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for cooperation to be part of an asymptotically stable equilibrium of an evolutionary dynamics of signaling norm …The article suggests a new explanation for cooperation in large, unstructured societies that avoids the restrictions … internalization, behavior and norm adoption. These conditions put the signaling costs of norm-adopters and non-adopters, the strength …
Persistent link: https://www.econbiz.de/10010429142
Economists have a long tradition in identifying the evolution of cooperation in large, unstructured societies as a … puzzle. We suggest a new explanation for cooperation which avoids restrictions of most previous attempts. Our explanation … deals with the role of internalized norms for cooperation in large unstructured populations. Even internalized norms, i …
Persistent link: https://www.econbiz.de/10010483272
Competition among firms has been suggested to reflect the ruthless logic of Darwinian selection: a free market is a struggle for survival, in which successful firms survive and unsuccessful ones die. This view appears to bolster three pillars of neoclassical economics: (1) that economic actors...
Persistent link: https://www.econbiz.de/10011048085
cooperation. HollŠnder, however, did not define the characteristics of environments in which high valued approval is likely to … signaling motives. Our findings point to new institutions that rely on reward, rather than punishment, to efficiently promote …
Persistent link: https://www.econbiz.de/10009320755
Die Unternehmen der Mineralölindustrie sind konfrontiert mit gravierenden Defiziten der institutionellen Rahmenordnungen für globales Wirtschaften. Sie reagieren auf diese Defizi-te, indem sie sich auf soziale und ökologische Kriterien sowie auf Governance-Standards freiwillig selbst...
Persistent link: https://www.econbiz.de/10008733275
Persistent link: https://www.econbiz.de/10012822873
Persistent link: https://www.econbiz.de/10012869568
The petroleum industry is confronted with severe deficits in the institutional framework for global business. In order to fill the gap, companies react with voluntary commitments to ecological, social and governance standards. This study analyses a broad variety of Best Practice projects in...
Persistent link: https://www.econbiz.de/10013144357
Societal inequalities – mainly, economic – are a topical subject. Given the dominance of large business corporations in the US and Canada, an important question is about corporations’ role in shaping the socioeconomic trends, including inequality. "Beyond Shareholder Value - A Framework...
Persistent link: https://www.econbiz.de/10013243172
We study the coevolution of cooperation, preferences and cooperative signals in an environment where individuals engage … in a signaling-extended prisoner's dilemma. We identify a new type of evolutionary equilibrium - a transitional … behavior, preferences, and signaling. We thereby offer an explanation for persistent regularities observed in laboratory and …
Persistent link: https://www.econbiz.de/10011526375