ERC A THEORY OF EQUITY RECIPROCITY AND COMPETITION PDF

ERC A THEORY OF EQUITY RECIPROCITY AND COMPETITION PDF

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

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. Download full text from publisher File URL: Help us Corrections Found an error or omission? Axel Ockenfels Gary E. competitiob

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When requesting a correction, please mention this item’s handle: The purchase of moral satisfaction ,” Journal of Environmental Economics feciprocity ManagementElsevier, vol. Experimental Evidence ,” EconometricaEconometric Society, vol. David K Levine, Cameron, Lisa A, See general information about how to correct material in RePEc.

It also allows you to accept potential citations to this item that we are uncertain about. We demonstrate that a simple model, constructed on the premise that people are motivated by both their pecuniary payoff and their relative payoff standing, organizes a large and seemingly disparate set of laboratory observations as one consistent pattern.

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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

Holt, Charles A, You can help correct errors and omissions. The model is incomplete information but nevertheless posed entirely in terms of directly observable variables. If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form.

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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.

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