Results 161 to 170 of about 1,721 (242)
Human adaptation to adaptive machines converges to game-theoretic equilibria. [PDF]
Chasnov BJ, Ratliff LJ, Burden SA.
europepmc +1 more source
ABSTRACT Sometimes politicians must take indelible public stances under unresolved uncertainty about an outcome they cannot control, for example, consider the minority on a proposal that is bound to pass. Counter to the expectations that party platforms converge, and that rational individuals balk at betting against one another, we show this can lead ...
Jorge Fabrega, John Londregan
wiley +1 more source
A replicator model with transport dynamics on networks for species evolution. [PDF]
Coclite A +3 more
europepmc +1 more source
Dynamics of Fiscal Habits and Soft Budgets in Federations
ABSTRACT In this paper, we are motivated by empirical evidence of persistent, implicit or explicit, bailouts in federations from high‐tier (e.g., center) governments to low‐tier (e.g., state) governments. We build a novel dynamic model for a federation containing N ≥ 2 $N\ge 2$ identical regional governments and a central government.
João Ricardo Faria, Emilson C. D. Silva
wiley +1 more source
The dynamics of cooperation in asymmetric public goods games. [PDF]
Wang X, Hilbe C, Zhang B.
europepmc +1 more source
Global Warming Policy in a Federation
ABSTRACT We explore alternate allocations of responsibility for greenhouse gas emissions policies in a small open federation. Emissions result from consumption and production of a tradeable dirty good. Emissions control policies are based on social values which depend on the allocation of policy responsibility.
Robin Boadway, Katherine Cuff
wiley +1 more source
Macroscopic Market Making Games
ABSTRACT Building on the macroscopic market making framework as a control problem, this paper investigates its extension to stochastic games. In the context of price competition, each agent is benchmarked against the best quote offered by the others. We begin with the linear case.
Ivan Guo, Shijia Jin
wiley +1 more source
Order Routing and Market Quality: Who Benefits From Internalization?
ABSTRACT Does retail order internalization benefit (via price improvement) or harm (via reduced liquidity) retail traders? To answer this question, we compare two market designs that differ in their mode of liquidity provision: In the setting capturing retail order internalization, liquidity is provided by market makers (wholesalers) competing for the ...
Umut Çeti̇n, Albina Danilova
wiley +1 more source
Threshold uncertainty, early warning signals and the prevention of dangerous climate change. [PDF]
Hurlstone MJ, White B, Newell BR.
europepmc +1 more source

