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The economic catch-up of the East Asian region went hand-in-hand with the emergence and even dominance of large quasi-state or private conglomerates. Such for example were the Zaibatsus in the pre-WWII and the Keiretsus of the post-WWII Japan and the Chaebols of South Korea which enjoyed...
Persistent link: https://www.econbiz.de/10011335574
The economic catch-up of the East Asian region went hand-in-hand with the emergence and even dominance of large quasi-state or private conglomerates. Such for example were the Zaibatsus in the pre-WWII and the Keiretsus of the post-WWII Japan and the Chaebols of South Korea which enjoyed...
Persistent link: https://www.econbiz.de/10011261851
What is the role of intuitive versus deliberative cognitive processing in human cooperation? The Social Heuristics …-maximizing), and that for most people cooperation is typically advantageous due to mechanisms such as repetition, reputation, and …, the SHH predicts that in the context of pure cooperation – where non-cooperation is strictly payoff – maximizing …
Persistent link: https://www.econbiz.de/10012870482
) the interests of players are, as embodied in the payoffs. It can be used to predict cooperation in two-player games. We …
Persistent link: https://www.econbiz.de/10005051143
In the present introductory work we propose an original analytical model of coopetitive game. We suggest possible general and feasible solutions; in particular, from a coopetitive perspective, we suggest compromise solutions - for our coopetitive game, by using Kalai-Smorodinsky method.
Persistent link: https://www.econbiz.de/10011109139
robust features of equilibrium networks. We find that in a society with many groups, where it is cheaper to connect within … groups as compared to across groups, strategic play by individuals leads to a network architecture in which there is a core … group which is entirely internally connected while all the other groups are entirely externally linked and hence completely …
Persistent link: https://www.econbiz.de/10010324770
The industrialization process of a country is often plagued by a failure to coordinate investment decisions. Using the Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how appropriate information provision enhances efficiency....
Persistent link: https://www.econbiz.de/10010333827
A network payoff function assigns a utility to all participants in a (social) network. In this paper we discuss properties of such network payoff functions that guarantee the existence of certain types of pairwise stable networks and the convergence of certain network formation processes. In...
Persistent link: https://www.econbiz.de/10010263150
Investigating the strategic advantage of negatively interdependent preferences in action monotonic games, we derive characterizing conditions both for general action monotonic games and for the subclass of action monotonic games with spillovers. Examples demonstrate the generality of our...
Persistent link: https://www.econbiz.de/10010270831
Social institutions regulating group conduct have been regarded as necessaryfor human cooperation to transcend family … establish cooperation with non-kin. We shedlight on the issue by a voluntary social exchange experiment where related(via mutual … timehorizon, we provide evidence that repeated interactions play a crucial rolein human cooperation, although humans remain …
Persistent link: https://www.econbiz.de/10005866766