Conventions under heterogeneous behavioural rules

J Newton - The Review of Economic Studies, 2021 - academic.oup.com
Strategies of players in a population are updated according to the behavioural rules of
agents, where each agent is a player or a coalition of players. It is known that classic results …

Expected utility versus cumulative prospect theory in an evolutionary model of bargaining

A Khan - Journal of Economic Dynamics and Control, 2022 - Elsevier
I examine the effect of decision-making processes on the dynamics of bargaining over a
fixed pie by comparing the share received when individuals are subject to reference …

Perceptions and attitudes toward risks of city administration employees in the context of smart city management

K Wielicka-Gańczarczyk, I Jonek-Kowalska - Smart Cities, 2023 - mdpi.com
Smart cities are required to be effectively and efficiently managed in order to ensure the
desired level of sustainability and quality of life for all inhabitants. This is a particularly …

Statistical inference in evolutionary dynamics

R Sawa, J Wu - Games and Economic Behavior, 2023 - Elsevier
We introduce evolutionary dynamics for two-action games where agents with diverse
preferences use statistical inference to guide their behavior. We show that the dynamic …

Ordinaries 10: Decision under uncertainty: Biology informs economic theories of risk

TC Burnham, J Phelan - Journal of Bioeconomics, 2022 - Springer
Neoclassical and behavioral economics disagree over the manner in which people make
risky decisions. Neoclassical economics assumes that people make good, consistent risky …

A lineage explanation of human normative guidance: the coadaptive model of instrumental rationality and shared intentionality

I Gonzalez-Cabrera - Synthese, 2022 - Springer
This paper aims to contribute to the existing literature on normative cognition by providing a
lineage explanation of human social norm psychology. This approach builds upon theories …

[HTML][HTML] Memory retrieval in the demand game with a few possible splits: Unfair conventions emerge in fair settings

E Bilancini, L Boncinelli, E Vicario - Journal of Economic Dynamics and …, 2024 - Elsevier
Our study examines the long-run evolutionary outcome emerging in scenarios where two
populations engage in a demand game with three potential splits. These populations differ …

Decomposability and the Social Comparison Trap

Z Cui, X Li, B Zhang - Available at SSRN 5043611, 2024 - papers.ssrn.com
When players evaluate their payoffs relative to a social reference point, they exhibit social
comparison preferences, of which competitive preferences and imperfect inequality aversion …

Positive feedback in coordination games: Stochastic evolutionary dynamics and the logit choice rule

SH Hwang, L Rey-Bellet - Games and Economic Behavior, 2021 - Elsevier
We study the problem of stochastic stability for evolutionary dynamics under the logit choice
rule. We consider general classes of coordination games, symmetric or asymmetric, with an …

Positive feedback in coordination games: stochastic evolutionary dynamics and the logit choice rule

SH Hwang, L Rey-Bellet - arxiv preprint arxiv:1701.04870, 2017 - arxiv.org
We study the problem of stochastic stability for evolutionary dynamics under the logit choice
rule. We consider general classes of coordination games, symmetric or asymmetric, with an …