People exhibit peer-induced fairness concerns when they look to their peers as a reference to evaluate their endowments. We analyze two independent ultimatum games played sequentially by a leader and two followers. With peer-induced fairness, the second follower is averse to receiving less than the first follower. Using laboratory experimental data, we estimate that peer-induced fairness betwee...

Aiming at the distributed containment control problem for multi-robot system with dynamic leaders, we use binocular vision as the sensing device, so firstly, a binocular visual model for dynamic target is established by introducing the pseudo depth variable, and it is used to provide real-time status information for the followers. Then, in the case that each follower can only get information fr...

We propose a simple stochastic model of market behavior. Dividing market participants into two groups: trend-followers and fundamentalists, we derive the general form of a stochastic equation of market dynamics. The model has two characteristic time scales: the time of changes of market environment (tm) and the characteristic time of news flow (tn). Price behavior in the most general case is dr...

We study an oligopoly consisting of M leaders and N followers that supply a homogeneous product (or service) noncooperatively. Leaders choose their supply levels first, knowing the demand function only in distribution. Followers make their decisions after observing the leader supply levels and the realized demand function. We term the resulting equilibrium a stochastic multiple-leader Stackelbe...

We build a dynamic oligopoly model with endogenous entry in which a particular firm (leader) invests in an innovation process, facing the subsequent entry of other firms (followers). We identify conditions that make it optimal for the leader in the initial oligopoly situation to undertake pre-emptive R&D investment (strategic predation) eventually resulting in the elimination of all followers. ...

In this paper, two surrounding control problems are proposed, where a team of followers is used to surround a team of leaders. The problems are solved under a decentralized estimation-and-control framework. Using tools from algebraic graph theory and dynamical systems theory, it is shown that the two teams, involving a team of leaders and a team of followers, preserve some desired convergence p...

Although the effects of transformational leadership on task performance and organizational citizenship behavior (OCB) are well-documented, the mechanisms that explain those effects remain unclear. We propose that transformational leadership is associated with the way followers view their jobs, in terms of Hackman and Oldham’s (1976) core job characteristics. Results of our study support a struc...

The widespread of word of mouth using retweets on Twitter has enabled us to estimate trends in the real world. Previous research methods estimate the value of a tweeted content by calculating the number of subscribers who receive the tweet. However, we should consider the numbers of followers for both the tweeter and retweeter(s) as a greater number of followers may result in more retweets, whi...

Crowdfunding platforms are social media websites that allow people to invest small amounts of money that add up to fund valuable larger projects. These websites are structured around projects with project goals, duration, and registered initiator. We use a dataset from a reward-based crowdfunding platform – Demohour to examine the antecedents of the successful project. The results suggest that ...

In the present set of studies, the authors examine the idea that self-sacrificial leadership motivates follower prosocial behavior, particularly among followers with a prevention focus. Drawing on the self-sacrificial leadership literature and regulatory focus theory, the authors provide results from 4 studies (1 laboratory and 3 field studies) that support the research hypothesis. Specifically...