1,024 research outputs found

    Altruistic Behavior Under Incomplete Information

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    Models to the issue of altruism which rely on externalities of well-being are rarely used explicitly. In this paper we compare such utility-based approaches with the standard approach on altruism which is based on externalities of income. Testable differences of both types of models are derived in the case of incomplete information. More specifically, applied to the Dictator Game and the Impunity Game both played under incomplete information, the utility-based based approach predicts dictators to change their behavior in comparison to Dictator Games under complete information. Under the income-based approach, behavior should not differ in the three versions of the Dictator Game. --Altruism,Incomplete Information,Consistent Expectations

    Utility versus Income-Based Altruism

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    In Dictator Game experiments where the information status of the participants varies we find that a certain type of proposer tends to reduce his offers when the recipient has incomplete information about the pie size. We also find that a certain type of recipient tends to reject too small offers in the Impunity Game when the proposer has incomplete information about the recipient type. To explain these puzzling results we reconsider Becker's [1974] theory of altruism, which assumes that externalities are caused by other people's utility. When incomplete information about the other person is introduced, it turns out that his approach predicts – in contrast to other theories of altruism - that some altruistic persons will change their behavior as observed in our experiments. Thus, a kind of utility based altruism (and spite as its opposite form) can be assumed as the main principle governing behavior in this class of games. --

    Utility-Based Altruism: Evidence in Favour Gary Becker

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    In Dictator Game experiments where the information status of the recipient varies we find that a certain type of donator tends to reduce his offer when the recipient has incomplete information about the pie size. This result provides new evidence on those approaches on altruism, which assume that the donator takes care for the recipient's utility when making his altruistic choice. --

    The Economics of Solidarity: A Conceptual Framework

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    For many people "solidarity" has become a meaningless word used in slogans - too often used without leading to any economic consequences. We show in this paper conditions under which solidarity can be a powerful instrument. In a solidary action, an individual in a group contributes to a series of actions that aims for a reallocation of scarce resources. The willingness to contribute is mainly influenced by the efficiency of the objective of the solidary action, and is enhanced by feelings of mutual exchange (solidarity) within a group. --solidarity,altruism,dynamic,mutual

    Utilisation des méthodes d'extractions chimiques sélectives pour la prospection géochimique en milieu latéritique

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    L'étude par extractions chimiques sélectives d'échantillons latéritiques (Musongati, Burundi) permet de montrer l'association de différents éléments en traces avec certaines phases porteuses préférentielles. Elle met également en correspondance l'évolution de la cristallinité de la goethite avec le contenu en traces métalliques de ce minéral. Le respect de conditions cinétiques bien précises affine l'interprétation de données de prospection géochimique grùce à la prise en compte du type d'altération ayant affecté les horizons échantillonné

    Stationary states of a spherical Minority Game with ergodicity breaking

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    Using generating functional and replica techniques, respectively, we study the dynamics and statics of a spherical Minority Game (MG), which in contrast with a spherical MG previously presented in J.Phys A: Math. Gen. 36 11159 (2003) displays a phase with broken ergodicity and dependence of the macroscopic stationary state on initial conditions. The model thus bears more similarity with the original MG. Still, all order parameters including the volatility can computed in the ergodic phases without making any approximations. We also study the effects of market impact correction on the phase diagram. Finally we discuss a continuous-time version of the model as well as the differences between on-line and batch update rules. Our analytical results are confirmed convincingly by comparison with numerical simulations. In an appendix we extend the analysis of the earlier spherical MG to a model with general time-step, and compare the dynamics and statics of the two spherical models.Comment: 26 pages, 8 figures; typo correcte

    Signless Laplacian polynomial for splice and link of graphs

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    The signless Laplacian matrix of a graph G is Q(G) = A(G) + D(G), where A(G) is the adjacency matrix and D(G) is the diagonal degree matrix of a graph G. The characteristic polynomial of the signless Laplacian matrix is called the signless Laplacian polynomial. The present work is all about the study of signless Laplacian polynomial for the splice of more than two graphs and the link of such graphs. It is noted that such a study is easier when we take into account of the vertex set partition being an equitable partition, because equitable partition of the vertex set reduces the computational steps and also the quotient matrix polynomial is a part of the polynomial of a graph. In this paper we consider the splice and links of complete graphs and of complete bipartite graphs and obtain the signless Laplacian polynomial of these using equitable partition of the vertex set.Publisher's Versio
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