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The main purpose of rational choice theory is to lay out in clear and transparent terms what conditions are necessary and/or sufficient for the validity of statements about consistent human behavior. Strong criteria for rationality are ‘wrong’ if understood as a positive...
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This paper reports the results of experiments designed to test the theory of the optimal composition of prizes in contests. In the aggregate the behavior of subjects is consistent with that predicted by the theory, but we find that such aggregate results mask an unexpected compositional effect...
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chapter 1 Introduction Appendix: a very brief and very simple introduction to game -- chapter 2 Part 2: The ultimatum game -- chapter 3 Part 3: Trust and trustworthiness in everyday life -- chapter 4 Part 4: Cooperation in social dilemmas -- chapter 5 I will if you will: resolving coordination...
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