Folk Theories - Publications - Faculty & Research

Article

Delayed-Response Strategies in Repeated Games with Observation Lags

By: Drew Fudenberg, Yuhta Ishii and Scott Duke Kominers

We extend the folk theorem of repeated games to two settings in which players' information about others' play arrives with stochastic lags. In our first model, signals are almost-perfect if and when they do arrive, that is, each player either observes an almost-perfect... View Details

Keywords: ＂Repeated Games＂; Folk Theorem; Private Monitoring; Observation Lag; Game Theory

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2022
Article

The Ordinary Concept of a Meaningful Life: The Role of Subjective and Objective Factors in Third-Person Attributions of Meaning

By: Michael Prinzing, Julian De Freitas and Barbara L. Fredrickson

The desire for a meaningful life is ubiquitous, yet the ordinary concept of a meaningful life is poorly understood. Across six experiments (total N = 2,539), we investigated whether third-person attributions of meaning depend on the psychological states an agent... View Details

Keywords: Experimental Philosophy; Folk Theories; Meaning In Life; Moral Psychology; Positive Psychology; Moral Sensibility; Satisfaction

18 Sep 2018
First Look

New Research and Ideas, September 18, 2018

prior theory of subsidiary absorptive capacity and argue that larger subsidiaries, characterized by greater knowledge stock and a greater fraction of local employees, could plausibly absorb more knowledge from the local host country... View Details

Keywords: Dina Gerdeman

19 Feb 2007
Research & Ideas

Inexperienced Investors and Market Bubbles

age) fund managers, yet you would think these folks are still experienced investors. They must have some track record to have a fund handed over to them to manage. So is it really a matter of time and experience that deepens your... View Details

Keywords: by Sean Silverthorne; Financial Services

01 Feb 2021
What Do You Think?

Has the New Economy Finally Arrived?

pandemic) that challenge traditional economic theory centered on the so-called Phillips curve. It’s a simple economic model named after the economist who explored the positive relationship between low unemployment and higher wage rates.... View Details

Keywords: by James Heskett

19 Dec 2011
Research & Ideas

Climbing the Great Wall of Trust

emphasis on personal relationships. "It's taken to a different level in China," says Chua. "Because of the lack of a strong legal infrastructure, people have to rely on those they know very well to get things done." There's even a name for the... View Details

Keywords: by Michael Blanding

08 Jul 2015
What Do You Think?

Do Americans Work Too Much and Think About Work Too Little?

long hours, most folks are being forced to do that with minimal compensation." Patrick Coomans placed some blame on "the weak job protection employees have in the US." Sid Mehta, who reminded us that Greece has the longest... View Details

Keywords: by James Heskett; Financial Services

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