Bounded rationality is an important consideration stemming from the fact that agents often have limits on their processing abilities, making assumption of perfect inapplicable to many real tasks. We propose information-theoretic approach inference agent decisions under Smithian competition. The model explicitly captures boundedness (limited in information-processing capacity) as cost informatio...

Natural selection edits with an eye only toward what the message says, not to what it means. Do we need a Darwinian theory of cultural evolution? In one sense, certainly. It is obvious that there are patterns of cultural change—evolution in the neutral sense— and any theory of cultural change worth more than a moment's consideration will have to be Darwinian in the minimal sense of being consis...

BACKGROUND The aim of this study was to determine whether people respond differently to low and high stakes in Dictator and Ultimatum Games. We assumed that if we raised the stakes high enough, we would observe more self-orientated behavior because fairness would become too costly, in spite of a possible risk of a higher punishment. METHODS A questionnaire was completed by a sample of 524 uni...

T he fi rst kibbutz, called Degania, was established southwest of the Sea of Galilee in 1910, but the vast majority of kibbutzim were established in the 1930s and 1940s, shortly before the creation of the state of Israel in 1948. The stereotypical view emphasizes that the founders of kibbutzim were often socialist idealist Jews from Eastern Europe. They migrated to the area of the Middle East t...