Downloadable (with restrictions)! We demonstrate that a simple model, constructed on the premise that people are motivated by both their pecuniary payoff and. ERC. A Theory of Equity, Reciprocity and Competition. Gary E Bolton. Smeal College of Business. Penn State University, USA. &. Axel Ockenfels. Faculty of. CiteSeerX – Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): We demonstrate that a simple model, constructed on the premise that people.
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ERC: A Theory of Equity, Reciprocity, and Competition — Economics E-Journal
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ERC: A Theory of Equity, Reciprocity, and Competition
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CiteSeerX — ERC — A Theory of Equity, Reciprocity and Competition
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RePEc uses bibliographic data supplied by the respective publishers. A Theory of Equity, Reciprocity, and Competition. The model explains observations from games where equity compettiion thought to be a factor, such as ultimatum and dictator, games where reciprocity is thought to play a role, such as the prisoner’s dilemma and gift exchange, and games where competitive behavior is observed, such as Bertrand markets.
Bolton, Gary E, General contact details of provider: Quantification and Simulation compegition Economic Processes.