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We review the vast literature on social preferences by assessing what is known about their fundamental properties, their distribution in the broader population, and their consequences for important economic and political behaviors. We provide, in particular, an overview of the empirically...
Persistent link: https://www.econbiz.de/10014344510
We review the vast literature on social preferences by assessing what is known about their fundamental properties, their distribution in the broader population, and their consequences for important economic and political behaviors. We provide, in particular, an overview of the empirically...
Persistent link: https://www.econbiz.de/10014286648
In this paper, we present the general contribution of n-person game in turbulent environment of parliamentary coalitions. Same basic data about the coalition form and the characteristic function is necessary in order to connect n-person game theory and behavioral game theory. Taking the Norway...
Persistent link: https://www.econbiz.de/10010343122
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This paper introduces an extension of the vehicle routing problem by including several distributors in competition. Each customer is characterized by demand and a wholesale price. Under this scenario a solution may have unserviced customers and elementary routes with no customer visits. The...
Persistent link: https://www.econbiz.de/10011096375
The aim of this paper is to introduce prospect theory in a game theoretic framework. We address the complexity of the weighting function by restricting the object of our analysis to a 2-player 2-strategy game, in order to derive some core results. We find that dominant and indifferent strategies...
Persistent link: https://www.econbiz.de/10011110809