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Full-Text Articles in Behavioral Economics
Cooperation And Reciprocity In Anonymous Interactions: Other-Regarding Preferences And Quasi-Magical Thinking, Gregory Klevans
Cooperation And Reciprocity In Anonymous Interactions: Other-Regarding Preferences And Quasi-Magical Thinking, Gregory Klevans
Theses and Dissertations
In economic experiments, players often demonstrate concerns for the relative payoffs between themselves and other subjects, in addition to their own payoffs. In addition, they appear to do their parts to achieve efficient outcomes, particularly when they are ignorant of the opponent's decision. I present a parsimonious model of other-regarding preferences and quasi-magical thinking that explains such behavior, and I apply it to four games: the prisoner's dilemma, the traveler's dilemma, the ultimatum game, and the trust game.
Unemployment, Does It Really Hurt?, Claudia Vargas
Unemployment, Does It Really Hurt?, Claudia Vargas
Theses and Dissertations
This paper analyzes the consequences of changes in the unemployment rate in Colombia on the level of education attained for adolescents. Increases in the unemployment rate are associated with an increase in the average number of years of education. No significant effect was found for men of the same age.