Building information modelling (BIM) has not met the expectations of radically improved collaboration. As trust is a key enabler collaboration, it important to understand and address issues in BIM-enabled collaboration for further improvement. Through literature review on psychology, economics, construction, virtual this paper enquires into meaning dimensions trust. It argued that six establish...

The mathematical concepts of modern axiomatic rational mechanics apply more broadly than generally recognized, in that formal mechanical concepts apply directly and with slight adaptations to certain psychological and economic systems as well the familiar physical applications. These nonphysical applications provide new means for characterizing realistic notions of economic rationality and limi...

The economics of information security has recently become a thriving and fast-moving discipline. As distributed systems are assembled from machines belonging to principals with divergent interests, incentives are becoming as important to dependability as technical design. The new field provides valuable insights not just into ‘security’ topics such as privacy, bugs, spam, and phishing, but into...

We analyze, from the point of view of quantum probability, statistical data from two interesting experiments, done by Shafir and Tversky [1, 2] in the domain of cognitive psychology. These are gambling experiments of Prisoner Dilemma type. They have important consequences for economics, especially for the justification of the Savage “Sure Thing Principle” [3] (implying that agents of the market...

Center for Adaptive Rationality, Max Planck Institute for Human Development, Berlin, Germany Max Planck Institute for Demographic Research, 18057 Rostock, Germany Department of Psychiatry, University of Oxford, Warneford Hospital, Oxford OX3 7JX, UK Department of Medical Epidemiology and Biostatistics, Karolinska Institutet, 171 77 Stockholm, Sweden Department of Biological Psychology, VU Unive...

Over the last fifty years, game theory has evolved from a mathematical theory of optimal behaviour in stylized situations (“games”) to a general theory of human behaviour, be it actually observed or normatively desirable. Its scope includes both the mathematical modelling and analysis of competition and conflict and the study of human behaviour in strategic contexts and its determinants. Nowada...

Neuroeconomics and Evolutionary Psychology contribution to the economic mainstream along last decade, not only in realm of theory but analysis risk aversion financial decisions, is really noteworthy. But few things has been said about how these new disciplines are complementary or something add what economists thought before us. The comparison between history ideas neuroeconomics evolutionary p...

, 1701 (2009); 326 Science et al. Aljaz Ule, Strangers Indirect Punishment and Generosity Toward www.sciencemag.org (this information is current as of December 29, 2009 ): The following resources related to this article are available online at http://www.sciencemag.org/cgi/content/full/326/5960/1701 version of this article at: including high-resolution figures, can be found in the online Update...

This target article is concerned with the implications of the surprisingly different experimental practices in economics and in areas of psychology relevant to both economists and psychologists, such as behavioral decision making. We consider four features of experimentation in economics, namely, script enactment, repeated trials, performance-based monetary payments, and the proscription agains...

We make the case that psychologists should make wider use of structural econometric methods. These methods involve the development of maximum likelihood estimates of models, where the likelihood function is tailored to the structural model. In recent years these models have been developed for a wide range of behavioral models of choice under uncertainty. We explain the components of this method...