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Contents List of Figures ix List of Abbreviations xi List of Symbols xiii Foreword of...
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This paper develops a method to integrate affective reponses into game theoretical models. We illustrate our method in a team production framework. The model analyzes how concave and convex status preferences for esteem solve the problem of team production under complete and incomplete...
Persistent link: https://www.econbiz.de/10010532532
We propose a dual selves model to integrate affective responses and belief-dependent emotions into game theory. We apply our model to team production and model a worker as being composed of a rational self, who chooses effort, and an emotional self, who expresses esteem. Similar to psychological...
Persistent link: https://www.econbiz.de/10012062314
Wir argumentieren und zeigen anhand einer Fallstudie, dass der Preismechanismus Pay-What-You-Want bei spezifischen öffentlichen Gütern eingesetzt werden kann. Durch die Einnahmen aus freiwilligen Zahlungen kann eine Teilfinanzierung der Erstellungskosten erfolgen. Wir grenzen Pay-What-You-Want...
Persistent link: https://www.econbiz.de/10015270627
Pay What You Want (PWYW) pricing has received considerable attention recently. Empirical studies show that if PWYW pricing is implemented, in a number of cases consumers do not behave selfishly and that some producers are able to use PWYW for increasing turnover and profits respectively. In this...
Persistent link: https://www.econbiz.de/10010294360
We experimentally investigate a finitely repeated public good game with varying partners. Within each period, participants are pairwise matched and contribute simultaneously. Participants are informed about contributions and each participant evaluates her partner's contribution. At the beginning...
Persistent link: https://www.econbiz.de/10010294404
The achievement of collective climate targets is hampered by a large number of factors. Most obvious is the conflict between self-interest and group interest at both the intra- and intergenerational level. Several experimental studies examine the effects of factors such as wealth heterogeneity,...
Persistent link: https://www.econbiz.de/10015240358
Pay What You Want (PWYW) pricing has received considerable attention recently. Empirical studies show that when PWYW pricing is implemented buyers do not behave selfishly in a number of cases and that some sellers are able to use PWYW to increase turnover as well as profits. In this paper we...
Persistent link: https://www.econbiz.de/10015240519