Results 101 to 110 of about 2,897,594 (227)
Imitation and the emergence of Nash equilibrium play in games with many players [PDF]
, 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
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A Formal Theory of Robert Nozick's Framework for Utopia
Noûs, EarlyView.ABSTRACT This paper offers the very first formal model of Robert Nozick's model of possible worlds and his vision of a utopian society, as outlined in Part III of Anarchy, State, and Utopia. Nozick envisioned utopia as a meta‐utopia—a collection of self‐organized, voluntary sub‐communities—arguing that such an institutional framework is equivalent to ...
Susumu Cato, Hun Chung
wiley +1 more source
Migrant Smuggling to Europe: A Two‐Sector Model With Directed Search
Review of International Economics, EarlyView.ABSTRACT In the last decade, combating migrant smuggling has emerged as a top priority for the European Union (EU). An idiosyncratic feature of this market is its dual supply‐side organization, comprising a small number of criminal cartels and a large mass of self‐employed smugglers.
Claire Naiditch, Radu Vranceanu
wiley +1 more source
The Scandinavian Journal of Economics, EarlyView.Abstract In many environmental problems, emissions are hard to monitor and abatement costs are privately known. We study how efficient abatement nevertheless can be induced through market‐like arrangements that condition transfers on verifiable abatement rather than on measured emissions.
Jens Gudmundsson +2 more
wiley +1 more source
Stochastic Approximation, Momentum, and Nash Play [PDF]
Main objects here are normal-form games, featuring uncertainty and noncooperative players who entertain local visions, form local approximations, and hesitate in making large, swift adjustments.
Flåm, Sjur Didrik, Berglann, Helge
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Interdependent‐value auctions with spiteful bidders
The Scandinavian Journal of Economics, EarlyView.Abstract I study the interaction between spiteful preferences and interdependent values in auctions. While spite causes overbidding in both auction formats, interdependent values affect spiteful bidders' incentives differently depending on the auction format.
Matthew J. Robertson
wiley +1 more source
Strong Berge and Pareto Equilibrium Existence for a Noncooperative Game [PDF]
In this paper, we study the main properties of the strong Berge equilibrium which is also a Pareto efficient (SBPE) and the strong Nash equilibrium (SNE).
Moussa Larbani +2 more
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Market size and strategic interaction in pharmaceutical price regulation
The Scandinavian Journal of Economics, EarlyView.Abstract We present a model of optimal regulation in the presence of spillover effects and asymmetric countries, and we use it to study strategic interaction among countries in pharmaceutical price regulation, where the spillovers result from innovation in drug development.
Simona Gambaⓡ +2 more
wiley +1 more source
The Analysis of the Behavior of Generators in the Two-Level Market Model of Functioning of the EPS
Известия Иркутского государственного университета: Серия "Математика", 2016 Electricity market model of interaction between producers (Generation Companies – GC) and System Operator (SO) is considered. We analyze the situation when power producers try to increase their profit distorting their technical parameters.
N. Dresvyanskaya
doaj
On the existence of Nash equilibrium in electoral competition [PDF]
This paper generalizes previous existence results on unidimensional electoral competition, by extending the traditional two-party electoral game to the case where parties have mixed motivations, in the sense that they are interested in winning the ...
Alejandro Saporiti
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