A game theoretical study of generalized trust and reciprocation in Poland: I. Theory and experimental design
Journal Title: Operations Research and Decisions - Year 2014, Vol 24, Issue 3
Abstract
Although studies using experimental game theory have been carried out in various countries, no such major study has occurred in Poland. The study described here aims to investigate generalised trust and reciprocation among Polish students. In the literature, these traits are seen to be positively correlated with economic growth. Poland is regarded as the most successful post-soviet bloc country in transforming to a market economy but the level of generalised trust compared to other postcommunist countries is reported to be low. This study aims to see to what degree this reported level of generalised trust is visible amongst young Poles via experimental game theory, along with a questionnaire. The three games to be played have been described. Bayesian equilibria illustrating behaviour observed in previous studies have been derived for two of these games and the experimental procedure has been described.
Authors and Affiliations
Urszula Markowska-Przybyła, David Ramsey
Modelling the steady state of sewage networks as a support tool for their planning and analysis
Fundamental questions connected with the modelling of communal sewage networks have been considered and formulas used to model the functioning of the basic network have been analyzed. The problem described concerns gravi...
A synthetic indicator of a company’s level of intellectual capital as a hidden value
The authors of the paper analyzed 21 common methods of measuring a company’s intellectual capital, finding that none of them meet all 6 demands that a model indicator should satisfy. As a result, a new method was develop...
A multi-level decision making model for the supplier selection problem in a fuzzy situation
Supplier selection plays a vital role in evolving an effective supply chain and the overall performance of organisations. Choosing suppliers may involve different levels arranged in a hierarchical structure. Decisions ar...
Solving IRPs using location based heuristics
Inventory routing problems (IRPs) occur where vendor managed inventory replenishment strategies are implemented in supply chains. These problems are characterized by the presence of both transportation and inventory cons...
A study on the influence of the discretisation unit on the effectiveness of modelling currency exchange rates using the binary-temporal representation
An exchange rate can be expressed in the form of a binary-temporal representation. Such a representation is based on a discretization of movements in the exchange rate, in which to each change in the value - equal to a g...