The classical game theoretic resolutions to Selten’s Chain Store game are unsatisfactory; they either alter the game to avoid the paradox or struggle to organize the existing experimental data. This paper applies co-evolutionary algorithms to the Chain Store game and demonstrates that the...

Purpose – The purpose of this paper is to investigate commitment escalation tendencies and magnitude in groups of entrepreneurship-minded decision makers. Design/methodology/approach – The paper uses a software-based management simulation to expose 447 graduate business students in the USA...

ROMA are the main poverty risk groups in many of the countries of Central and Eastern Europe. However, information on their living conditions, and the characteristics of their poverty is scarce, fragmented, and often anecdotal. This paper analyzes data from a new cross-country household survey,...