We investigate the impact of observability of contracts between a plaintiff and his attorney on both the efficiency of the environmental conflict and the fairness of the resulting outcome from the environmental conflict. By including two specific game-theoretic models (an observable-contract...

This paper examines evolutionary stability of preferences by employing deterministic replicator dynamics. The preferences of players are classified into three types: altruism, selfishness, and envy. In the stage game, players compete in pairs to maximize their subjective utilities, and, as a...