We analyze “dynastic” repeated games. A stage game is repeatedly played by successive generations of finitely-lived players with dynastic preferences. Each individual has preferences that replicate those of the infinitely-lived players of a standard discounted infinitely-repeated game. When all players observe the past history of play, the standard repeated game and the dynastic game are equiva...

BACKGROUND Perceptions of aging have been found to independently contribute to various aspects of health and wellbeing in old age. Since valid and reliable perceptions of aging instruments are unavailable in Dutch, these associations have not yet been tested in the Netherlands. This study examined the reliability and construct validity of the Dutch-language version of the 7-dimension Aging Perc...

I consider the saving and investment decisions of American and Italian consumers in a lifecycle model with temptation preferences. Comparing the choices with and without Social Security protection, I show that savings are postponed, less wealth is accumulated, and the portfolio share held in equities at retirement is larger with Social Security. Social Security distorts the decisions of agents ...

In sequential majority voting, preferences are aggregated by a sequence of pairwise comparisons (also called an agenda) between candidates. The result of each comparison is determined by a weighted majority vote between the agents. In this paper we consider the situation where the agents may not have revealed all their preferences. This is common in reallife settings, due to privacy issues or a...

What is the political legacy of violent conflict? I present evidence for a link from past violence to increased political engagement among excombatants. The evidence comes from northern Uganda, where rebel recruitment generated quasiexperimental variation in who was conscripted by abduction. Survey data suggest that abduction leads to substantial increases in voting and community leadership, la...

Fuzzy portfolio models have received many researchers’ focus on the issue of risk preferences. The based guaranteed return rates has been developing and considering dimension excess investment for investors in different However, not only but also shortage to selected should be considered preferences, including risk-seeking, risk-neutral, risk-averse, by degrees dimensions investment. A comparis...

this paper discusses the study of community’s preferences for biodiversity conservation management institution which may motivate them to support conservation efforts in the okwangwo division of the cross river national park, nigeria. the empirical data was generated from personal interviews and factors influencing the respondents’ choice were examined with the aid of multinomial logit mode...

We used eyetracking, perceptual discrimination, and production tasks to examine the influences of perceptual similarity and linguistic experience on word recognition in nonnative (L2) speech. Eye movements to printed words were tracked while German and Dutch learners of English heard words containing one of three pronunciation variants (/t/, /s/, or /f/) of the interdental fricative /θ/. Irresp...

Yager’s ordered weighted averaging (OWA) operator has been widely used in soft decision making to aggregate experts’ individual opinions or preferences for achieving an overall decision. The traditional Yager’s OWA operator focuses exclusively on the aggregation of crisp numbers. However, human experts usually tend to express their opinions or preferences in a very natural way via linguistic te...

What preferences will prevail in a society of rational individuals when preference evolution is driven by the resulting payo s? We show that when individuals’ preferences are their private information, a convex combination of selfishness and morality stands out as evolutionarily stable. We call individuals with such preferences homo moralis. At one end of the spectrum is homo oeconomicus, who a...