Abstracts

Economics

Search abstracts:

Public good provision and public bad prevention: the effect of framing

Article Abstract:

The framing of a public good dilemma, either as a public good or a public bad game, has a significant influence on decisions. Greater cooperation among subjects, more frequent provision of the public good and more income are observed when the subjects are still deciding on whether to give assistance to the public good or not. Behavioral differences, which resulted from the varied framing of the problem, are leaning towards a similar direction for both the subjects in the individualistic and cooperative value conditions.

Economics, Research and Development in the Social Sciences and Humanities, Public goods, Game theory

---

Strategies of search

Article Abstract:

Two experiments are developed to analyze the approaches employed in search behavior. The first experiment involves the use of an electronic information board to record factors that force subjects to concentrate. The experiment reveals that majority of subjects concentrate on total earnings and do not utilize the theoretical optimal strategy. Meanwhile, the second experiment reveals that the learning process greatly contributes to the occurrence of slow searching.

Behavior Theory, Research, Decision-making, Decision making, Human behavior, Online searching, Searching behavior

---

The instability of a heterogeneous cobweb economy: a strategy experiment on expectation formation

Article Abstract:

The role of expectations and learning in determining asset prices significantly in speculative markets is discussed. The simplest model of dynamic expectations feedback system is discussed.

Netherlands, Financial management, Management dynamics, Management, Finance, Associations, institutions, etc., Company business management, Company financing, Organizations

Similar abstracts:

• Abstracts: Exchange-rate-based inflation stabilization: the initial real effects of credible plans. Price level determinacy and monetary policy under a balanced-budget requirement
• Abstracts: Higher education and progressive taxation: equity, efficiency and majority voting. Publicly financed education in an endogenous growth model
• Abstracts: Incentives and job redesign: the case of the personal selling function. An economic analysis of the use of student evaluation: implications for universities
• Abstracts: Balancing cooperation and competition in human groups: the role of emotional algorithms and evolution. The intermediation theory of the firm: integrating economic and management approaches to strategy
• Abstracts: Vertical integration and competition. On the sample economics of advertising, marketing and product design. Multiproduct quality competition: fighting brands and product line pricing

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.