New Economic Thinking
Contact Person: Dr. Heinrich Nax
Duration: 06/2014 - 11/2019
Funding: ETH Zürich
Description:
New Economic Thinking is required to understand the developments of the 21st century. Our research focus closely mirrors the ambitions of other institutions such as INET (Institute for New Economic Thinking), the Oxford Martin School and the LSE Choice Group. We aim to contribute to the development of new economic theory through laboratory and online experiments to understand non-standard preferences in humans, through data-driven research, and using evolutionary game theory (please also refer to Evolutionary Game Theory).
This project is related to the ERC Momentum project.
Publications
Philip Grech and Heinrich H. Nax (2017). Interactive vs. Non-Interactive Dictator Games (announcement). external pageResearch Collectioncall_made
Philip Grech and Heinrich H. Nax (2017). Nash Equilibria of Dictator Games: a New Perspective, Social Science Research Network (SSRN), Amsterdam: Elsevier. external pageResearch Collectioncall_made
Heinrich H. Nax, Ryan O. Murphy and Dirk Helbing (2017). Nash Dynamics, Meritocratic Matching, and Cooperation, In Social dilemmas, institutions, and the evolution of cooperation, edited by Jann, Ben, and Wojtek Przepiorka, 447-470, Berlin: De Gruyter Oldenbourg.external pageDOIcall_made external pageResearch Collectioncall_made
Heinrich H. Nax, Stefano Balietti, Ryan O. Murphy and Dirk Helbing (2017). Adding noise to the institution: An experimental welfare investigation of the contribution-based grouping mechanism, Social choice and welfare, Berlin: Springer. external pageDOIcall_made external pageResearch Collectioncall_made
Heinrich H. Nax (2016). The Logic of Collective Rating, Frontiers in Physics, 4: 15, Lausanne: Frontiers Media. external pageDOIcall_made external pageResearch Collectioncall_made
Heinrich H. Nax and Alexandros Rigos (2016). Assortativity evolving from social dilemmas, Journal of theoretical biology, 395: 194-203, Amsterdam: Elsevier. external pageDOIcall_made external pageResearch Collectioncall_made
Heinrich H. Nax, Ryan O. Murphy, and Kurt A. Ackermann. (2015). external pageInteractive preferences.call_made Economics Letters 135: 133-136.
Matthias Leiss, Heinrich H. Nax, and Didier Sornette. (2015). external pageSuper-exponential growth expectations and the Global Financial Crisis.call_made Journal of Economic Dynamics & Control 55: 1-13.
Heinrich H Nax. (2014). external pageA note on the Core of TU-cooperative games with multiple membership externalitiescall_made. Games 5: 191-203.