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Two parties bargaining over a pie, the size of which is determined by their previous investment decisions. The bargaining rule is sensitive to investment behavior. Two games are considered. In both, bargaining proceeds according to the Nash Demand Game when a symmetric investments profile is...
Persistent link: https://www.econbiz.de/10011731245
Persistent link: https://www.econbiz.de/10011878738
inegalitarian norm. We show that no cap to payoffs inequality emerges under private property, while an inequality payoff cap …
Persistent link: https://www.econbiz.de/10013080490
This paper develops a model of social norms and cooperation in large societies. Within this framework we use an indirect evolutionary approach to study the endogenous formation of preferences and the coevolution of norm compliance. Thereby we link the multiplicity of equilibria, which emerges in...
Persistent link: https://www.econbiz.de/10003470519
Two parties bargaining over a pie, the size of which is determined by their previous investment decisions. The bargaining rule is sensitive to investment behavior. Two games are considered. In both, bargaining proceeds according to the Nash Demand Game when a symmetric investments profile is...
Persistent link: https://www.econbiz.de/10011651750
norm. We show that no cap to payoffs inequality emerges under private property while an inequality payoff cap endogenously …
Persistent link: https://www.econbiz.de/10011651780
Two parties bargaining over a pie, the size of which is determined by their previous investment decisions. The bargaining rule is sensitive to investment behavior. Two games are considered. In both, bargaining proceeds according to the Nash Demand Game when a symmetric investments profi le is...
Persistent link: https://www.econbiz.de/10013096320
Two parties bargaining over a pie, the size of which is determined by their previous investment decisions. The bargaining rule is sensitive to investment behavior. Two games are considered. In both, bargaining proceeds according to the Nash Demand Game when a symmetric investments profile is...
Persistent link: https://www.econbiz.de/10010859822
norm. We show that no cap to payoffs inequality emerges under private property while an inequality payoff cap endogenously …
Persistent link: https://www.econbiz.de/10010859841
Two parties bargaining over a pie, the size of which is determined by their previous investment decisions. The bargaining rule is sensitive to investment behavior. Two games are considered. In both, bargaining proceeds according to the Nash Demand Game when a symmetric investments profile is...
Persistent link: https://www.econbiz.de/10011737849