We describe the maximum efficient subgame perfect equilibrium payoff for a player in the repeated Prisoners’ Dilemma, as a function of the discount factor. For discount factors above a critical level, every efficient, feasible, individually rational payoff profile can be sustained. For an open and dense subset of discount factors below the critical value, the maximum efficient payoff is not an ...

In the repeated Prisoner’s Dilemma, when every player has a different discount factor, the grim-trigger strategy is an equilibrium if and only if the discount factor of each player is higher than some threshold. What happens if the players have incomplete information regarding the discount factors? In this work we look at repeated games in which each player has incomplete information regarding ...

The aim of this study is to develop understanding of moral issues in project-based IT companies. Three corporate moral dilemmas, the dirty hands dilemma (balancing between the corporation’s efficiency needs and stakeholder interests), the many hands dilemma (integrating individual members’ actions into a cohesive whole), and the entangled hands dilemma (individual members’ responsibility for gi...

Interaction between a user and a product like a home-appliance is sometimes a mutual relationship. A product not only provides service to a user, but also requires maintenance by the user to keep it working smoothly. If the user stops paying attention to maintenance, the product will no longer be used. To keep a sustainable relationship between a user and a product, the author proposes making a...

It is commonly assumed that identification with a social group is constant throughout the play of a one-shot game in the absence of feedback. We provide evidence which challenges this assumption. We direct subjects to play one of two versions of the prisoner's dilemma game. These versions are distinguished by the relative attractiveness of the uncooperative action. We refer to the version with ...

I investigate whether the presence of intrinsically motivated agents benefits firms in a competitive environment. I find that firms may obtain higher profits by hiring self-interested agents than by hiring motivated agents. This is because the agents’ intrinsic motivation has counteracting effects on the profits obtained by the firms. On the one hand, motivation has a positive impact on the pro...

8 Available online xxxx 10 11 12 13 14 15 16 17 18 RO O This research investigated children's developing knowledge of strategies for maintaining motivation. First graders, third graders, fifth graders, and adults were presented with a motivational dilemma and asked to evaluate the effectiveness of several strategies for sustaining motivation. Adults demonstratedmore knowledge of the effectivene...

I develop a metaphysical position that is both lawless and anti-Humean. The position is called realist lawlessness and contrasts with both Humean lawlessness and nomological realism – the claim that there are laws in nature. While the Humean view also allows no laws, realist lawlessness is not Humean because it accepts some necessary connections in nature between distinct properties. Realism ab...