Gifts as Economic Signals and Social Symbols
In: The American journal of sociology, Volume 94, p. S180-S214
ISSN: 1537-5390
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In: The American journal of sociology, Volume 94, p. S180-S214
ISSN: 1537-5390
In: The Roundtable Series in Behavioral Economics
Game theory, the formalized study of strategy, began in the 1940s by asking how emotionless geniuses should play games, but ignored until recently how average people with emotions and limited foresight actually play games. This book marks the first substantial and authoritative effort to close this gap. Colin Camerer, one of the field's leading figures, uses psychological principles and hundreds of experiments to develop mathematical theories of reciprocity, limited strategizing, and learning, which help predict what real people and companies do in strategic situations. Unifying a wealth of i
In: Handbook of Experimental Economic Methodology, p. 249-295
In: The economic journal: the journal of the Royal Economic Society, Volume 117, Issue 519, p. C26-C42
ISSN: 1468-0297
In: Journal of political economy, Volume 106, Issue 3, p. 457-482
ISSN: 1537-534X
In: Journal of political economy, Volume 106, Issue 3, p. 457
ISSN: 0022-3808
In: Journal of risk and uncertainty, Volume 2, Issue 1, p. 61-104
ISSN: 1573-0476
In: Administrative science quarterly: ASQ ; dedicated to advancing the understanding of administration through empirical investigation and theoretical analysis, Volume 33, Issue 4, p. 638
ISSN: 0001-8392
In: Springer eBook Collection
Two related trends have created novel challenges for managing risk in the United States. The first trend is a series of dramatic changes in liability law as tort law has expanded to assign liability to defendants for reasons other than negligence. The unpredictability of future costs induced by changes in tort law may be partly responsible for the second major trend known as the `liability crisis' - the disappearance of liability protection in markets for particularly unpredictable risks. This book examines decisions people make about insurance and liability. An understanding of such decision making may help explain why the insurance crisis resulted from the new interpretations of tort law and what to do about it. The articles cover three kinds of decisions: consumer decisions to purchase insurance; insurer decisions about coverage they offer; and the decisions of the public about the liability rules they prefer, which are reflected in legislation and regulation. For each of these three kinds of decisions, normative theories such as expected utility theory can be used as benchmarks against which actual decisions are judged
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In: Politische Vierteljahresschrift: PVS : German political science quarterly, Volume 45, Issue 3, p. 446-448
ISSN: 0032-3470
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Working paper
In: American economic review, Volume 89, Issue 1, p. 306-318
ISSN: 1944-7981
In: Journal of risk and uncertainty, Volume 7, Issue 1, p. 5-15
ISSN: 1573-0476