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In this experimental study we analyse three collective and one individual punishment rule in a public good setting. We … show that under all punishment rules cooperation is stronger and more sustainable than reported from settings without … punishment. Moreover, we present evidence and explanations for differences between the rules concerning punishment intensity …
Persistent link: https://www.econbiz.de/10009627290
Studying evolutionarily successful behavior we show in a general framework that when individuals maximizing payoff differentials invest resources in punishing others. Interestingly, these investments are increasing in individuals, own wealth and decreasing in the wealth of others.
Persistent link: https://www.econbiz.de/10009574881
punishment’. In addition, some exploratory findings involving the personality dimensions conscientiousness and tough …
Persistent link: https://www.econbiz.de/10009578010
Persistent link: https://www.econbiz.de/10001919370
We extend the analysis of the intertemporal utility maximization problem for Hindy-Huang-Kreps utilities reported in Bank and Riedel (1998) to the stochastic case. Existence and uniqueness of optimal consumption plans are established under arbitrary convex portfolio constraints, including both...
Persistent link: https://www.econbiz.de/10009581101
The use of nonparametric methods, which posit fewer assumptions and greater model flexibility than parametric methods, could provide useful insights when studying brand choice. It was found, however, that the data requirement for a fully nonparametric brand choice model is so great that...
Persistent link: https://www.econbiz.de/10009612039
The authors develop and test a model to study the influence of inventory-on-hand and price-based reference points on the consumption rate of consumers. The model is motivated by recent theoretical and empirical research which suggests inventory pressure can cause consumers to increase...
Persistent link: https://www.econbiz.de/10009615422
Persistent link: https://www.econbiz.de/10009622678
Spatial Internet Marketplaces are attractive as a mechanism to enable spatial applications to be built drawing on remote services for supply of data and for data manipulation. They differ from the usual distributed systems by treating the services as published by providers on the Internet and...
Persistent link: https://www.econbiz.de/10009658472
Persistent link: https://www.econbiz.de/10001919409