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Cooperation hidden frontiers : the behavioral foundations of the Italian North-South divide

Bigoni, Maria; Bortolotti, Stefania; Casari, Marco; … - 2013

Socio-economic performance differs not only across countries but within countries too and can persist even after religion, language, and formal institutions are long shared. One interpretation of these disparities is that successful regions are characterized by higher levels of trust, and, more...

Persistent link: https://www.econbiz.de/10011730997

Knocking on hell's door : dismantling hate with cultural consumption

Denti, Daria; Crociata, Alessandro; Faggian, Alessandra - 2021

Persistent link: https://www.econbiz.de/10012649383

Cutting in Line: Social Norms in Queues

Allon, Gad; Hanany, Eran - In: Management Science 58 (2012) 3, pp. 493-506

Although the norm in many retail banks is to serve customers on a first-come, first-served basis, some customers try to cut the line, usually by providing an excuse for their urgency. In other queues, however, this behavior is considered unacceptable and is aggressively banned. In all of these...

Persistent link: https://www.econbiz.de/10010990436

Evolution and Interaction of Social Norms

Matsui, A.; Okuno-Fujiwara, M. - Institute of Social and Economic Research (ISER), Osaka … - 1997

We use the framework of random matching games and develop a two society model to analyze the interaction of societies … with different social norms. Each agent repeatedly faces two different coordination games. A social norm of a society is a …

Persistent link: https://www.econbiz.de/10005780318

Evolution and Interaction of Social Norms

Matsui, A.; Okuno-Fujiwara, M. - Institute of Social and Economic Research (ISER), Osaka … - 1997

Persistent link: https://www.econbiz.de/10008602835

Least Unmatched Price Auctions: A First Approach

Eichberger, Jürgen; Vinogradov, Dmitri - 2008

Least-Unmatched Price Auctions have become a popular format of TV and radio shows. Increasingly, they are also applied in internet trading. In these auctions the lowest single (unique) bid wins. We analyze the game-theoretic solution of least unmatched price auctions when prize, bidding cost and...

Persistent link: https://www.econbiz.de/10011422186

A classroom game to teach the principles of money and banking

Hoffer, Adam - In: Cogent Economics & Finance 3 (2015) 1, pp. 1-13

This paper describes how to implement and run a game for teaching the principles of money and banking to an undergraduate economics class. The game primarily deals with the market for loanable funds, but numerous extensions are provided to cover topics such as monetary policy, the tools of the...

Persistent link: https://www.econbiz.de/10011559177

Testing the TASP: An experimental investigation of learning in games with unstable equilibria

Cason, Timothy N.; Friedman, Daniel; Hopkins, Ed - 2009

We report experiments designed to test between Nash equilibria that are stable and unstable under learning. The 'TASP … equilibrium under fictitious play like learning processes. We use two 4 x 4 games each with a unique mixed Nash equilibrium; one … is stable and one is unstable under learning. Both games are versions of Rock-Paper-Scissors with the addition of a …

Persistent link: https://www.econbiz.de/10010288137

QRE, NSNX and the Paradox of Voting

Margolis, Howard - In: Journal of Theoretical Politics 20 (2008) 4, pp. 443-460

Levine and Palfrey's QRE account of turnout in large elections raises the broader question of how much of a departure from standard rational choice theory is justified by the considerable repertoire of rational choice anomalies that has accumulated since Downs and Olson half a century ago. An...

Persistent link: https://www.econbiz.de/10010778022

Strategic Play and Risk Aversion in One-Shot Normal-Form Games: An Experimental Study

Ivanov, Asen - Department of Economics, School of Business

Persistent link: https://www.econbiz.de/10004982313