Results 111 to 120 of about 150,054 (288)
On the role of non-equilibrium focal points as coordination devices [PDF]
Considering a pure coordination game with a large number of equivalent equilibria, we argue, first, that a focal point that is itself not a Nash equilibrium and is Pareto dominated by all Nash equilibria, may attract the players' choices.
Antoni Bosch-Domènech +1 more
core
Modeling energy depletion in rat livers using Nash equilibrium metabolic pathway analysis. [PDF]
Sci Rep, 2022 Lucia A, Ferrarese E, Uygun K.
europepmc +1 more source
Integrative Zoology, EarlyView.Sexual cannibalism (SC), where one mating partner consumes the other in the context of mating, is especially prevalent among spiders. However, the evolution of SC in spiders is still not fully understood. We review key hypotheses for SC and explore how female‐initiated SC has driven the evolution of various male counter‐adaptations to mitigate its ...
Simona Kralj‐Fišer +3 more
wiley +1 more source
An improved predator-prey particle swarm optimization algorithm for Nash equilibrium solution. [PDF]
PLoS One, 2021 Meng Y, He J, Luo S, Tao S, Xu J.
europepmc +1 more source
The RAND Journal of Economics, EarlyView.ABSTRACT We study a long‐horizon, oligopolistic market with random shocks to demand that can be arbitraged by two storage operators with finite capacity. This problem applies to any storable commodity—that is, most commodities. Because the arbitrage spread is so sensitive to market power, storage operators face strong incentives to restrain quantities ...
Sergei Balakin, Guillaume Roger
wiley +1 more source
Why Is Exclusivity in Broadcasting Rights Prevalent and Why Does Simple Regulation Fail?
The RAND Journal of Economics, EarlyView.ABSTRACT Pay‐TV firms compete both downstream to attract viewers and upstream to acquire broadcasting rights. Because profits inherited from downstream competition satisfy a convexity property, allocating rights to the dominant firm maximizes the industry profit.
David Martimort, Jerome Pouyet
wiley +1 more source
Modeling of Collusion Behavior in the Electrical Market Based on Deep Deterministic Policy Gradient
EnergiesThe evolution of the electricity market has brought the issues of market equilibrium and collusion to the forefront of attention. This paper introduces the Deep Deterministic Policy Gradient (DDPG) algorithm on the IEEE three-bus electrical market model.
Yifeng Liu +5 more
doaj +1 more source
Network Structure and the Efficiency Gains from Mergers: Evidence from U.S. Freight Railroads
The RAND Journal of Economics, EarlyView.ABSTRACT The trade‐off between market power and efficiency gains is central to antitrust analyses of mergers, but empirical evidence quantifying efficiencies remains limited. Using transaction‐level data from U.S. freight railroads (1985–2005), this article quantifies merger‐induced cost efficiencies, driven mainly by eliminating inter‐railroad ...
Yanyou Chen
wiley +1 more source
Strategic behavior in non-atomic games [PDF]
In order to remedy the possible loss of strategic interaction in non-atomic games with a societal choice, this study proposes a refinement of Nash equilibrium, strategic equilibrium.
Barlo, Mehmet, Carmona, Guilherme
core +1 more source
Spatial price competition and buyer power in the U.S. beef packing industry
American Journal of Agricultural Economics, EarlyView.Abstract We develop a spatially‐explicit model of the U.S. beef packing industry to study key questions related to competition in an oligopsony setting. Cattle supplies are modeled at the county level, and packing plants' location, capacity, and ownership are taken as given. Packers procure negotiated cattle by competing in prices in each local (county)
GianCarlo Moschini, T. Jake Smith
wiley +1 more source