Showing 1 - 10 of 474
The so-called paradox of democracy is approached as a variant of a more general class of so-called paradoxes of self-amendment. It is studied from a legal philosophy and a game theoretic point of view. Special attention is devoted to the risks and chances of inducing the foes of democracy to...
Persistent link: https://www.econbiz.de/10005765130
If the (un)trustworthy are rare, people will talk about them, making their detection more reliable and / or less costly. When, however, both types appear in large numbers, detecting (un)trustworthiness will be considerably more difficult and possibly too costly. Based on Güth and Kliemt (2000)...
Persistent link: https://www.econbiz.de/10005588015
Economists usually treat human behavior as being determined by the shadow of the future, while most other social scientists point to the shadow of the past. This paper considers experimental evidence relevant to the controversy and tries to reconcile both explanations of human behavior with each...
Persistent link: https://www.econbiz.de/10005252200
The indirect evolutionary approach integrates forward-looking evaluation of opportunities and adaptation in the light of the past. Subjective motivation determines behaviour, but long-run evolutionary success of motivational types depends on objective factors only. This can justify intrinsic...
Persistent link: https://www.econbiz.de/10005393268
The indirect evolutionary approach integrates forward-looking evaluation of opportunities and adaptation in the light of the past. Subjective motivation determines behavior, but long-run evolutionary success of motivational types depends on objective factors only. This can justify intrinsic...
Persistent link: https://www.econbiz.de/10005588022
This paper brings together views on choice making as have been developed in philosophy, psychology, and economics. Starting from specific examples the relative merits of different approaches are discussed. The conclusion that models of boundedly rational behavior are the future of social science...
Persistent link: https://www.econbiz.de/10005515302
Persistent link: https://www.econbiz.de/10005515367
This paper focuses on the uneasy alliance of rational choice and evolutionary explanations in modern economics. While direct evolutionary explanations rule out "purposeful" rational choice by assuming "zero-intelligence" and pure rational choice explanations leave no room for "selective"...
Persistent link: https://www.econbiz.de/10005396148
Retributive responses play a role in human behavior. Are they triggered primarily by supposed intentions or by observed consequences of actions? Experimental studies were conducted of retributive responses in situations in which the individual actor may inflict harmful consequences without...
Persistent link: https://www.econbiz.de/10011136161
This new and original collection of papers focuses on the intersection of three strands of research: evolutionary economics, behavioral economics, and management studies. Combining theoretical and empirical contributions, the expert contributors demonstrate that the intersection of these fields...
Persistent link: https://www.econbiz.de/10011182315