Showing 1 - 10 of 35
Many fundraisers report donations using categories such as more than £ 1000, more than £ 10,000, etc. One naturally wonders how we should categorise donations and whether categorising raises more than simple uncategorised reporting. To answer these questions, we employ a signalling game...
Persistent link: https://www.econbiz.de/10011048218
In a signalling model of conformity, we demonstrate that naïve observers, those that take actions at face value, constrain the set of actions that can possibly be social norms. With rational observers many actions can be norms, but with naïve observers only actions close to that preferred by...
Persistent link: https://www.econbiz.de/10010552137
Persistent link: https://www.econbiz.de/10011788492
Persistent link: https://www.econbiz.de/10012173989
Persistent link: https://www.econbiz.de/10012149689
Persistent link: https://www.econbiz.de/10012149702
"Over the last few decades behavioral economics has revolutionized the discipline. It has done so by putting the human back into economics, by recognizing that people sometimes make mistakes, care about others and are generally not as cold and calculating as economists have traditionally...
Persistent link: https://www.econbiz.de/10015179361
Persistent link: https://www.econbiz.de/10012014758
Persistent link: https://www.econbiz.de/10012149729
In the literature of psychology and economics it is frequently observed that individuals tend to conform in their behavior to that of similar individuals. A fundamental question is whether the outcome of such conformity can be consistent with self-interest. We propose that this consistency...
Persistent link: https://www.econbiz.de/10009468868