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Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.
Persistent link: https://www.econbiz.de/10011514081
We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it creates stronger incentives for defection. We point out,...
Persistent link: https://www.econbiz.de/10014458804
We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it creates stronger incentives for defection. We point out,...
Persistent link: https://www.econbiz.de/10013331070
Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.
Persistent link: https://www.econbiz.de/10001737581
We investigate how group boundaries, and the economic environment surrounding groups, affect altruistic cooperation and … harm those who defect, encouraging a norm of cooperation towards the group. Adding competition between groups causes even … stronger in-group cooperation, but also a qualitative change in punishment: punishment becomes anti-social, harming cooperative …
Persistent link: https://www.econbiz.de/10009737086
Persistent link: https://www.econbiz.de/10008799082
I present a game-theoretic model where economic competition and attention competition are interdependent. On the one hand the effort to attract consumer attention depends on the value of attention to the firm which depends on the grade of price competition among all perceived firms. On the other...
Persistent link: https://www.econbiz.de/10013111461
Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable
Persistent link: https://www.econbiz.de/10013320155
In this paper we study a model where non-cooperative agents may exchange knowledge in a competitive environment. As a potential factor that could induce the knowledge disclosure between humans we consider the timing of the moves of players. We develop a simple model of a multistage game in which...
Persistent link: https://www.econbiz.de/10008664165
This paper studies optimal information disclosure in competing contests with identical players. Each player faces a capacity constraint on the total effort contribution and is ex ante uninformed about the difficulty of the task to be performed in one of the contests. The task can be either...
Persistent link: https://www.econbiz.de/10013212097