Complexity economics as heterodoxy: Theory and policy
W Elsner - Journal of Economic Issues, 2017 - Taylor & Francis
Complexity economics has quickly become a powerful research program for real-world
economics in recent years. This article provides an overview of complexity economics, and …
economics in recent years. This article provides an overview of complexity economics, and …
Dynamic unstructured bargaining with private information: theory, experiment, and outcome prediction via machine learning
We study dynamic unstructured bargaining with deadlines and one-sided private information
about the amount available to share (the “pie size”). Using mechanism design theory, we …
about the amount available to share (the “pie size”). Using mechanism design theory, we …
Managing Cooperation in Multipartner Project Teams with Heterogeneous Team Members
In multipartner projects, team members from two or more organizations often have different
skills and behavioral preferences. A major purpose of managing such teams is fostering …
skills and behavioral preferences. A major purpose of managing such teams is fostering …
Payoff inequity reduces the effectiveness of correlated-equilibrium recommendations
N Anbarcı, N Feltovich, MY Gürdal - European Economic Review, 2018 - Elsevier
We examine theoretically and experimentally how individuals' willingness to follow third-
party recommendations in 2× 2 games is affected by payoff asymmetry. We consider six …
party recommendations in 2× 2 games is affected by payoff asymmetry. We consider six …
[HTML][HTML] Equity and bargaining power in ultimatum games
I Rodriguez-Lara - Journal of Economic Behavior & Organization, 2016 - Elsevier
This paper studies the extent to which offers and demands in ultimatum games are
consistent with equity theory when there is a joint endowment to be distributed. Using a …
consistent with equity theory when there is a joint endowment to be distributed. Using a …
Social preferences and coordination: An experiment
M Gueye, N Querou, R Soubeyran - Journal of Economic Behavior & …, 2020 - Elsevier
In this paper, we use a laboratory experiment to analyze the effect of social preferences in a
coordination game with Pareto-ranked equilibria. Inequality is increased by increasing the …
coordination game with Pareto-ranked equilibria. Inequality is increased by increasing the …
Inequality, social norms and cooperation: Strategy choice in the infinitely socially iterated prisoner's dilemma
S Teyssier, B Wieczorek - Journal of Economic Behavior & Organization, 2025 - Elsevier
Societies today face important challenges related to cooperation, which is needed among
individuals who interact at a nonregular frequency. In this context, cooperation can be …
individuals who interact at a nonregular frequency. In this context, cooperation can be …
Collapse. Institutional decline and breakdown, its endogeneity and its asymmetry vis-á-vis emergence: A theoretical frame
W Elsner - Journal of Economic Issues, 2021 - Taylor & Francis
Collapse is considered a breakup of institutions and entire socio-economies. Collapse has
accompanied socio-economic history, but seems to have become more topical again in …
accompanied socio-economic history, but seems to have become more topical again in …
Inequality in minimum-effort coordination
C Feldhaus, B Rockenbach, C Zeppenfeld - Journal of Economic Behavior …, 2020 - Elsevier
Successful coordination is key for economic and societal wealth. The rich literature on the
minimum-effort game (MEG) has provided valuable insights into coordination, both …
minimum-effort game (MEG) has provided valuable insights into coordination, both …
Policy and state in complexity economics
W Elsner - A modern guide to state intervention, 2019 - elgaronline.com
Mainstream policy conceptions and prescriptions appear to be normative postulations for a
permanent 'state planning for more market', mainly organizing 'de-regulation cum …
permanent 'state planning for more market', mainly organizing 'de-regulation cum …