Showing 1 - 5 of 5
Die menschliche Art ist eine Spezies, die durch Einsatz von Institutionen undNormensystemen kollektive Güter (oder Übel) bereitzustellen vermag.1 Kollektive Güterbilden typischerweise Antworten auf Kollektivgut-Probleme. Eine besonders wichtige Klassesolcher Kollektivgut-Probleme entsteht im...
Persistent link: https://www.econbiz.de/10005866397
Relying on the specific example of ultimatum bargaining experiments this paperexplores the possible role of empirical knowledge of behavioural “norm(ative)facts” within the search for (W)RE – (Wide) Reflective Equilibria on normativeissues. Assuming that “pro-social” behaviour...
Persistent link: https://www.econbiz.de/10005866425
This paper analyses individual information acquisition in an ultimatum game with a-priori unknown outside options. We find that while individual play seems to accord reasonably well with the distribution of empirical behavior, contestants seem to grossly overweigh the value of information. While...
Persistent link: https://www.econbiz.de/10005765091
In the Yes/No game, like in the ultimatum game, proposer and responder can share a monetary reward. In both games the proposer suggests a reward distribution which the responder can accept or reject (yielding 0-payoffs). The games only differ in that the responder does (not) learn the suggested...
Persistent link: https://www.econbiz.de/10005765107
In this note we establish that rational demand expectations will typically not evolve in an evolutionary model. In an evolutionary model, beliefs act like a commitment device to more aggressive behavior. This commitment effect has the same direction for strategic substitutes and complements and...
Persistent link: https://www.econbiz.de/10005765164