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[eng] Training and labor poaching in the U.S : a dynamical model of collective action. . This article presents a dynamical model of collective action which provides a framework for studying whether the American economy may ever spontaneously shift towards a high-training equilibrium in the...
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While the striving for status has long been recognized in animals and in humans, the role of status in their utility calculations has not been clarified. Specifically, the debate has not been settled whether people pursue status as a means to achieve power and resources or as an (emotional) goal...
Persistent link: https://www.econbiz.de/10014126252
When should a necessary inconvenience be introduced gradually, and when should it be imposed all at once? The question is crucial to web content providers, who in order to generate revenue must sooner or later introduce advertisements, subscription fees, or other inconveniences. Assuming that...
Persistent link: https://www.econbiz.de/10010413236
Status involves group members evaluating themselves relative to fellow group members according to some shared standard of value. Status has been described in economics, sociology and evolutionary anthropology. Based on this work, we treat status and the associated recognition by others as an...
Persistent link: https://www.econbiz.de/10014207172
We present a dynamical model of web site growth in order to explore the effects of competition among web sites and to determine how they affect the nature of markets. We show that under general conditions, as the competition between sites increases, the model exhibits a sudden transition from a...
Persistent link: https://www.econbiz.de/10014162860
We consider a market where buyers can access unbiased samples of private data by appropriately compensating the individuals to whom the data corresponds (the sellers) according to their privacy attitudes. We show how bundling the buyers' demand can decrease the price that buyers have to pay per...
Persistent link: https://www.econbiz.de/10014165648
We use computers to study economics, but few people realize that we can use economics to study and design computational systems. The reason is that computer networks can be regarded as a community of processes that in their interactions, strategies and lack of perfect knowledge, face the same...
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