Results 131 to 140 of about 884,301 (228)

Determination of sequential best replies in n-player games by Genetic Algorithms [PDF]

open access: yes
An iterative algorithm for establishing the Nash Equilibrium in pure strategies (NE) is proposed and tested in Cournot Game models. The algorithm is based on the convergence of sequential best responses and the utilization of a genetic algorithm for ...
Mattheos K. Protopapas
core  

Cournot–Nash equilibria in continuum games with non-ordered preferences. [PDF]

open access: yes
In the usual framework of continuum games with externalities, we substantially generalize Cournot–Nash existence results [Balder, A unifying approach to existence of Nash equilibria, Int.
Topuzu, Mihaela   +1 more
core  

Spatial Cournot Competition and Consumers’ Heterogeneity: A Note [PDF]

open access: yes
We consider the standard model of spatial Cournot competition and show that a necessary condition for dispersion equilibria is that the distribution be not unimodal.Spatial Cournot competition, consumers ...
Corrado Benassi
core  

Behavioral Convergence Properties of Cournot and Bertrand Markets: An Experimental Analysis [PDF]

open access: yes
This paper reports an experiment that examines the relative convergence properties of differentiated-product Cournot and Bertrand oligopolies. Overall, Bertrand markets tend to converge to Nash equilibrium predictions more quickly and more completely ...
Douglas D. Davis
core  

Once Beaten, Never Again: Imitation in Two-Player Potential Games [PDF]

open access: yes
We show that in symmetric two-player exact potential games, the simple decision rule "imitate-if-better" cannot be beaten by any strategy in a repeated game by more than the maximal payoff difference of the one-period game.
Peter Duersch   +2 more
core  

Home - About - Disclaimer - Privacy