Showing 1 - 10 of 111
In line with the widely applied principle of just deserts, we assume that the severity of the penalty on a contract offender increases in the harm on the other. When this principle holds, the influence of the efficiency of the agreement on the incentives to abide by it crucially depends on...
Persistent link: https://www.econbiz.de/10010281267
In line with the widely applied principle of just deserts, we assume that the severity of the penalty on a contract offender increases in the harm on the other. When this principle holds, the influence of the efficiency of the agreement on the incentives to abide by it crucially depends on...
Persistent link: https://www.econbiz.de/10005190823
We discuss attempts to justify conditional cooperation in the Prisoners’ Dilemma based on the idea of identifying an opponent’s strategy. We note that the concept of such complete transparency of decision procedures is logically inconsistent. Furthermore, we observe that attempts to justify...
Persistent link: https://www.econbiz.de/10005649337
We develop a simple model of generous behavior. It is based on the premise that some people are generous, but everyone wants to appear generous. Although non-monetary donations are always inefficient, our model predicts donors to favor non-monetary donations when the inefficiency is relatively...
Persistent link: https://www.econbiz.de/10010281233
's Protestant Ethics that 'Protestant values' such as self-reliance and austerity should affect both the size and scope of …
Persistent link: https://www.econbiz.de/10010281342
The present paper begins by outlining a theoretical, rational- choice approach to understanding how religious beliefs and affiliations might influence the behavior of individuals. This influence arises from an expectation that the god in question punishes certain forms of action and from social...
Persistent link: https://www.econbiz.de/10005423866
We develop a simple model of generous behavior. It is based on the premise that some people are generous, but everyone wants to appear generous. Although non-monetary donations are always inefficient, our model predicts donors to favor non-monetary donations when the inefficiency is relatively...
Persistent link: https://www.econbiz.de/10005649458
’s Protestant Ethics that ‚Protestant values’ such as self-reliance and austerity should affect both the size and scope of …
Persistent link: https://www.econbiz.de/10005649483
We propose a political theory for the slow adoption of technology in sports and other contests. We investigate players' preferences for new technology that improves contest accuracy. Modeling accuracy as the elasticity of "production" in a standard Tullock contest, we show that players may be...
Persistent link: https://www.econbiz.de/10011381250
In Young (1993, 1998) agents are recurrently matched to play a finite game and almost always play a myopic best reply to a frequency distribution based on a sample from the recent history of play. He proves that in a generic class of finite n-player games, as the mutation rate tends to zero,...
Persistent link: https://www.econbiz.de/10010281156