Beliefs and Decision Rules in Public Good Games

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Publisher : Springer Science & Business Media
ISBN 13 : 1475726546
Total Pages : 235 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Beliefs and Decision Rules in Public Good Games by : Theo Offerman

Download or read book Beliefs and Decision Rules in Public Good Games written by Theo Offerman and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part I provides an introduction to this study of players' beliefs and decision rules in to obtain data in order to public good games. The experimental method will be used test theoretical ideas about beliefs and decision rules. Chapter 1 discusses some methodological issues concerning experimentation in the social sciences. In particular, this chapter focuses on the relationship between experimental economics and social psychology. Chapter 2 provides an overview of psychological and economic ideas concerning players' beliefs and decision rules in public good games. This chapter forms the theoretical foundation of the book. Chapter 3 discusses some basic experimental tools which will be used in the experiments to be reported in part II. These basic experimental tools make up two procedures, to obtain a measure of a player's social orientation and a measure of her or his beliefs. 1. Experimentation in the social sciences 1.1 Introduction The study of human behavior is an area where economics and psychology overlap. Although both disciplines are concerned with the same human beings, they often have different points of view on how people make choices and the motivation behind it.

Handbook of Experimental Economics Results

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Publisher : Elsevier
ISBN 13 : 0444826424
Total Pages : 1175 pages
Book Rating : 4.4/5 (448 download)

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Book Synopsis Handbook of Experimental Economics Results by : Charles R. Plott

Download or read book Handbook of Experimental Economics Results written by Charles R. Plott and published by Elsevier. This book was released on 2008-08-21 with total page 1175 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the field of economics makes sharp distinctions and produces precise theory, the work of experimental economics sometimes appears blurred and may produce uncertain results. The contributors to this volume have provided brief notes describing specific experimental results.

Social Capital and Rural Development in the Knowledge Society

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Publisher : Edward Elgar Publishing
ISBN 13 : 1782540601
Total Pages : 353 pages
Book Rating : 4.7/5 (825 download)

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Book Synopsis Social Capital and Rural Development in the Knowledge Society by : Hans Westlund

Download or read book Social Capital and Rural Development in the Knowledge Society written by Hans Westlund and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔThis book by Westlund and Kobayashi emphasises the fact that the gap between urban and rural areas is no longer relevant today: all places and regions are under a strong influence from cities. The authors show in a straightforward way that the continuum between more and less urbanized places requires new types of regulations, based on innovation and local skills, and that rural policies cannot be based on agriculture only but primarily require the mobilization of local social capital links.Õ Ð AndrŽ Torre, INRA Ð Agroparistech, Paris, France ÔÒRuralÓ communities are not all resource dependent and very low-density places. Not all have people leaving in droves and no newcomers. This bookÕs theoretical arguments and case studies (from five countries) help one understand better the diversity of ÒruralÓ. We find population gainers, population losers; newcomers and long-term ÒstayersÓ together in sizable towns; Aboriginal communities where out-migration is limited. The diversity is a key dimension in the analyses of public and private action to build and maintain social capital.Õ Ð Roger E. Bolton, Williams College, US ÔThis amazingly surprising book takes the popular topic of social capital and provocatively examines the contemporary rural development issue. New social capital driven thinking and insights are applied globally from a conceptual frame and locally with examples. The way forward for both urban and rural development is achieved when the variables that define social capital are simultaneously balanced around focused development objectives. Examples show how a multidimensional view of social capital enables meaningful rural development.Õ Ð Roger R. Stough, George Mason University, US Social capital is often considered a key factor for local development. This book analyzes the role of social capital for rural areasÕ survival and development in the current age of metropolitan growth Ð an era in which urban is the norm and where rural areas must adapt to this new situation and build innovative urban-rural relations. The traditional division between ÔruralÕ and ÔurbanÕ is no longer valid in the knowledge society. Instead of being a homogeneous unit based on primary sector production, the countryside in the developed world increasingly consists of areas with very different development paths. With examples from Europe, Asia and America, the book discusses building and renewal of rural social capital from both bottom-up and top-down perspectives, and from the standpoint of business, and both the public and private sectors. Being the first book to treat social capital and rural development in the age of megacities and the knowledge economy, it will be of great benefit to academics interested in social capital research and rural development.

Political Economy and Public Finance

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781843767527
Total Pages : 264 pages
Book Rating : 4.7/5 (675 download)

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Book Synopsis Political Economy and Public Finance by : Stanley L. Winer

Download or read book Political Economy and Public Finance written by Stanley L. Winer and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a long-standing difference amongst public economists between those who think that collective choice must be formally acknowledged, and those who derive their policy recommendations from a social planning framework in which politics plays no role. The purpose of this book is to contribute to a meaningful dialogue between these two groups, in the belief that the future of both political economy and of normative public finance lies somewhere between the two approaches. Some of the specific questions addressed in the book include: does public finance need political economy? Should collective choice play a role in the standard of reference used in normative public finance? What is a 'failure' in a non-market or policy process? And what have we learned about the theory and practice of public finance from three decades of empirical research on public choice? The book also provides a practitioner's view of the political economy of redistribution.

Exclusion and cooperation in networks

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Publisher : Rozenberg Publishers
ISBN 13 : 9051709676
Total Pages : 230 pages
Book Rating : 4.0/5 (517 download)

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Book Synopsis Exclusion and cooperation in networks by : Aljaž Ule

Download or read book Exclusion and cooperation in networks written by Aljaž Ule and published by Rozenberg Publishers. This book was released on 2005 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Framing Effects in Taxation

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Publisher : Springer Science & Business Media
ISBN 13 : 3642959385
Total Pages : 211 pages
Book Rating : 4.6/5 (429 download)

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Book Synopsis Framing Effects in Taxation by : Stefan Traub

Download or read book Framing Effects in Taxation written by Stefan Traub and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: On October 24th, 1994, the pro-government German newspaper 'Die Welt' reported that the Minister of Family Affairs, Mrs. Hannelore Ransch, member of the ruling Christian Democratic Union (CD U), withdrew her candidacy for a second term after serving a four year term. While Chancellor Helmut Kohl and other party colleagues officially expressed their regret for this move, the conservative press openly announced their relief. A symbolic photo of Ransch was published together with the article: In the background, two direction indicators are discernable, one pointing to the 'emergency exit' and the other to the 'escape route'. What led up to this state of affairs? Some months before, Ransch had triggered off a storm of public indignation due to her proposal to partly re place the present German child-benefit system by 'tax fines for the childless'. To be exact, the minister's idea was to distinctly increase child allowance and child benefit, and to bill childless families for this measure, that is, childless couples and singles should have to payoff a tax surcharge christened 'Zu kunftsbeitrag' (,contribution to the future'). However, only the second part of her proposal, the tax fine, made it to the headlines (compare, for exam ple, 'Frankfurter Allgemeine Zeitung', February 19th, 1994, and 'Die Welt', March 28th, 1994).

Simulating Social Complexity

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Publisher : Springer
ISBN 13 : 3319669486
Total Pages : 838 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Simulating Social Complexity by : Bruce Edmonds

Download or read book Simulating Social Complexity written by Bruce Edmonds and published by Springer. This book was released on 2017-11-24 with total page 838 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines all aspects of using agent or individual-based simulation. This approach represents systems as individual elements having their own set of differing states and internal processes. The interactions between elements in the simulation represent interactions in the target systems. What makes this "social" is that it can represent an observed society. Social systems include all those systems where the components have individual agency but also interact with each other. This includes human societies and groups, but also increasingly socio-technical systems where the internet-based devices form the substrate for interaction. These systems are central to our lives, but are among the most complex known. This poses particular problems for those who wish to understand them. The complexity often makes analytic approaches infeasible but, on the other hand, natural language approaches are also inadequate for relating intricate cause and effect. This is why individual and agent-based computational approaches hold out the possibility of new and deeper understanding of such systems. This handbook marks the maturation of this new field. It brings together summaries of the best thinking and practices in this area from leading researchers in the field and constitutes a reference point for standards against which future methodological advances can be judged. This second edition adds new chapters on different modelling purposes and applying software engineering methods to simulation development. Revised existing content will keep the book up-to-date with recent developments. This volume will help those new to the field avoid "reinventing the wheel" each time, and give them a solid and wide grounding in the essential issues. It will also help those already in the field by providing accessible overviews of current thought. The material is divided into four sections: Introduction, Methodology, Mechanisms, and Applications. Each chapter starts with a very brief section called ‘Why read this chapter?’ followed by an abstract, which summarizes the content of the chapter. Each chapter also ends with a section on ‘Further Reading’. Whilst sometimes covering technical aspects, this second edition of Simulating Social Complexity is designed to be accessible to a wide range of researchers, including both those from the social sciences as well as those with a more formal background. It will be of use as a standard reference text in the field and also be suitable for graduate level courses.

The Journal of Law in Society

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Publisher :
ISBN 13 :
Total Pages : 646 pages
Book Rating : 4.:/5 (5 download)

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Book Synopsis The Journal of Law in Society by :

Download or read book The Journal of Law in Society written by and published by . This book was released on 2002 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Social Norms in Managerial Decision-Making: Psychological and/or Neural Perspectives

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Publisher : Frontiers Media SA
ISBN 13 : 2832513697
Total Pages : 206 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis Social Norms in Managerial Decision-Making: Psychological and/or Neural Perspectives by : Xile Yin

Download or read book Social Norms in Managerial Decision-Making: Psychological and/or Neural Perspectives written by Xile Yin and published by Frontiers Media SA. This book was released on 2023-02-03 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Business Horizons

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Publisher :
ISBN 13 :
Total Pages : 612 pages
Book Rating : 4.6/5 (813 download)

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Book Synopsis Business Horizons by : Kelly School of Business

Download or read book Business Horizons written by Kelly School of Business and published by . This book was released on 1999 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Judgment Misguided

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Publisher : Oxford University Press, USA
ISBN 13 : 0195111087
Total Pages : 238 pages
Book Rating : 4.1/5 (951 download)

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Book Synopsis Judgment Misguided by : Jonathan Baron

Download or read book Judgment Misguided written by Jonathan Baron and published by Oxford University Press, USA. This book was released on 1998 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: People often follow intuitive principles of decision making, ranging from group loyalty to the belief that nature is benign. But instead of using these principles as rules of thumb, we often treat them as absolutes and ignore the consequences of following them blindly. In Judgment Misguided, Jonathan Baron explores our well-meant and deeply felt personal intuitions about what is right and wrong, and how they affect the public domain. Baron argues that when these intuitions are valued in their own right, rather than as a means to another end, they often prevent us from achieving the results we want. Focusing on cases where our intuitive principles take over public decision making, the book examines some of our most common intuitions and the ways they can be misused. According to Baron, we can avoid these problems by paying more attention to the effects of our decisions. Written in a accessible style, the book is filled with compelling case studies, such as abortion, nuclear power, immigration, and the decline of the Atlantic fishery, among others, which illustrate a range of intuitions and how they impede the public's best interests. Judgment Misguided will be important reading for those involved in public decision making, and researchers and students in psychology and the social sciences, as well as everyone looking for insight into the decisions that affect us all.

Book Review Index

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Publisher :
ISBN 13 :
Total Pages : 1520 pages
Book Rating : 4.X/5 (4 download)

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Book Synopsis Book Review Index by :

Download or read book Book Review Index written by and published by . This book was released on 2003 with total page 1520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vols. 8-10 of the 1965-1984 master cumulation constitute a title index.

Food Security and Policy Interventions in Sub-Saharan Africa

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Publisher : Purdue University Press
ISBN 13 :
Total Pages : 772 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Food Security and Policy Interventions in Sub-Saharan Africa by : Johannes Paulus Maria Sijm

Download or read book Food Security and Policy Interventions in Sub-Saharan Africa written by Johannes Paulus Maria Sijm and published by Purdue University Press. This book was released on 1997 with total page 772 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the incidence and causes of national and household food insecurity, and analyses how policy interventions have affected food security.

A Bayesian Theory of Games

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Publisher : Chartridge Books Oxford
ISBN 13 : 1909287768
Total Pages : 108 pages
Book Rating : 4.9/5 (92 download)

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Book Synopsis A Bayesian Theory of Games by : Dr Jimmy Teng

Download or read book A Bayesian Theory of Games written by Dr Jimmy Teng and published by Chartridge Books Oxford. This book was released on 2013-10-01 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summary A Bayesian Theory of Games introduces a new game theoretic equilibrium concept: Bayesian equilibrium by iterative conjectures (BEIC). The new equilibrium concept achieves consistencies in results among different types of games that current games theory at times fails to. BEIC requires players to make predictions on the strategies of other players starting from first order uninformative predictive distribution functions (or conjectures) and keep updating with Bayesian statistical decision theoretic and game theoretic reasoning until a convergence of conjectures is achieved. In a BEIC, conjectures are consistent with the equilibrium or equilibriums they supported and so rationality is achieved for actions, strategies and beliefs and (statistical) decision rule. Given its ability to typically select only a unique equilibrium in games, the BEIC approach is capable of analyzing a larger set of games than current games theory, including games with noisy inaccurate observations and games with multiple sided incomplete information games. Key Features Provides a unified and consistent analysis of many categories of games. Its solution algorithm is iterative and has good computation properties. Can analyze more types of games than current existing games theory. The equilibrium concept and solution algorithm are based on Bayesian statistical decision theory. In the new equilibrium, rationality is achieved for action, strategy, belief (both prior and posterior) and decision rule. Beliefs are the results of optimization exercises of players. Uses first order uninformative conjectures and reaction functions to derive higher and higher orders of conjectures until a convergence of conjectures is achieved. Has great application value for it could solve many types of games and could model beliefs. The Author Dr Jimmy Teng currently teaches at the School of Economics of the University of Nottingham (Malaysia Campus). He is the author of many articles and two books. He received his economics PhD from the University of Toronto. He also earned a PhD in political Science and a MS in statistics from Duke University. He previously held research and teaching positions in Academia Sinica, National Taiwan University and Nanyang Technological University Readership Games theorists, decision theorists, economists, mathematicians, statisticians, operational researchers, social scientists, management researchers, public policy researchers, computer scientists Contents Preface Acknowledgments About the author Introduction Sequential games with incomplete information and noisy inaccurate observation; introduction; an inflationary game; Bayesian iterative conjectures algorithm as a Bayes decision rule; conclusions Sequential games with perfect and imperfect information; introduction; the Bayesian iterative conjecture algorithm, sub-game perfect equilibrium and perfect Bayesian equilibrium; solving sequential games of incomplete and perfect information; multiple-sided incomplete information sequential games with perfect information; conclusions Simultaneous games; introduction; complete information simultaneous games; BEIC and refinements of Nash equilibrium; simultaneous games with incomplete information; conclusions Conclusions References Index

Behavioural Economics and Experiments

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Publisher : Routledge
ISBN 13 : 1000375714
Total Pages : 459 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Behavioural Economics and Experiments by : Ananish Chaudhuri

Download or read book Behavioural Economics and Experiments written by Ananish Chaudhuri and published by Routledge. This book was released on 2021-05-13 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: - Incorporates the latest experimental evidence from across economics, psychology and neuroscience to provide cutting-edge introduction for students. - Structured around three key settings – individuals, small groups and larger impersonal groups (e.g. markets) – this text provides a logical framework for the study of economic decision-making. - Includes discussion of emotions including fairness, trust, selfishness and altruism on both a micro and macro level to show how they can influence personal decision making as well as entire economies.

Microeconomics

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Publisher : Oxford University Press
ISBN 13 : 0198843208
Total Pages : 1068 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Microeconomics by : Samuel Bowles

Download or read book Microeconomics written by Samuel Bowles and published by Oxford University Press. This book was released on 2022 with total page 1068 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bowles and Halliday capture the intellectual excitement, analytical precision, and policy relevance of the new microeconomics that has emerged over the past decades. Drawing on themes of the classical economists from Smith through Marx and 20th century writers - including Hayek, Coase, and Arrow - the authors use twenty-first century analytical methods to address enduring challenges in economics. The subtitle of the work - Competition, conflict, and coordination - signals their focus on how the institutions of a modern capitalist economy work, introducing students to recent developments in the microeconomics of credit and labor markets with asymmetric information, a dynamic analysis of how firms compete going beyond price taking, as well as bargaining over the gains from exchange, social norms, and the exercise of power. The new benchmark model proposed by Bowles and Halliday is based on an empirical approach to economic actors and problems. They start from the premise that contracts are incomplete, and that as a result market failures, rather than being a special case illustrated by environmental spillovers, are to be expected in markets for labor, credit, knowledge and throughout the economy. They explain how experiments show that human motivations include ethical as well as other-regarding preferences (rather than entirely self-interested) and explain why the technologies of knowledge-based economies are a source of winner-take-all rather than stable competition. The authors also consider the intrinsic limits of mechanism design and governmental interventions in the economy. Teaching recent developments in microeconomic theory allows the authors to provide students with the tools to analyze and engage in informed debate on the issues that concern them most: climate change, inequality, innovation, and epidemic spread. Tradeoffs are highlighted by providing models in which capitalism can be seen as an "innovation machine" that raises material living standards on average, while at the same time sustaining levels of inequality that many find to be unfair. Digital formats and resources This title is available for students and institutions to purchase in a variety of formats and is supported by online resources. The e-book offers a mobile experience and convenient access to a variety of features that offer extra learning support. It allows students to engage in self-assessment activities, watch video material that further explains figures and mathematics, and offers the opportunity to work with interactive graphs to understand how the models work. Drawing on the authors' decades of teaching the new microeconomics, this title is supported by a range of online resources for students and lecturers including multiple-choice-questions with instant feedback, further mathematical and discussion-based questions, a fully customizable test bank for lecturer use, PowerPoint slides to accompany each chapter, worksheets that can be assigned to the class, and answers to the problems set in the book.

Handbook of Experimental Game Theory

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1785363336
Total Pages : 448 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Handbook of Experimental Game Theory by : C. M. Capra

Download or read book Handbook of Experimental Game Theory written by C. M. Capra and published by Edward Elgar Publishing. This book was released on 2020-10-30 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this Handbook is twofold: to educate and to inspire. It is meant for researchers and graduate students who are interested in taking a data-based and behavioral approach to the study of game theory. Educators and students of economics will find the Handbook useful as a companion book to conventional upper-level game theory textbooks, enabling them to compare and contrast actual behavior with theoretical predictions. Researchers and non-specialists will find valuable examples of laboratory and field experiments that test game theoretic propositions and suggest new ways of modeling strategic behavior. Chapters are organized into several sections; each section concludes with an inspirational chapter, offering suggestions on new directions and cutting-edge topics of research in experimental game theory.