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Persistent link: https://www.econbiz.de/10008526524
The adoption of agriculture, some 10,000 years ago, triggered the first demographic explosion in human history. When fertility fell back to its original level, early farmers found themselves worse fed than the previous hunter-gatherers, and worked longer hours to make ends meet. I develop a...
Persistent link: https://www.econbiz.de/10005070477
Firms in modern western world are often said to encourage people to prioritize work over family life. This imbalance, some personnel psychologist claim, causes tension and unhappiness. The story, however, is not new. Something very similar happened during the shift from hunting and gathering to...
Persistent link: https://www.econbiz.de/10005690188
The shift from hunting and gathering to agriculture, some 10,000 years ago, triggered the first demographic explosion in history. Along with population, working time increased, while food consumption remained at the subsistence level. For that reason, most anthropologists regard the adoption of...
Persistent link: https://www.econbiz.de/10005623502
We draw on Ricardian comparative advantage between distinct persons to map out the division of labor among proto-humans in a village some 1.7 million years ago. A person specialized in maintaining a cooking fire in the village is of particular interest (Ofek [2001]). We are also interested in...
Persistent link: https://www.econbiz.de/10005787629
This paper presents results from an experiment designed to study the effect of self reporting risk preferences on strategy choices made in a subsequently played 2x2 coordination game. The main finding is that the act of answering a questionnaire about one's own risk preferences significantly...
Persistent link: https://www.econbiz.de/10010307602
This paper studies the social value of public information in environments without common knowledge of the data-generating process. We show that the stronger the coordination motive behind agents' behaviour is, the more they use private or public signals in the way that they suspect others are...
Persistent link: https://www.econbiz.de/10010323848
If potential donors for a charity project possess the warm-glow properties in their preferences, we can represent their behavior with a coordination game. Accordingly, we construct a simultaneous incomplete information game model of charitable giving based on a simple global coordination game....
Persistent link: https://www.econbiz.de/10010332352
Previous research shows that collective action to avoid a catastrophic threshold, such as a climate "tipping point," is unaffected by uncertainty about the impact of crossing the threshold but that collective action collapses if the location of the threshold is uncertain. Theory suggests that...
Persistent link: https://www.econbiz.de/10010333405
A network market is a market in which the benefit each consumer derives from a good is an increasing function of the number of consumers who own the same or similar goods. A major obstacle that plagues the introduction of a network good is the ability to reach critical mass, namely, the minimum...
Persistent link: https://www.econbiz.de/10010336053