2,280 research outputs found
Evolutionary Norm Enforcement
Applying an indirect evolutionary approach with endogenous preference formation, we show that a legal system can induce players to reward trust even if material incentives dictate to exploit trust. By analyzing the crowding out or crowding in of trustworthiness implied by various verdict rules, we can assess how a court influences the share of kept promises of "truly" trustworthy players who evolutionarily evolved as trustworthy and of opportunistic players who are only trustworthy if inspired by material incentives.
Synthesis of cytochrome oxidase components in isolated mitochondria of Neurospora crassa
The formation of polypeptides within the mitochondrion has been documented by a large body of evidence. The ability of isolated mitochondria to incorporate amino acids int
Autonomous Spacecraft Navigation With Pulsars
An external reference system suitable for deep space navigation can be
defined by fast spinning and strongly magnetized neutron stars, called pulsars.
Their beamed periodic signals have timing stabilities comparable to atomic
clocks and provide characteristic temporal signatures that can be used as
natural navigation beacons, quite similar to the use of GPS satellites for
navigation on Earth. By comparing pulse arrival times measured on-board a
spacecraft with predicted pulse arrivals at a reference location, the
spacecraft position can be determined autonomously and with high accuracy
everywhere in the solar system and beyond. The unique properties of pulsars
make clear already today that such a navigation system will have its
application in future astronautics. In this paper we describe the basic
principle of spacecraft navigation using pulsars and report on the current
development status of this novel technology.Comment: 22 pages, 12 figures, 2 tables, to be published in the proceedings of
the workshop "Relativistic Positioning Systems and their Scientific
Applications", held on 19-21 Sept. 2012, Brdo near Kranj, Sloveni
The Dynamic Interplay of Inequality and Trust - An Experimental Study
We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains relatively stable. The difference seems partly due to the fact that equal start positions increase subjects' inclination to condition their trust decisions on wealth comparisons, whereas conditional trust is much less prevalent with unequal initial endowments. As a result, with respect to efficiency, the initially more unequal economy fares worse in the short run but better in the long run, and the disparity of wealth distributions across economies mitigates over time.inequality, trust, growth, laboratory experiments
The Dynamic Interplay of Inequality and Trust ā An Experimental Study
We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains relatively stable. The difference seems partly due to the fact that equal starting positions increase subjectsā inclination to condition their trust decisions on wealth comparisons, whereas conditional trust is much less prevalent with unequal initial endowments. As a result, with respect to efficiency, the initially more unequal economy fares worse in the short run but better in the long run, and the disparity of wealth distributions across economies mitigates over time.inequality, trust, growth, laboratory experiments
The Dynamic Interplay of Inequality and Trust - An Experimental Study
We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains relatively stable. The difference seems partly due to the fact that equal start positions increase subjectsā inclination to condition their trust decisions on wealth comparisons, whereas conditional trust is much less prevalent with unequal initial endowments. As a result, with respect to efficiency, the initially more unequal economy fares worse in the short run but better in the long run, and the disparity of wealth distributions across economies mitigates over time.inequality, trust, growth, laboratory experiments
Wage Transparency and Performance: A Real-Effort Experiment
Without transparency about peer wages in a real effort experiment, a change of wages does not affect performance. With transparency, however, higher paid workers tend to work more accurately, and lower paid workers shirk more under piece rates.labor market experiments, real effort, social comparison, wage schemes
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