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Moral calculations: game theory, logic, and human frailty

Are people ever rational? Consider this: You auction off a one-dollar bill to the highest bidder, but you set the rules so that the second highest bidder also has to pay the amount of his last bid, even though he gets nothing. Would people ever enter such an auction? Not only do they, but according...

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Detalles Bibliográficos
Autor principal: Mérő, László
Lenguaje:eng
Publicado: Springer 1998
Materias:
Acceso en línea:https://dx.doi.org/10.1007/978-1-4612-1654-4
http://cds.cern.ch/record/2006129