Results 111 to 120 of about 899,497 (303)

Implementation in Mixed Nash Equilibrium [PDF]

open access: yes
A mechanism implements a social choice correspondence f in mixed Nash equilibrium if at any preference profile, the set of all pure and mixed Nash equilibrium outcomes coincides with the set of f-optimal alternatives at that preference profile.
Claudio Mezzetti, Ludovic Renou
core  

Merger Efficiency and Coordinated Effects: Nothing to Sneeze at? Evidence From Cough and Cold Medicines in the Philippines

open access: yesSouthern Economic Journal, EarlyView.
ABSTRACT We investigate the competitive effects of a merger in the cough and cold medicines segment between GlaxoSmithKline (GSK) and Pfizer. The parties offered efficiency gains, and authorities concluded the merger would not lessen competition. Using product‐level data from the Philippines, we estimate a structural demand model to assess efficiency ...
Farasat A. S. Bokhari   +3 more
wiley   +1 more source

Nash equilibrium tariffs and illegal immigration: an analysis of preferential trade liberalization [PDF]

open access: yes
We use a version of the small-union Meade model to consider the effects of interdependent import tariffs in the presence illegal immigration. First, we analyze the condition under which illegal immigration is likely to increase (or decrease) in response ...
Subhayu Bandyopadhyay, Ryo Takashima
core  

Imitation and the emergence of Nash equilibrium play in games with many players [PDF]

open access: yes, 2003
We model a learning dynamic in which players imitate and innovate. Of interest is to question whether Nash equilibrium play emerges, and if so, the role that imitation plays in this emergence.
Cartwright, Edward
core  

V2G Scaling for Electric Trucks From a Cyber‐Physical‐Social Perspective: Challenges and Pathways

open access: yesEnergy Internet, EarlyView.
ABSTRACT Under the dual carbon strategy, electric trucks, as a key element in emission reduction within the transportation sector, can achieve a mutually beneficial situation for both the power system and the transportation system through vehicle‐to‐grid (V2G).
Jun Li   +4 more
wiley   +1 more source

A Multi‐Agent Bidding Strategy in Day‐Ahead Joint Energy and Reserve Markets Considering Risk Preferences

open access: yesIET Smart Energy Systems, EarlyView.
A PER‐MATD3‐based bidding model for generators in day‐ahead joint energy and reserve markets is proposed. An aggressiveness coefficient quantifies risk preference, KAN improves interpretability and simulation results demonstrate enhanced coordinated decision‐making and training stability.
Xinge Xu   +5 more
wiley   +1 more source

Modeling of Collusion Behavior in the Electrical Market Based on Deep Deterministic Policy Gradient

open access: yesEnergies
The 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

Uniqueness of Nash equilibrium in vaccination games

open access: yesJournal of Biological Dynamics, 2016
One crucial condition for the uniqueness of Nash equilibrium set in vaccination games is that the attack ratio monotonically decreases as the vaccine coverage level increasing.
Fan Bai
doaj   +1 more source

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