BazEkon - Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie

BazEkon home page

Meny główne

Autor
Ners Dawid (University of Gdańsk, Poland)
Tytuł
Coalitional Games, Excessive Competition and a Lack of Trust : an Experimental Aproach
Źródło
Economics & Sociology, 2017, vol. 10, nr 2, s. 227-238, tab., bibliogr. 40 poz.
Słowa kluczowe
Ekonomia eksperymentalna, Konkurencyjność, Aukcja pierwszej ceny, Teoria gier
Experimental economics, Competitiveness, First price auction, Game theory
Uwagi
Klasyfikacja JEL: C71, C92, D71, D81
summ.
Abstrakt
The article tackles the issues of the effectiveness and rationality of making choices in the conditions of competition and cooperation. It confronts the economic theory of rational choice with the empirical results from an experiment. The aim of the article is to show that excessive competition and a lack of trust cause limitation of rational choice in coalitional games. In the experiment conducted for this study purposes, a public good was used to construct a situation in which making a huge coalition is the winning strategy. Despite this fact, the research proves that under competition supported by uncertainty, which results from the lack of trust, the decision making entities behave far less rationally than the game theory would suggest. People competing with each other often take decisions irrationally. (original abstract)
Pełny tekst
Pokaż
Bibliografia
Pokaż
  1. Arkoff, A., Vinacke, W. E. (1957). An experimental study of coalitions in the triad. American Sociological Review, 22(4), 406-414.
  2. Aumann, R. J. (1995). Backward induction and common knowledge of rationality. Games and Economic Behavior, 5(1), 6-19.
  3. Aumann, R. J., Hart, S. (1992). Handbook of game theory with economic applications. Elsevier.
  4. Banzhaf, J. F. (1965). Weighted voting doesn't work: A mathematical analysis. Rutgers Law Review, 19, 317-343.
  5. Berdowski, F., Koziński P., Węgliński Z. (2000). Głosowanie strategiczne. Warszawa: Wydział Nauk Ekonomicznych Uniwersytetu Warszawskiego.
  6. Camerer, C. F. (2003). Behavioral game theory: experiments in strategic interaction. Princeton: University Press.
  7. Conrads, J., Irlenbusch, B. (2013). Strategic ignorance in ultimatum bargaining. Journal of Economic Behavior & Organization, 92, 104-115.
  8. Dannenberg, A., Lange, A., Sturm, B. (2010). On the formation of coalitions to provide public goods-experimental evidence from the lab. Cambridge: National Bureau of Economic Research.
  9. Dixit, A., Skeath, S. (2004). Game of Strategy. New York: WW Norton & Company.
  10. Fischbacher, U., Gachter, S., Fehr, E. (2001). Are people conditionally cooperative? Evidence from a public goods experiment. Economics Letters, 71(3), 397-404.
  11. Geckil, I. K., Anderson, P. L. (2009). Applied game theory and strategic behaviour. Florida: CRC Press.
  12. Giacomantonio, M., De Dreu, C. K., Shalvi, S., Sligte, D., Leder, S. (2010). Psychological distance boosts value- behavior correspondence in ultimatum bargaining and integrative negotiation. Journal of Experimental Social Psychology, 46(5), 824-829.
  13. Girard, R. (1993). Sacrum i przemoc. Poznań: Brama.
  14. Gomes, A., Jehiel, P. (2005). Dynamic processes of social and economic interactions: on the persistence of inefficiencies. Journal of Political Economy, 113(3), 626-667.
  15. Guth, W., Kocher, M. G. (2014). More than thirty years of ultimatum bargaining experiments: Motives, variations, and a survey of the recent literature. Journal of Economic Behavior & Organization, 108, 396-409.
  16. Hayek, F. A. (1967). Studies in Philosophy Politics and Economics. University of Chicago.
  17. Hayek, F. A. (1973). Law, Legislation and Liberty. Rules and Order, 1, Chicago: University of Chicago Press.
  18. Holt, C. A., Anderson, L. R. (1999). Agendas and strategic voting. Southern Economic Journal, 622-629.
  19. Hyndman, K., Ray, D. (2007). Coalition formation with binding agreements. The Review of Economic Studies, 74(4), 1125-1147.
  20. Konishi, H., Ray, D. (2003). Coalition formation as a dynamic process. Journal of Economic Theory, 110(1), pp. 1-41.
  21. Lucas, W. F. (1992). von Neumann-Morgenstern stable sets. Handbook of game theory with economic applications, 1, 543-590.
  22. Malawski, M., Jaideep R. (2005). Gry przetargu ultymatywnego. Decyzje, 3, 79-105.
  23. Mariotti, M., Xue, L. (2003). Farsightedness in coalition formation. The endogenous formation of economic coalitions, FEEM series on economics and environment, 128155.
  24. McAdams, D. (2014). Game-Changer: game theory and the art of transforming strategic situations. New York: WW Norton & Company.
  25. McCain, R. A. (2009). Game theory and public policy. Edward Elgar Publishing.
  26. Munoz-Garcia, F., Toro-Gonzalez, D. (2016). Applications to Industrial Organization. Strategy and Game Theory, 145-181.
  27. Tversky, A., Kahneman, D. (2000). Choices, values and frames. Cambridge: University Press.
  28. Kahneman, D., Knetsch, J. L. (1992). Valuing public goods: the purchase of moral satisfaction. Journal of environmental economics and management, 22(1), 57-70.
  29. Kotarbiński, T. (1982). Traktat o dobrej robocie (Praxiology. An introduction to the science of efficient action). Wrocław: Zakład Narodowy im. Ossolińskich Wydawnictwo PWN.
  30. Gura, E. Y. (2008). Insights into game theory: an alternative mathematical experience. Mathematical Monthly, 69, 9-15.
  31. Nash, J. (1951). Non-cooperative games. Annals of Mathematics, 54(2), 286-295.
  32. Neumann, J. V. (1928). Zur Theorie der Gesellschaftsspiele. Mathematische Annalen, 100(1), 295-320.
  33. Neumann, J. von, Morgenstern, O. (1944). Theory of Games and Economic Behaviour. Princeton: University Press.
  34. Ray, D., Vohra, R. (2014). Coalition formation. Handbook of Game Theory, 4, 239-326.
  35. Ray, D., Vohra, R. (2015). The farsighted stable set. Econometrica, 83(3), 977-1011.
  36. Shapley, L. S. (1952). A value for n-person games, Santa Monica: Rand Corp CA.
  37. Shapley, L. S., Shubik M. (1954). A method for evaluating the distribution of power in a committee system. American political science review, 48(3), 787-792.
  38. Smith, V. L. (2007). Rationality in economics: constructivist and ecological forms. Cambridge: University Press.
  39. Straffin, P. D. (2006). Teoria gier. Warszawa: Wydawnictwo Naukowe Scholar.
  40. Zhang, Y., Guizani, M. (Eds.) (2011). Game theory for wireless communications and networking. Florida: CRC Press.
Cytowane przez
Pokaż
ISSN
2071-789X
Język
eng
URI / DOI
http://dx.doi.org/10.14254/2071-789X.2017/10-2/17
Udostępnij na Facebooku Udostępnij na Twitterze Udostępnij na Google+ Udostępnij na Pinterest Udostępnij na LinkedIn Wyślij znajomemu