The banks in the Dutch chipcard market initially agreed on one chipcard system. One system is attractive for companies as well as consumers. Companies, banks and retailers, prevent costs of duplication, while consumers enjoy the benefits of a widespread acceptance of one card and do not face...

The self-organization into cooperative regimes of a system of "selfish" agents playing the pairwise Prisoner's Dilemma game (PDG) is analyzed using a simple agent-based model. At each time step t, the agents divide into those who cooperate (C) and those who defect (D). The agents have no memory...

We study games played between groups of players, where a given group decides which strategy it will play through a vote by its members. When groups consist of two voting players, our games can also be interpreted as network-formation games. In experiments on Stag Hunt games, we find that that...

The authors show how microeconomic concepts and principles are applicable to the study of terrorism. The utility maximization model provides insights into both terrorist resource allocation choices and government counterterrorism efforts, and basic game theory helps characterize the strategic...

We argue that trust can be incentivised by measures which increase the ability of trusters to protect themselves against risk. We work within the framework originally established by Berg, Dickhaut and McCabe (1995) in which trust is measured experimentally as the ability to generate reciprocity...

The paper deals with the literature on social evolution.

This paper explores the quantitative relation between non-random, assortative matching and the maintenance of cooperative behavior under evolutionary dynamics.

This paper addresses coalition government formation. We formulate a model that dresses why and when coalition governments from that include more than the minimum number of parties required for the majority.

This paper is concerned with the realism of mechanisms that implement social choice functions in the traditional sense. Will the agents actually play the equilibrium assumed by the analysis? As an example, we study the dynamic implementation of the first-best solution for the so-called King...