Results 41 to 50 of about 137,871 (221)

A consensus model in legislative decision‐making: The council of the European Union

European Policy Analysis, EarlyView.
Abstract The culture of consensus influences legislative decision‐making within the Council of the European Union, often leading to broad coalitions in which even the preferences of isolated member states are considered. Nevertheless, despite its significance, this culture has been insufficiently studied through formal models predicting EU legislative ...
Arash Pourebrahimi
wiley   +1 more source

Dominant Strategies in Two Qubit Quantum Computations [PDF]

, 2015
Nash equilibrium is a solution concept in non-strictly competitive, non-cooperative game theory that finds applications in various scientific and engineering disciplines.
Khan, Faisal Shah
core   +1 more source

Evolutionary Game Analysis of Joint Emission Reduction of Prefabricated Building Supply Chain Considering Government Rewards and Punishments

Energy Science &Engineering, EarlyView.
ABSTRACT Achieving carbon emission reduction of prefabricated building supply chain (PBSC) has become an effective means to achieve low‐carbon economic development in many countries. However, the current carbon emission reduction of PBSC lacks coordination among enterprises in the supply chain, making it difficult to realize the effects of the policy ...
Qianliang Yin, Yingliang Xiao, Yan Wang, Ming Li   +3 more
wiley   +1 more source

Entropic selection of Nash equilibrium [PDF]

, 2012
This study argues that Nash equilibria with less variations in players' best responses are more appealing. To that regard, a notion measuring such variations, the entropic selection of Nash equilibrium, is presented: For any given Nash equilibrium, we consider the cardinality of the support of a player's best response against others' strategies that ...
Alioğulları, Zeynel Harun, Barlo, Mehmet   +1 more
openaire   +5 more sources

Major Conundrums and Possible Solutions in DeFi Insurance

International Journal of Finance &Economics, EarlyView.
ABSTRACT This paper empirically explores the early development of insurance projects in the decentralised finance (DeFi) industry, which is based on disruptive technologies like blockchain and smart contracts. A brief history of DeFi is narrated, stressing four risks of DeFi (volatility risk, cyberattack risk, liquidity risk, and regulation risk) and ...
Peng Zhou, Ying Zhang
wiley   +1 more source

The “Zhang Xuefeng Effect”: Information Intervention and the College Admission Problem in China

International Studies of Economics, EarlyView.
ABSTRACT Information regarding the quality of colleges and labor‐market prospects of majors plays an important role in parents' and students' school‐choice decisions, particularly when these decisions are crucially relevant to the students' long‐run career choices and life earnings.
Yutong Huo, Yun Wang
wiley   +1 more source

Nash Equilibrium and the Evolution of Preferences [PDF]

Journal of Economic Theory, 2001
Abstract A population of players is randomly matched to play a normal form game G . The payoffs in this game represent the fitness associated with the various outcomes. Each individual has preferences over the outcomes of the game and chooses an optimal action with respect to those preferences.
Jeffrey C. Ely, Okan Yilankaya
openaire   +3 more sources

Tree Nash Equilibria in the Network Creation Game

, 2013
In the network creation game with n vertices, every vertex (a player) buys a set of adjacent edges, each at a fixed amount {\alpha} > 0. It has been conjectured that for {\alpha} >= n, every Nash equilibrium is a tree, and has been confirmed for every ...
Mamageishvili, Akaki, Mihalak, Matus, Muller, Dominik   +2 more
core   +1 more source

Peer Effects in Bin ary Outcomes: Strategic Complementarity and Taste for Conformity With Endogenous Networks

Journal of Applied Econometrics, EarlyView.
ABSTRACT This paper introduces a generalized model of peer effects for binary outcomes, based on a network game that accounts for strategic complementarity (influence of the number of peers that select the same action) and conformity to social norms (penalizing deviations from the average peers' action).
Mathieu Lambotte
wiley   +1 more source

Estimation Using Marginal Competitor Sales Information

Journal of Operations Management, EarlyView.
ABSTRACT An abiding preoccupation for firms is understanding how customers value their products versus competitors' products. This is difficult to quantify and estimate from data as, even if competitor prices are public information, their sales are typically unobservable.
Kalyan Talluri, Müge Tekin
wiley   +1 more source