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The dynamics of norm formation and norm decay

Fehr, Ernst; Schurtenberger, Ivo - 2018

goods provision - the quick emergence of a widely accepted social cooperation norm that demands high contributions but - in … consensus as well as the high cooperation demands required by the norm break down. However, when peer punishment is possible … cooperation and welfare - the opportunity to form a social norm unambiguously causes high public good contributions and group …

Persistent link: https://www.econbiz.de/10011854858

Auctions with imperfect commitment when the reserve may serve as a signal

Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar G. - 2014

If bidders are uncertain whether the auctioneer sticks to the announced reserve, some bidders respond by strategic non-participation, speculating that the auctioneer may revoke the reserve. However, the reserve inadvertently signals the auctioneer's type, which drives a unique separating and a...

Persistent link: https://www.econbiz.de/10010231626

A dynamic model of equilibrium selection in signaling markets

Nöldeke, Georg; Samuelson, Larry - 1996

In his work on market signaling, Spence proposed a dynamic model of a signaling market in which a buyer revises prices …

Persistent link: https://www.econbiz.de/10010291072

The virtuous brand : the perils and promises of brand virtue signaling

Berthon, Pierre R.; Lord Ferguson, Sarah T.; Pitt, … - In: Business horizons 66 (2023) 1, pp. 27-36

Persistent link: https://www.econbiz.de/10013534386

A Dynamic Model of Equilibrium Selection in Signaling Markets

Noeldeke, Georg; Samuelson, Larry - Department of Economics and Finance Research and … - 1996

In his work on market signaling, Spence proposed a dynamic model of a signaling market in which a buyer revises prices …

Persistent link: https://www.econbiz.de/10005572005

Signaling cooperation

Heinz, Matthias; Schumacher, Heiner - 2015

We examine what an applicantś vita signals to potential employers about her willingness to cooperate in teams. Intensive social engagement may credibly reveal that an applicant cares about the well-being of others and therefore is less likely to free-ride in teamwork situations. We find that...

Persistent link: https://www.econbiz.de/10011434807

The signaling value of punishing norm-breakers and rewarding norm-followers

Adriani, Fabrizio; Sonderegger, Silvia - In: Games 9 (2018) 4/102, pp. 1-32

youngsters about social norms. We show that this signaling role provides sufficient incentives to sustain costly punishing …-based mechanisms are fragile, since punishment is a more compelling signaling device (in a sense that we make precise). …

Persistent link: https://www.econbiz.de/10012014968

A comment on Nishimura, Nakajima, and Kiyota's "Does the natural selection mechanism still work in severe recessions? Examination of the Japanese economy in the 1990s"

Okada, Tae; Horioka, Charles Yuji - 2007

Nishimura, Nakajima, and Kiyota (2005) analyze the entry/exit behavior patterns of Japanese firms during the 1990s and find that relatively efficient (high total factor productivity (TFP)) firms exited while relatively inefficient (low TFP) firms survived during the banking-crisis period of...

Persistent link: https://www.econbiz.de/10010332355

Cooperation through Imitation

Bergin, James; Bernhardt, Dan - 2006

This paper characterizes long-run outcomes for broad classes of symmetric games, when players select actions on the basis of average historical performance. Received wisdom is that when agent's interests are partially opposed, behavior is excessively competitive: ``keeping up with the Jones' ''...

Persistent link: https://www.econbiz.de/10011940661

How Corporate Cultures Coevolvewith the Business Environment: The Case ofFirm Growth Crises and Industry Evolution

Cordes, Christian; Richerson, Peter J.; Schwesinger, Georg - Max-Planck-Gesellschaft zur Förderung der Wissenschaften - 2009

culture have repercussions on an industry’s evolution. In our theory, the latter isattributable to evolving corporate cultures … a critical cognitive firm size intheir development beyond which the level of cooperation deteriorates rapidly …

Persistent link: https://www.econbiz.de/10009022148