This paper studies network formation in settings where players are heterogeneous with respect to benefits as well as the costs of forming links. Our results demonstrate that centrality, center-sponsorship and short network diameter are robust features of equilibrium networks. We find that in a...

In the Ultimatum Game (UG) one player, named “proposer”, has to decide how to allocate a certain amount of money between herself and a “responder”. If the offer is greater than or equal to the responder’s minimum acceptable offer (MAO), then the money is split as proposed, otherwise,...

A major reason behind crowding in emergency departments (EDs) is non-urgent patients' visits to ED. In this paper we study how patients' imperfect perception of their urgency and self-interested choice affect non-urgent ED visits and social cost. We then investigate how perception-improvement...

We report three pre-registered studies (total N=1,799) exploring the effect of nudging personal and injunctive norms in decisions that involve a trade-off between objective equality and efficiency. The first two studies provide evidence that: (i) nudging the personal norm has a similar effect to...

Aim: To present a systematic development of the theory of combinatorial games from the ground up. Approach: Computational complexity. Combinatorial games are completely determined; the questions of interest are efficiencies of strategies. Methodology: Divide and conquer. Ascend from Nim to Chess...

We provide a game-theoretical epidemiological model for the COVID-19 pandemic that takes into account that: 1) asymptomatic individuals can be contagious, 2) contagion is behavior-dependent, 3) behavior is determined by a game that depends on beliefs and social interactions, 4) there can be...

The paper studies the relationship between social capital (SC) and Corporate Social Responsibility (CSR) by investigating the idea of a virtuous circle between the level of SC and the implementation of CSR standard of behaviour that favours the creation of cooperative networks between the firm...

This is the third part of a comprehensive essay on the Rawlsian view of corporate social responsibility (CSR) seen a multi-stakeholder fiduciary model of corporate governance (see part I). A game theoretical model of the interplay between the owner (who controls the firm) and all the remaining...

Negotiations, whether involving the initiation of relationships, modifying the terms of existing relationships, or settling disputes, are about unlocking opportunities. Mediators are professionals trained in the science and art of assisting parties in understanding each other’s point of view,...

We examine the process of building social relationships as a non-cooperative game that requires mutual consent and involves reaching out to others at a cost. Players create their social network from amongst their set of acquaintances. Having acquaintances allows players to form naive beliefs...