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In an information cascade experiment participants are confronted with artificial predecessors predicting in line with the BHW model (Bikchandani, S., Hirshleifer, D., & Welch, I. (1992). A theory of fads, fashion, custom, and cultural change as informational cascades. Journal of Political...
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Off-grid generation options have been simulated for remote villages in Cameroon using a load of 110kWh/day and 12kWp. The energy costs of proposed options were simulated using HOMER, a typical village load profile, the solar resource of Garoua and the flow of river Mungo. For a 40% increase in...
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We consider a sequential two-party bargaining game with uncertain information transmission. When the first mover states her demand she does only know the probability with which the second mover will be informed about it. The informed second mover can either accept or reject the offer and payoffs...
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One individual and three collective punishment rules in a public good setting are analyzed. Evidence and explanations for differences between the rules concerning punishment intensity, contribution, profit levels, and justice are presented. Influences crucial to participants’ support for...
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