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Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
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Experiment untersucht. Der Autor findet in seiner Feldforschung Bestätigung für die These, dass die wirtschaftliche Realität …
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of a meritocratic notion of desert under which team members care about receiving what they feel they deserve. Team … inequity aversion over money net of effort costs as a special case. When identical teammates share team output equally, desert …
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of a meritocratic notion of desert under which team members care about receiving what they feel they deserve. Team … inequity aversion over money net of effort costs as a special case. When identical teammates share team output equally, desert …
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