We demonstrate how an evolutionary agent-based model can be used to evaluate climate policies that take the heterogeneity of strategies of individual agents into account. An essential feature of the model is that the fitness of an economic strategy is determined by the relative welfare of the...

This economic experiment tests the positive relationship between perceived intention and positive reciprocity by altering material-payoff structures in treatments, or material-payoff approach. To design the treatments, this study applies a signalling model to explain how the intention of an...

We compare the strategy and direct-response methods in a one-shot trust game with hidden action. In our experiment, the decision elicitation method affects neither participants' behavior nor their beliefs about this behavior. We conclude that the direct-response method does not, by itself,...

Bargainers in an open-ended alternating-offer bargaining situation may perceive envy, a utility loss caused by receiving the smaller share that is modeled in some social preferences in addition to self-interest. I extend Rubinstein (1982)'s original solution of the bargaining problem for two...

The latest 2008 crisis has become a "proof" that the mainstream economics cannot avoid, or even predict, the economic meltdown. The teaching of conventional economics that tend to be homogenous and dominated by the new neoclassical synthesis is thought to be failed in predicting human behavior....

Environmental policies generally address questions of coping with negative externalities or strategies for the use of limited resources. Conventional policies for this purpose often rely on explicit incentives to promote desired or to sanction undesirable actions. However, practice shows...

One of the most important debates in the philosophy of economic science refers to the disjunctive between instrumentalism and realism. Nudge, by Richard Thaler and Cass Sunstein, represents a milestone in the development, and possibly the consolidation, of a new realist paradigm - of an...

Mathematical algorithms often fail to identify in time when the international financial crises occur although, as the classical theory of choice would suggest, the economic agents are rational and the markets are or should be efficient and behave also rationally. This contribution tries to...

Les apports de l'économie comportementale permettent de concevoir de nouvelles formes d'action publique et d'augmenter l'efficacité des recommandations habituelles. Nous discutons ici de l'utilité de ces approches pour traiter la toxicomanie. Ces modèles reposent sur les biais cognitifs...

This study investigates the framing effect of experiments that conducted among students. The main aim of this work is to show the results of an experiment conducted in Turkey how could affect behavior of subjects who were students in banking and insurance business studies department. By...