2 papers
econ.TH2026
Why Efficient Reforms Fail: Endogenous Game Transformation under Status Quo Bias and Social Preferences
Madjid Eshaghi Gordji, Mohammadali Berahman, Hasti Eshaghi
Why do societies remain stuck in inferior institutions even when superior al ternatives are widely recognized? This paper develops a model in which agents choose not only actions w…
econ.TH2026
Strategic Inertia and Institutional Change:A Behavioral Model of Price Reforms versus Action Deletion
Madjid Eshaghi Gordji, Mohammadali Berahman, Hasti Eshaghi
Why do inefficient practices, technologies, or institutions persist even when su perior alternatives are available? This paper introduces a quantal response equilib rium with statu…