Analyse & Kritik

Journal of Philosophy and Social Theory


"Werner Güth"

Titel: Perfect or Bounded Rationality? Some Facts, Speculations and Proposals
Autor: Werner Güth / Hartmut Kliemt
Seite: 364-381

Abstract: Simple game experiments of the reward allocation, dictator and ultimatum type are used to demonstrate that true explanations of social phenomena cannot conceivably be derived in terms of the perfect rationality concept underlying neo-classical economics. We explore in some depth, if speculatively, how experimental game theory might bring us closer to a new synthesis or at least the nucleus of a general theory of ’games and boundedly rational economic behavior’ with enhanced explanatory power.

Zur Ausgabe →

Titel: The Evolution of Trust(worthiness)in the Net
Autor: Werner Güth / Hartmut Kliemt
Seite: 203-219

Abstract: The main results of our indirect evolutionary approach to trust in large interactions suggest that trustworthiness must be detectable if good conduct in trust-relationships is to survive. According to theoretical reasoning there is a niche then for an organization offering a (possibly) costly service of keeping track of the conduct of participants on the net. We compare traits of an organizational design as suggested by economic reasoning with those that actually emerged and ask whether institutions like eBay will increasingly have to ’economize on virtue' although so far they could rely on its spontaneous provision.

Zur Ausgabe →

Titel: Hard Choices Softened Locally. Enacting New Rules for Organ Allocation
Autor: Werner Güth / Hartmut Kliemt / Thomas Wujciak
Seite: 205-220

Abstract: The implementation of a new kidney allocation algorithm by Eurotransplant was a 'rule choice' with serious ethical, legal, and political implications. Eurotransplant made that choice in view of a careful analysis of empirically predictable consequences of alternative rule specifications. This paper studies in a stylized way how the decision on the allocation algorithm emerged. Hopefully an understanding of central features of the described successful case of initiating improvements may be helpful in other cases with a similar structure.

Zur Ausgabe →

Philosophical and Methodologial Issues in Economics
2004 (26) Heft 2
Guest-Editors: Mark S. Peacock / Michael Schefczyk

The 'dismal science of economics', as it was once called, has a mixed reputation. Some praise its clarity and elegance whilst others bewail its futility; others laud the precision of its mathematical form whereas others still descry the source of its irrelevance and unrealism in just this form. Many feel that precision and mathematisation are bought at a price too high, namely unrealistic assumptions, empty models with little or no explanatory power, unreliable predictions and a general state of...

Zur Ausgabe →