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The Rubinstein alternating offers bargaining game is reconsidered under the assumption that each player is loss averse and the associated reference point is equal to the highest turned down offer of the opponent in the past. This makes the payoffs and therefore potential equilibrium strategies...
Persistent link: https://www.econbiz.de/10011160222
This paper shows that the gender world record ratio in four disciplines, i.e. marathon, triple jump, pole vault and 800 meters, follows a S-shape over time. It is argued that this pattern is initiated by a sudden drop in the social barrier for women to participate in these disciplines. This drop...
Persistent link: https://www.econbiz.de/10011160223
In this paper we present a model for games with perfect information in which the players, upon observing an unexpected move, may revise their beliefs about the opponents'' preferences over outcomes. For a given profile P of preference relations over outcomes, we impose the following three...
Persistent link: https://www.econbiz.de/10011160224
Much of the information available on theWorldWideWeb cannot effectively be found by the help of search engines because the information is dynamically generated on a user’s request.This applies to online decision support services as well as Deep Web information. We present in this paper a...
Persistent link: https://www.econbiz.de/10011160225
In this paper, I examine the incentive effects of both performance measures and performance targets and the linkages between these two components of the incentive system. Furthermore, I examine the theoretical claim that non-financial performance measures provide subordinate managers with...
Persistent link: https://www.econbiz.de/10011160226
In this paper we investigate how non-cognitive skills can explain individual differences in earlyschool-leaving controlling for cognitive skills. We use a large Dutch representative longitudinalcohort study “Secondary Education Pupil Cohort 1999.” In the first year of this study,...
Persistent link: https://www.econbiz.de/10011160227
Centralized sanctioning institutions are of utmost importance for overcoming free-riding tendencies and enforcing outcomes that maximize group welfare in social dilemma situations. However, little is known about how such institutions come into existence. In this paper we investigate, both...
Persistent link: https://www.econbiz.de/10011160228
We examine product-games, which are n-player stochastic games satisfying: (1) the state space is a product S(1)×…×S(n); (2) the action space of any player i only depends of the i-th coordinate of the state; (3) the transition probability of moving from s(i) ∈ S(i) to t(i) ∈S(i), on the...
Persistent link: https://www.econbiz.de/10011160229
A potentially powerful way to assist consumers in making dynamic shopping decisions is to disclose price information to them before they shop, for example by posting prices on the Internet. This paper addresses the differential impact of disclosing either only current, or both current and future...
Persistent link: https://www.econbiz.de/10011160230
How can the propositional attitudes of several individuals be aggregated into overall collective propositional attitudes? Although there are large bodies of work on the aggregation of various special kinds of propositional attitudes, such as preferences, judgments, probabilities and utilities,...
Persistent link: https://www.econbiz.de/10011160231