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Application of Combinatorial Auctions on Allocation of Public Financial Support in the Area of Environmental Protection: Economic Laboratory Experiment

Fiala, Petr; Šauer, Petr - In: Politická ekonomie 2011 (2011) 3, pp. 379-392

This paper presents results of repeated economic lab experiments. They were designed to test a model of combinatorial …

Persistent link: https://www.econbiz.de/10009147148

Learning from Errors

Martinez-Legaz, Juan Enrique; Soubeyran, Antoine - Departament d'Economia i Història Econòmica, … - 2003

We present a model of learning in which agents learn from errors. If an action turns out to be an error, the agent … an acceptable solution is asymptotically reached. Moreover, one can take advantage of big errors for a faster learning. …

Persistent link: https://www.econbiz.de/10005572182

Strategic Choice Handicaps when Females Pay the Cost of the Handicap

Nöldeke, Georg; Samuelson, Larry - University of Bonn, Germany - 2001

We examine a strategic-choice handicap model in which males send costly signals to advertise their quality to females. Females are concerned with the net viability of the male with whom they mate, where net viability is a function of the male's quality and signal. We identify circumstances in...

Persistent link: https://www.econbiz.de/10004968337

Are economists different? economic model

Šeneklová, Jitka; Špalek, Jiří - In: Politická ekonomie 2009 (2009) 1, pp. 21-47

One of the key assumptions of neoclassical economics is the existence of the rational individual, who always tries to maximize his or her utility. The paper shows possibilities of experimental evaluation of this hypothesis with respect to the various groups of people who undertake the...

Persistent link: https://www.econbiz.de/10008754965