Download e-book for kindle: Advances in Behavioral Economics: Essays in Honor of Horst by Professor Dr. Friedel Bolle, Professor Dr. Michael Carlberg

By Professor Dr. Friedel Bolle, Professor Dr. Michael Carlberg (auth.), Professor Dr. Friedel Bolle, Professor Dr. Michael Carlberg (eds.)

ISBN-10: 3642575714

ISBN-13: 9783642575716

ISBN-10: 3790813583

ISBN-13: 9783790813586

The connection of monetary concept and behaviour is among the critical subject matters of this e-book - and likewise a critical factor in fiscal deliberating Horst Todt to whom this publication is devoted. The contributions care for themes of normative and descriptive decision-making: They examine, for example, the emergence of selections or the position of imitation as a aggressive precept. a couple of contributions deal with specified decision-making difficulties on a micro or on a macro point, while others pay attention to the primary questions of decision-making or at the conceptualization of significant yet fuzzy notions like strength or solidarity.

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Smith, Jr. (1996). Rules of thumb in Macroeconomic Equilibrium: A Quantitative Analysis. Journal of Economic Dynamics and Control 20, 527-558. [13] La Salle, J. and S. Lefschetz (1961). Stability by Liapunov's Direct Method with Applications. New York: Academic Press. [14] Lettau, M. and H. Uhlig (1999). Rules of Thumb Versus Dynamic Programming. American Economic Review 89(1), 148-174. [15] Lorenz, K. (1974). Die stammesgeschichtlichen Grundlagen menschlichen Verhaltens. In G. ), Die Evolution der Organismen, pp.

V. Budescu, I. Erev, and R. ), Mahwah, NJ: Lawrence Erlbaum Associates. [20] Shapiro, E. (1975). Effects of Future Interaction on Reward Allocation in Dyads: Equity or Equality. Journal of Personality and Social Psychology 91, 873-880. [21] Slembeck, T. (1999). Reputations and Fairness in Bargaining - Experimental Evidence from a Repeated Ultimatum Game with Fixed Opponents. Discussion Paper No. 9904, Department of Economics, University of St. Gallen. [22] Slonim, R. and A. Roth (1998). Learning in High Stakes Ultimatum Games: An Experiment in the Slovak Republic.

The factorial n! = I * 2 * ... * n expresses the total number of permutations which can be formed out of an ordered set of n players. Thus, the probability of a specific permutation is lin!. Note that each permutation has one and only one pivotal player. P! (v), ... ~n - 8)! 5) n. Pi(V) we look at all subsets S of N which have i as an element and ask, for each such S, (a) whether S is a winning coalition and, if yes, (b) whether i can turn a winning coalition into a losing coalition by defecting from S.

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Advances in Behavioral Economics: Essays in Honor of Horst Todt by Professor Dr. Friedel Bolle, Professor Dr. Michael Carlberg (auth.), Professor Dr. Friedel Bolle, Professor Dr. Michael Carlberg (eds.)


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