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Negative Reciprocity: The Coevolution of Memes and Genes

Friedman, Daniel; Singh, Nirvikar - EconWPA - 2004

A preference for negative reciprocity is an important part of the human emotional repertoire. We model its role in … sustaining cooperative behavior but highlight an intrinsic free-rider problem: the fitness benefits of negative reciprocity are … reciprocity is a meme consisting of a group norm together with low-powered (and low-cost) group enforcement of the norm. The main …

Persistent link: https://www.econbiz.de/10005550868

When Punishment Fails: Research on Sanctions, Intentions and Non- Cooperation

Houser, Daniel; Xiao, Erte; McCabe, Kevin; Smith, Vernon - EconWPA - 2005

People can become less cooperative when threatened with sanctions, and researchers have pointed to both 'intentions' and incentives as sources of this effect. This paper reports data from a novel experimental design aimed at determining the relative importance of intentions and incentives in...

Persistent link: https://www.econbiz.de/10005556667

Sustaining Cooperation in trust Games

McCabe, Kevin; Rigdon, Mary; Smith, Vernon - EconWPA - 2004

-person trust game. Players are typed based on their recent track record as whether or not they are trusting (Players 1) and whether …

Persistent link: https://www.econbiz.de/10005125594

Who Do We Tip and Why? An Empirical Investigation

Azar, Ofer H. - EconWPA - 2005

An important question about social norms is whether they are created to increase welfare; I address it by examining the characteristics of tipped and non-tipped occupations. Tipping prevalence is negatively correlated with worker’s income and consumer’s monitoring ability and positively with...

Persistent link: https://www.econbiz.de/10005408287

Review of the Disability Discrimination Act 1992

Commission, Productivity - EconWPA - 2004

The terms of reference for this public inquiry into the Disability Discrimination Act 1992 asked the Commission to look at how effective the Act had been been in achieving its objectives, and to assess the costs and benefits of the Act. In its final assessment, the Commission identified ways in...

Persistent link: https://www.econbiz.de/10005412524

Agent Behaviour, Financial Market and Welfare Theory

Paranque, Bernard; Baets, Walter; Pruden, Henry - EconWPA - 2005

An important literature has pointed out the coordination problems faced by the agents, in particular the financial one when they have to manage risk and their portfolio. If we follow Kaldor and its definition of speculation, then we could point out that in this case agents are short term...

Persistent link: https://www.econbiz.de/10005413089

The Economic Incentives for Sharing Security Information

Gal-Or, Esther; Ghose, Anindya - EconWPA - 2005

Given that Information Technology (IT) security has emerged as an important issue in the last few years, the subject of security information sharing among firms, as a tool to minimize security breaches, has gained the interest of practitioners and academics. To promote the disclosure and sharing...

Persistent link: https://www.econbiz.de/10005076885

Banks' equity stakes in borrowing firms: A corporate finance approach

Vauhkonen, Jukka - EconWPA - 2004

In most countries, banks’ equity holdings in firms that borrow from then are rather small. In light of the theoretical literature, this is somewhat surprising. For example, according to agency cost models, allowing banks to hold equity would seem to alleviate firms’ asset substitution moral...

Persistent link: https://www.econbiz.de/10005062370

Maquiladoras and Standard of Living in Mexico Before and After NAFTA

Huato, Julio - EconWPA - 2005

This study assesses the impact across states of for-export, mostly foreign-owned manufacturing plants (commonly known as 'maquiladoras') on various measures of standard of living in Mexico, namely literacy rate, school attendance rates, housing characteristics, life expectancy, infant mortality,...

Persistent link: https://www.econbiz.de/10005555993

Choice of union-firm bargaining agenda and social welfare

Pal, Rupayan - EconWPA - 2005

This paper shows that with a strong labour union, bargaining over piece rate generates higher social welfare than bargaining over fixed wage. Moreover, this social welfare exceeds the social welfare under efficient bargaining level, if the union is very strong.

Persistent link: https://www.econbiz.de/10005556923