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Evolutionary theory predicts that animal decision makers should be rational, meaning that they consistently choose fitness-maximizing options. Despite this, violations of rationality have been found repeatedly in humans and other animals. The significance of these violations remains...
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A framework is presented to simulate and analyze the effect of multiple business scenarios on the adoption behavior of a group of technology products. Diffusion is viewed as an emergent phenomenon that results from the interaction of consumers. An agent-based model is used in which potential...
Persistent link: https://www.econbiz.de/10010883019
Human societies are unique in the level of cooperation among non-kin. Evolutionary models explaining this behavior typically assume pure strategies of cooperation and defection. Behavioral experiments, however, demonstrate that humans are typically conditional co-operators who have...
Persistent link: https://www.econbiz.de/10010885161
All major Indian cities face a severe transport crisis, with the number of cars on the road increasing every day. Policy makers are trying to keep pace with this growth by supplying more roads, largely neglecting demand-side policy measures. We have developed an economic experiment to...
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Studies of collective action in commons dilemmas in social–ecological systems typically focus on scenarios in which actors all share symmetric (or similar) positions in relation to the common-pool resource. Many common social–ecological systems do not meet these criteria, most notably,...
Persistent link: https://www.econbiz.de/10011043676
A sequential optimization approach is applied to optimize the behavior of a complex dynamical system. It sequentially solves a large set of mathematical equations and next optimizes the behavior of a reduced-system, fixing certain variables of the larger original problem. These two steps are...
Persistent link: https://www.econbiz.de/10010748812
It is often assumed that irrigation systems require a central authority to solve coordination problems due to the asymmetry in position and influence between those located at the head-end of a system and those located at the tail-end. However, many examples of complex irrigation systems exist...
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