3 research outputs found

    Essays in behavioral economics:Applied game theory and experiments

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    Cooperation in infinitely repeated games of strategic complements and substitutes

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    We report the results of an experiment conducted to study the effect of strategic substitutability and strategic complementarity on cooperation in infinitely repeated two-player games. We find that choices in the first rounds of the repeated games are significantly more cooperative under strategic substitutes than under strategic complements and that players are more likely to choose joint-payoff maximizing choices in the former than in the latter case. We argue that this effect is driven by the fact that it is less risky to cooperate under substitutes than under complements. We also find that choices do not remain more cooperative under strategic substitutes than under complements over the course of the rounds within the repeated games. We show that this is because best-reply dynamics come into the picture: players are more inclined to follow cooperative moves of the partner under complements, offsetting the treatment effect observed in the first rounds

    Body mass index and complications following major gastrointestinal surgery: A prospective, international cohort study and meta-analysis

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    Aim Previous studies reported conflicting evidence on the effects of obesity on outcomes after gastrointestinal surgery. The aims of this study were to explore the relationship of obesity with major postoperative complications in an international cohort and to present a metaanalysis of all available prospective data. Methods This prospective, multicentre study included adults undergoing both elective and emergency gastrointestinal resection, reversal of stoma or formation of stoma. The primary end-point was 30-day major complications (Clavien–Dindo Grades III–V). A systematic search was undertaken for studies assessing the relationship between obesity and major complications after gastrointestinal surgery. Individual patient meta-analysis was used to analyse pooled results. Results This study included 2519 patients across 127 centres, of whom 560 (22.2%) were obese. Unadjusted major complication rates were lower in obese vs normal weight patients (13.0% vs 16.2%, respectively), but this did not reach statistical significance (P = 0.863) on multivariate analysis for patients having surgery for either malignant or benign conditions. Individual patient meta-analysis demonstrated that obese patients undergoing surgery formalignancy were at increased risk of major complications (OR 2.10, 95% CI 1.49–2.96, P < 0.001), whereas obese patients undergoing surgery for benign indications were at decreased risk (OR 0.59, 95% CI 0.46–0.75, P < 0.001) compared to normal weight patients. Conclusions In our international data, obesity was not found to be associated with major complications following gastrointestinal surgery. Meta-analysis of available prospective data made a novel finding of obesity being associated with different outcomes depending on whether patients were undergoing surgery for benign or malignant disease
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