A new mechanism that substantially mitigates social dilemmas is examined theoretically and experimentally. It resembles the voluntary contribution mechanism (VCM) except that in each decision round subjects are ranked and then grouped according to their public contribution. The game has multiple...

According to theory a pure meritocracy is efficient because individual members are competitively rewarded according to their individual contributions to society. However, purely individually based meritocracies seldom occur. We introduce a new model of social production called “team-based...

A new mechanism that substantially mitigates social dilemmas is examined theoretically and experimentally. It resembles the voluntary contribution mechanism (VCM) except that in each decision round subjects are ranked and then grouped according to their public contribution. The game has multiple...

Social stratification, segregation and inequity invite concerns about fairness and social harmony. Our game-theoretic and experimental results indicate that they can also be detrimental to productivity, efficiency, and welfare. Class is defined by players’ resources, incentives to make a...

This book brings together contributions of a distinguished panel of regulators as well as lawyers and economists from both academia and industry to present their insights on the digital convergence phenomenon in the telecommunications industry. The contributions cover a great deal of the...

The international conference "Group Decision and Negotiation (GDN) 2006" aims at bringing together researchers in the areas of Group Decisions, Negotiations, and Negotiation Support Systems. Participants share a common research focus on complex decision problems, which involve multiple...