A remarkable result, due to Moore & Repullo (1988) is that any social choice function can be implemented as the unique equilibrium of a suitably constructed dynamic game (subgame perfect implementation). Yet such mechanisms are never observed in practice, which raises the question: why not? In this paper we test such mechanisms experimentally and find that even small deviations from perfect inf...

Behavior can be defined as combination of variable’s values according to external inputs or environmental changes. This definition can be applied to persons, equipment, social systems or industrial processes. This paper proposes a probabilistic mechanism to represent the behavior of industrial equipment and an algorithm to identify deviations to this behavior. The anomaly detection mechanisms, ...

A neoclassical microeconomics is one of social science’s success stories, a growing body of experimental and empirical research has documented substantial deviations from its core behavioral assumptions and predictions (Selten 1990, 1998; Thaler 1992; Rabin 1998; Frederick, Loewenstein, and O’Donoghue 2002; Camerer 2003; Sobel 2005; DellaVigna 2009; Armstrong and Huck 2010; Crawford, Costa-Gome...

ABsrRAcr: Cells, tissues, organs, and human beings qua biological organisms have natural functions, but human beings qua moral agents do not. Persons-in-society, unlike organs-in-bodies, are the products of culture as well as nature. Bodily diseases, conventionally defined, are undesirable deviations from objectively identifiable biological norms. Mental diseases, similarly defined, are undesir...

The present research confirms that during the most recent (2008-) economic crisis, ICT indicators showed deviations from the classical diffusion of innovation trends with regard to individual ICT components. The reason for the deviations should be sought in economic, but also social, cultural, political and other influence factors. During the latest crisis (2008-2011), we thus observed the foll...