2,234 research outputs found
A bargaining model of financial intermediation
Investment;Bargaining;Financial Institutions
Bargaining vs. price competition in a market with quality uncertainty
Economics;Price Policy
Is altruism evolutionarily stable ?
We develop an evolutionary approach to explain altruistic preferences. Given their preferences, individuals interact rationally with each other. By comparing the success of players with different preferences, we investigate whether evolution favors altruistic or selfish attitudes. The outcome depends on whether the individuals' interactions are strategic complements or substitutes. Altruism and self-interest are context dependent.Game Theory;Altruism;game theory
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