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This paper incorporates aspects of humans' evolved cognition into a formal model of cultural evolution and scrutinizes their interactions with population-level processes. It is shown how the biased transmission of different kinds of behavior via cultural learning processes influences agents'...
Persistent link: https://www.econbiz.de/10010266741
This paper incorporates aspects of humans’ evolved cognition into a formal model of cultural evolution and scrutinizes their interactions with population-level processes. It is shown how the biased transmission of different kinds of behavior via cultural learning processes influences agents’...
Persistent link: https://www.econbiz.de/10005765353
A characteristic feature of economic development is the ever changing structure of consumption patterns. Reducing the explanation of this phenomenon to changing prices, finally caused by changes in the availability of goods (or characteristics), would neglect a major force driving this change,...
Persistent link: https://www.econbiz.de/10003147507
The impact that the retail format has on the level of individual motivation tends to be overlooked in discussions of the determinants of organic consumption, this neglect due to the tendency to model individual and contextual factors separately. Hence, the dominant research paradigm has...
Persistent link: https://www.econbiz.de/10010252388
This paper analyzes optimal product lines when consumers differ both in their taste for quality and in their desire for social image. The market outcome features partial pooling and product differentiation that is not driven by heterogeneous valuations for quality but by image concerns. A...
Persistent link: https://www.econbiz.de/10011899163
reputation: “Reputation Failure.” By spotlighting the public-good nature of reviews, rankings, and even gossip, this Article … biases that systematically distort it. The Article argues that these distortions are inherent to most systems of reputation … and that they make reputation far less reliable than traditionally understood.The limits of reputation highlight the …
Persistent link: https://www.econbiz.de/10012851499
An evolutionary perspective on economic behavior has to account for the influences that thehuman genetic endowment has on the choices the agents make. Likely to have been fixed intimes of fierce selection pressure, this endowment is presumably adapted to the livingconditions of early humans. If...
Persistent link: https://www.econbiz.de/10009138620
The article analyzes the results of the jubilee X International Symposium on Evolutionary Economics “The Evolution of Economic Theory: Reproduction, Technology, Institutions”. The main scientific and organizational challenges in the field of evolutionary economics are discussed, promising...
Persistent link: https://www.econbiz.de/10011007744
Purpose The purpose of this paper is to examine whether reputation element affects the decision relative performance of … following lab experiments bonus-incentive treatment without reputation, bonus-incentive treatment with reputation and trust …-incentive treatment with reputation. Findings The study finds that the reputation and fairness concerns, in contrast to self-interest, may …
Persistent link: https://www.econbiz.de/10012182130
Purpose – The purpose of this paper is to examine whether reputation element affects the decision relative performance … conducts the following lab experiments bonus–incentive treatment without reputation, bonus–incentive treatment with reputation … and trust–incentive treatment with reputation. Findings – The study finds that the reputation and fairness concerns, in …
Persistent link: https://www.econbiz.de/10012861925