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-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard … account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its …
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Mentalising is assumed to be involved in decision-making that is necessary to social interaction. We investigated the relationship between mentalising and two types of strategic games - those involving the choice to cooperate with another for joint gain or compete for own gain and those...
Persistent link: https://www.econbiz.de/10014085088
This paper demonstrates that cooperation in international environmental negotiations can be explained by preferences … standard non-cooperative equilibrium, cooperation of a large fraction or even of all countries can establish a Nash equilibrium … full cooperation can be reached. …
Persistent link: https://www.econbiz.de/10011445929
perceived as an outcome of fair cooperation. …
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perceived as an outcome of fair cooperation. …
Persistent link: https://www.econbiz.de/10003121009
According to the Framework Convention on Climate Change, global collective action is needed to stabilize "greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system." The Framework Convention thus...
Persistent link: https://www.econbiz.de/10010229864
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
’s choice. The results show that second mover cooperation is higher when the first mover has little control over their choice … mover cooperation and provide potential explanations for the experimental results. …
Persistent link: https://www.econbiz.de/10012591536