A bargaining model of financial intermediation

Investment;Bargaining;Financial Institutions

Bargaining vs. price competition in a market with quality uncertainty

Economics;Price Policy

Price commitment in search markets

Pricing

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