In this paper, with help of the concept of hyper-rationality, we model the interaction between two investment companies by an important game as trickery game that has special equilibrium which called hyper-equilibrium. In trickery game, one company can choose cooperation with another company until the last moment and finally changes his action to non-cooperation which incur more loss to an oppo...

Municipalities make an important contribution to poverty alleviation and economic development, through providing free basic services (FBS) to poor households and investing in infrastructure and associated services that are critical for economic activity (National Treasury, 2008). To deliver these services effectively, municipalities rely on two important sources of revenue. One is from the nati...

the purpose of the study was to verify, through the use of an experimental method, the assumption that the ‘economic human’ pays more attention to the externality he/she causes as the strength of externality increases. we used a social-experiment design within an undergraduate classroom to test assumptions, using statistical method. a lakeside plant was used as an example. our results confirmed...

The purpose of the study was to verify, through the use of an experimental method, the assumption that the ‘economic human’ pays more attention to the externality he/she causes as the strength of externality increases. We used a social-experiment design within an undergraduate classroom to test assumptions, using statistical method. A lakeside plant was used as an example. Our results confirmed...

I feel in an awkward position presenting this paper to an inter-disciplinary audience. While economists have ignored caring as irrational behaviour, other disciplines have frequently considered the extent to which rationality and caring are disparate or compatible modes of thought, and until recently, have not tried to force caring into the specific mould of rational choice theory. In recent ye...

The UK and Ireland have emerged from the global economic downturn, currently enjoying periods of steady (or, in the case of Ireland, rapid) economic recovery. However, the UK’s decision to leave the European Union has cast considerable uncertainty on the future economic prosperity of both countries. Improving our understanding of the association between rapid economic change, including recessio...

With the aim of analysing the importance of psycho-social factors in predicting adolescents' smoking behaviour, a model of the interrelations between socio-economic status, parents', peers' and adolescents' own smoking behaviours was tested. The sample consisted of 2,616 adolescents. LISREL analyses were used to support the model; males and females were evaluated separately. Peers' smoking is t...