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Framing effects have a significant influence on the finitely repeated matching pennies game. The combination of being labelled "a guesser", and having the objective of matching the opponent’s action, appears to be advantageous. We find that being a player who aims to match the opponent’s action is advantageous irrespective of whether the player moves first or second. We examine alternative expl...

The fact that the more resourceful people are sharing with the poor to mitigate inequality-egalitarian sharing-is well documented in the behavioral science research. How inequality evolves as a result of egalitarian sharing is determined by the structure of "who gives whom". While most prior experimental research investigates allocation of resources in dyads and groups, the paper extends the re...

The emergence of behavioral economics is one of the most significant conceptual developments in the social sciences in the past 40 years. The central figure in the field in its early years was Richard Thaler. In this article, I review and discuss his scientific contributions. JEL classification: B2, D9, G1

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We present a powerful procedure for determining both the dominant dynamics of the inputoutput transfer and the corresponding most influential circuit parameters of a linear(ized) circuit. The procedure consists of several steps in which a specific (sub)problem is solved and its solution is used in the next step. We combine regression tools techniques and trade off analysis with recent technique...

Introduction. The aim of the paper is to propose new models of information behaviour that extend the concept beyond simply information seeking to consider other modes of behaviour. The models chiefly explored are those of Wilson and Dervin. Argument A shortcoming of some models of information behaviour is that they present a sequence of stages where it is evident that actual behaviour is not al...

This paper discusses how economic ethics can profit from taking into account the results of behavioral economics. In contrast to the neo-classical mainstream of economics, behavioral economics does not presuppose the model of ‘economic man’, but explores the ways in which real human beings make economic decisions. The example of akrasia and its effects on old-age saving shows that behavioral ec...

T he question of how traits and behaviors pass from one generation to the next has been the subject of intense interest throughout the history of science. Simple parent–child correlations are open to multiple interpretations, as parents transmit both environment and genome to their children. Until recently, genotyping—or the direct measurement of variation in an individual’s DNA sequence throug...