We compare how well agents aggregate information in two repeated social learning environments. In the first setting agents have access to a public data set. In the second they have access to the same data, and also to the past actions of others. Despite the fact that actions contain no...

We study patterns of behavior in bilateral bargaining situations using a rich, new dataset describing over 88 million listings from eBay's Best Offer platform, with back-and-forth bargaining occurring in over 25 million of these listings. We document patterns of behavior and relate them to...

We study patterns of behavior in bilateral bargaining situations using a rich, new dataset describing over 88 million listings from eBay's Best Offer platform, with back-and-forth bargaining occurring in over 25 million of these listings. We document patterns of behavior and relate them to...

Individuals often make decisions based on perceived social norms and widely-held stereotypes. It is often difficult to elicit such beliefs, since subjects commonly give inaccurate or “politically correct” responses to subjective, sensitive topics. This paper compares two methodological...

I Introduction -- II From Reproduction To Evolution (1 Reproduction as Basic Perspective of Political Economy 2 Reproduction of What? 3 Subjects and Needs as Ontological Concept 4 Selection, Adaptation, and Innovation in Evolutionary Process 5 Evolutionary Rationality?)Appendix: Fisher's Theorem...

In this paper we introduce and analyze the procedural egalitarian solution for transferable utility games. This new concept is based on the result of a coalitional bargaining procedure in which egalitarian considerations play a central role. The procedural egalitarian solution is the first...

Following the British decision to leave the European Union, the question arises as to how relations should be conducted going forward. The objective of the negotiations between Great Britain and the EU is to ensure which strategy is best - both for the British and the EU. Another important...

Verbraucherschützer fordern häufig mehr Regulierungen, strengere Kontrollen und härtere Strafen bei Verstößen gegen die Verbraucherrechte. Doch sind Anbieter tatsächlich nur auf ihren Eigennutz bedacht und nutzen jede Möglichkeit der Selbstbereicherung aus? Anlässlich des...

Game theory in economics -- Normal and extensive form games -- A first look at equilibrium -- Games with nature -- Nash equilibrium: existence and foundations -- Renements in dynamic games -- Signaling -- Repeated games -- Topics in dynamic games -- Bargaining -- Introduction to mechanism design...

This paper offers a new theory of discrimination in the workplace. We consider a manager who has to assign two tasks to two employees. The manager has superior information about the employees' abilities. We show that besides an equilibrium where the manager does not discriminate, equilibria...