Although the study of economic systems, such as free enterprise, is inherently entwined with human societies, studying the evolutionary roots of behaviors involved can tell us a great deal about ourselves. One of the values involved in free enterprise is a sense of fairness. A similar reaction,...

We consider a bargaining environment where there is asymmetric information regarding whether the two players have common or conflicting preferences. If the cost of strategic communication is independent of the state, then signaling is not expected to be effective. If the uninformed agent...

Decreasing social sensitivity (i.e., the ability of a person to perceive, understand, and respect the feelings and viewpoints of others), has been shown to facilitate selfish behavior. This is not only true for exogenous changes in social sensitivity, but also for social sensitivity influenced...