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majority coalition can be stable, provided that reciprocity is sufficiently strong and widespread. In addition, a stable … minority coalition can exist, even with weak reciprocity preferences. This latter coalition is weakly larger than the maximum …
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We investigate the role of intentions in two-player two-stage games. For this purpose we systematically vary the set of opportunity sets the first mover can chose from and study how the second mover reacts not only to opportunities of gains but also of losses created by the choice of the first...
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