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Condorcet's jury theorem as a rational justification of soft paternalistic consumer policies

Dold, Malte - 2015

The objective of this note is to revisit the meaningfulness of the Condorcet Jury Theorem (CJT) and apply it to the recent debate on liberal paternalism and consumer protection. The CJT con-sists of two parts, (a) stating that a jury of experts is always more competent than a single expert given...

Persistent link: https://www.econbiz.de/10011403643

Embodied Social Presence Theory

Mennecke, Brian; Triplett, Janea L.; Hassall, Lesya M.; … - 2015

This paper develops and offers the theory of embodied social presence (ESP). The paper reviews the literature on place … interaction in multi-user virtual environments has been largely overlooked. We draw on Activity Theory to frame our model of … embodied social presence. Activity Theory proposes that a learner (i.e., a social actor in a virtual environment) derives …

Persistent link: https://www.econbiz.de/10014213754

The Lexicon and Grammar of Affect-as-Information in Consumer Decision Making : The GAIM

Pham, Michel Tuan - 2011

This chapter examines how the original tenets of the affect-as-information hypothesis can be extended to explain a wide range of judgment phenomena, especially with respect to consumer decision making. To this end, research within social psychology as well as research from other fields such as...

Persistent link: https://www.econbiz.de/10014218375

Identifying Structural Models of Committee Decisions with Heterogeneous Tastes and Ideological Bias

An, Yonghong - 2013

We study the nonparametric identification and estimation of a structural model for committee decisions. Members of a committee share a common information set, but differ in ideological bias while processing multiple information sources and in individual tastes while weighing multiple objectives....

Persistent link: https://www.econbiz.de/10013074501

Diffusion of Shared Goods in Consumer Coalitions. An Agent-Based Model

Pasimeni, Francesco - 2019

This paper focuses on the process of coalition formation conditioning the common decision to adopt a shared good, which cannot be afforded by an average single consumer and whose use cannot be exhausted by any single consumer. An agent based model is developed to study the interplay between...

Persistent link: https://www.econbiz.de/10012896875

Health, responsibility and taxation with a fresh start

Calo-Blanco, Aitor - In: SERIEs : Journal of the Spanish Economic Association 8 (2017) 2, pp. 177-199

In a model where individuals differ in both their health care needs and their lifestyle preferences, we examine the fair provision of health care when those who regret their initial decisions are granted a fresh start. By considering that each agent chooses how to allocate a given amount of...

Persistent link: https://www.econbiz.de/10011707371

Green Certification, Heterogeneous Producers, and Green Consumers : A Welfare Analysis of Environmental Regulations

Walter, Jason M. - 2018

We develop a vertical differentiation model to analyze welfare implications of environmental policies in a competitive market with production and consumption heterogeneity. Consumers with heterogeneous preferences choose between non-green and certified green products, while producers with...

Persistent link: https://www.econbiz.de/10012933068

Collective Action, Meta-Preferences and Emotions

Cante, Freddy - 2008

Collective action is (fundamentally) a problem of moral, political or ideological consensus of meta-preferences or emotional coordination. It is also a problem of negotiation and the intensity of preference-dependent cooperation (ordering individual and collective results). Even though...

Persistent link: https://www.econbiz.de/10012771572

The Collective Benefits of Feeling Good and Letting Go : Positive Emotion and (Dis)Inhibition Interact to Predict Cooperative Behavior

Rand, David G.; Kraft-Todd, Gordon T.; Gruber, June - 2015

Cooperation is central to human existence, forming the bedrock of everyday social relationships and larger societal structures. Thus, understanding the psychological underpinnings of cooperation is of both scientific and practical importance. Recent work using a dual-process framework suggests...

Persistent link: https://www.econbiz.de/10014037300

Follow the Leader : Simulations on a Dynamic Social Network

Goldbaum, David - 2013

This paper introduces a process of individual adjustment based on private local experiences and observation that allows for the emergence of a global social structure that is the equilibrium to the static follow-the-leader game of Goldbaum (2013). The setting rewards agents for being early...

Persistent link: https://www.econbiz.de/10014037989