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Simulating conventions and norms under local interactions and imitation
Ille, Sebastian - 2013
This paper is based on Ille 2013. Both papers analyze the same model, but in contrast, this paper does not provide an analytical solution but rather resorts to simulations. This allows the reader, who is familiar with the former article, to retrace the results more thoroughly and without the...
Persistent link: https://www.econbiz.de/10009702290
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Quantifying expenditure hierarchies and the expansion of global consumption diversity
Chai, Andreas; Stepanova, Elena; Moneta, Alessio - 2022
Economic growth tends to stimulate fundamental changes in consumption patterns as consumers who get rich tend to spread their spending more evenly across a wider variety of goods and services. Comparing cross sectional spending patterns across rich and poor countries, we investigate how this...
Persistent link: https://www.econbiz.de/10013402052
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An eye-tracking study of feature-based choice in one-shot games
Devetag, Giovanna; Di Guida, Sibilla; Polonio, Luca - 2013
attention only to specific cells. Our results suggest that subjects apply boundedly rational decision heuristics that involve …
Persistent link: https://www.econbiz.de/10009709528
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Decidability and manipulability in social choice
Amendola, Gennaro; Marengo, Luigi; Settepanella, Simona - 2012
We present a geometric model of social choice when the latter takes place among bundles of interdependent elements, that we will call objects. We show that the outcome of the social choice process is highly dependent on the way these bundles are formed. By bundling and unbundling the same set of...
Persistent link: https://www.econbiz.de/10009558504
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Decidability in complex social choices
Amendola, Gennaro; Marengo, Luigi; Pirino, Davide; … - 2013
In this paper we develop on a geometric model of social choice among bundles of interdependent elements (objects). Social choice can be seen as a process of search for optima in a complex multi-dimensional space and objects determine a decomposition of such a space into subspaces. We present a...
Persistent link: https://www.econbiz.de/10010202789
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Decidability in complex social choices
Marengo, Luigi; Pirino, Davide; Settepanella, Simona; … - 2012
Recently, Marengo and Settepanella (2010) introduced a model of social choice among bundles of interdependent elements. In this paper we prove that their voting model is highly decidable, i.e. a group of agents that agrees to use such voting process has an high probability to reach a final...
Persistent link: https://www.econbiz.de/10009565190
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Assessing elicitation task bias in time preference using experiments with artificial subjects
Tokarchuk, Oksana; Gabriele, Roberto - 2010
choice task in multiple price list format (MPL) that is frequently implemented in experiments on time preference, through a … computer simulation analysis. We conduct experiments with artificial subjects to demonstrate that elicited discount rates are … artificial and human subjects suggests that behavior of human subjects in experiments with MPL can be described by two simple …
Persistent link: https://www.econbiz.de/10008729085
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Modularity and optimality in social choice
Amendola, Gennaro; Settepanella, Simona - 2010
Marengo and the second author have developed in the last years a geometric model of social choice when this takes place among bundles of interdependent elements, showing that by bundling and unbundling the same set of constituent elements an authority has the power of determining the social...
Persistent link: https://www.econbiz.de/10008729132
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Social choice among complex objects
Marengo, Luigi; Settepanella, Simona - 2010
We present a geometric model of social choice when the latter takes place among bundles of interdependent elements, that we will call objects. We show that the outcome of the social choice process is highly dependent on the way these bundles are formed. By bundling and unbundling the same set of...
Persistent link: https://www.econbiz.de/10008729160
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More or better? : measuring quality versus quantity in food consumption
Manig, Corinna; Moneta, Alessio - 2009
As people become richer they get the opportunity of consuming more but also qualitatively better goods. This holds for a basic commodity like food as well. We investigate food consumption in Russia, taking into account both expenditure and nutrition value in terms of calories. We analyze how...
Persistent link: https://www.econbiz.de/10008736329