Sophistication and the persistence of cooperation

Article Abstract:

The phenomenon of cooperation among individuals to efficiently utilize profits in trade or joint ventures despite a predisposition to take advantage of their partners' readiness to cooperate has been explained by reciprocity. Individuals agree to cooperate since they anticipate the long term outcomes of their choices. Results show asymptotically stable equilibrium to benefit from cooperation, cautious cooperation, and defection.

Economics, Psychology & Psychiatry, Cooperation (Economics), Cooperation, Asymptotic distribution (Probability theory)

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Contingent social utility in the prisoners' dilemma

Article Abstract:

Research is presented concerning the theory that social utility is dependant on impressions of other people. Participants impressions of other players were manipulated and their own preferences measured in a prisoners' dilemma game.

Social & Behavioral Sciences, Behavioral assessment, Social values

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Four formal(izable) theories of the firm?

Article Abstract:

A comparative study of the elemental versions of four theories of the firm is presented. An endeavor to bring together all the four theories in a consolidative framework is also made.

United Kingdom, Management dynamics, Venture Analysis, Analysis, Management, Comparative analysis, Bureaucracy, Business enterprises, Company business management, Organizational structure, Organization theory

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