Search

application/pdf, This paper investigates a market situation in which firms freely can choose whether they implement an affirmative action policy or not. We show that affirmative action policies can be abused by firms. Specifically, we demonstrate that there are market situations where a firm's implementation of affirmative action policies can employ more desirable workers, but is detrimental to the minority workers in the firm.

application/pdf, The present paper fully characterizes equilibria of the generalized volunteer’s dilemma game, which is an integration of the volunteer’s dilemma game and the step-level public goods game with binary decision. We also examined the explanatory power of a widely accepted model with bounded rationality, the quantal response equilibrium (QRE), It is shown that the performance of the QRE model is better in explaining laboratory data.