Results 71 to 80 of about 395,591 (212)
Asymmetric sanctions and corruption: Theory and practice in China
Economic Inquiry, EarlyView.Abstract Asymmetric punishment of partners in crime, intended to incentivize whistle‐blowing, may increase detection and deterrence. The idea is age‐old but its use against corruption is not frequent. We study a 1997 Chinese reform that strengthened such asymmetries for some forms of bribery.
Maria Perrotta Berlin +3 more
wiley +1 more source
Partners or rivals? Strategies for the iterated prisoner's dilemma
Games Econ. Behav., 2015 Within the class of memory-one strategies for the iterated Prisoner's Dilemma, we characterize partner strategies, competitive strategies and zero-determinant strategies.
C. Hilbe, A. Traulsen, K. Sigmund
semanticscholar +1 more source
Pairwise Imitation and Tournament Graphs
International Economic Review, EarlyView.ABSTRACT This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise interactions. We characterize PII using weak tournament graphs and, for a broad class of dynamics, establish a one‐shot stability result for ...
Sung‐Ha Hwang +3 more
wiley +1 more source
Exploiting a cognitive bias promotes cooperation in social dilemma experiments
Nature Communications, 2018 The decoy effect refers to the fact that the presence of a third option can shift people’s preferences between two other options even though the third option is inferior to both.
Zhen Wang +5 more
doaj +1 more source
Strategic delegation and risk‐taking in R&D: Partial delegation versus full delegation
International Journal of Economic Theory, EarlyView.Abstract We examine firm's risk‐taking decisions in R&D under two different delegation strategies between partial delegation (PD) and full delegation (FD): FD authorizes both quantity and R&D risk but PD only authorizes quantity. Cournot firms under the FD set higher profit weights at the expected value of cost realization, which can lessen competition,
Mingqing Xing, Sang‐Ho Lee
wiley +1 more source
A short note on the prisoner’s dilemma as applied to public procurement [PDF]
The prisoner’s dilemma is sometimes invoked to describe the situation facing participants in tenders. Reasoning on the basis of the dilemma metaphor, it is contended that agreeing not to bribe public officials in order to win contracts (collaboration ...
Claudio Weber Abramo
core
The Impact of Coevolution and Abstention on the Emergence of Cooperation
, 2017 This paper explores the Coevolutionary Optional Prisoner's Dilemma (COPD) game, which is a simple model to coevolve game strategy and link weights of agents playing the Optional Prisoner's Dilemma game.
Cardinot, Marcos +2 more
core +1 more source
Resilient cooperators stabilize long-run cooperation in the finitely repeated Prisoner's Dilemma
Nature Communications, 2017 Learning in finitely repeated games of cooperation remains poorly understood in part because their dynamics play out over a timescale exceeding that of traditional lab experiments.
Andrew Mao +3 more
semanticscholar +1 more source
Strategic environmental corporate social responsibility in a vertically differentiated duopoly
International Journal of Economic Theory, EarlyView.Abstract We investigate firms' strategic incentives to adopt environmental corporate social responsibility (ECSR) in the presence of quality–cost differences within a vertically differentiated duopoly. We find that (i) the low‐quality firm chooses a higher (lower) ECSR level than the high‐quality firm when the low‐quality firm has a relatively more ...
Mingqing Xing, Sang‐Ho Lee
wiley +1 more source
We Value Your Privacy: Behavior‐Based Pricing Under Endogenous Privacy
Journal of Economics &Management Strategy, EarlyView.ABSTRACT We study a duopoly model of behavior‐based pricing in which consumers can either disclose or hide their data. We contrast two data policies. Under an open data policy, disclosed data is shared with all firms. In the unique equilibrium, all consumers disclose, and firms price discriminate, leading to welfare losses from inefficient poaching ...
Friederike Heiny +2 more
wiley +1 more source