cooperation in the presence of "multi-directedness", whereby people's preferences depend on their psychological motives. People …
Persistent link: https://www.econbiz.de/10011414267
cooperation in the presence of "multi-directedness," whereby people's preferences depend on their psychological motives. People …
Persistent link: https://www.econbiz.de/10011452082
. We approach this gap by analyzing the role of positive and negative externalities of link formation. We find general … results that relate situations of positive externalities with stable networks that cannot be 'too dense' in a well …-defined sense, while situations with negative externalities, tend to induce 'too dense' networks. …
Persistent link: https://www.econbiz.de/10010272547
. We approach this omission by analyzing the role of positive and negative externalities of link formation. This yields … general results that relate situations of positive externalities with stable networks that cannot be too dense in a well …-defined sense, while situations with negative externalities tend to induce too dense networks. …
Persistent link: https://www.econbiz.de/10010279423
. We approach this gap by analyzing the role of positive and negative externalities of link formation. We find general … results that relate situations of positive externalities with stable networks that cannot be "too dense" in a well …-defined sense, while situations with negative externalities, tend to induce "too dense" networks. …
Persistent link: https://www.econbiz.de/10005002279
. We approach this omission by analyzing the role of positive and negative externalities of link formation. This yields … general results that relate situations of positive externalities with stable networks that cannot be “too dense” in a well …-defined sense, while situations with negative externalities tend to induce “too dense” networks. …
Persistent link: https://www.econbiz.de/10005008043
In this paper, I look at the interaction between social learning and cooperative behavior. I model this using a social dilemma game with publicly observed sequential actions and asymmetric information about payoffs. I find that some informed agents in this model act, individually and without...
Persistent link: https://www.econbiz.de/10009143950