Results 51 to 60 of about 73,159 (198)
Doves and hawks in economics revisited. An evolutionary quantum game theory-based analysis of financial crises [PDF]
The last financial and economic crisis demonstrated the dysfunctional long-term effects of aggressive behaviour in financial markets. Yet, evolutionary game theory predicts that under the condition of strategic dependence a certain degree of aggressive ...
Axelrod +61 more
core +2 more sources
Stable Price Dispersion under Heterogeneous Buyer Consideration
ABSTRACT We study the pricing of homogeneous products sold to customers who consider different sets of suppliers. We identify prices that are stable in the sense that no firm wishes to undercut a rival or to raise its price when rivals are able to respond by offering special deals.
David P. Myatt, David Ronayne
wiley +1 more source
The Shared Reward Dilemma [PDF]
One of the most direct human mechanisms of promoting cooperation is rewarding it. We study the effect of sharing a reward among cooperators in the most stringent form of social dilemma, namely the Prisoner's Dilemma.
Cuesta, J. A. +3 more
core +4 more sources
Resource windfalls and political sabotage: Evidence from 5.2 million political ads
Abstract We study the role of incentives in inducing sabotage in political contents, vis‐à‐vis natural resource windfalls. The latter induce plausibly exogenous increases in contests' stakes by extending opportunities for policy implementation or private gain upon winning and enhancing incumbent advantage.
David Lagziel, Ehud Lehrer, Ohad Raveh
wiley +1 more source
Approximation in solving the infinite two-person non-cooperative games is studied in the paper. An approximation approach with conversion of infinite game into finite one is suggested. The conversion is fulfilled in three stages.
Romanuke Vadim V., Kamburg Vladimir V.
doaj +1 more source
Competitive diplomacy in bargaining and war
Abstract War is often viewed as a bargaining problem. However, prior to bargaining, countries can vie for leverage by expending effort on diplomacy. This article presents a dynamic model of conflict where agenda‐setting power is endogenous to pre‐bargaining diplomatic competition.
Joseph J. Ruggiero
wiley +1 more source
China’s soybean price fluctuates due to the current economic and trade frictions between China and the United States. Brazil and the United States are regarded as two oligarchs in China’s soybean import market.
Yi Wang, Hui Wang, Shubing Guo
doaj +1 more source
Games of Partial Information and Predicates of Personal Taste [PDF]
A predicate of personal taste occurring in a sentence in which the perspectival information is not linguistically articulated by an experiencer phrase may have two different readings.
Hîncu, Mihai
core +1 more source
Cooperation and Managerial Delegation in Duopoly Revisited
ABSTRACT This paper shows that the cooperative game with managerial delegation (in both the Cournot and Bertrand settings) and the Bertrand benchmark game (without delegation or cooperation) are equivalent in duopoly. The cooperative solution may be the equilibrium of the game, and this outcome can be beneficial for consumer surplus and welfare when ...
José A. Novo‐Peteiro
wiley +1 more source
Game-Based Resource Allocation Mechanism in B5G HetNets with Incomplete Information
Ultra-dense and highly heterogeneous network (HetNet) deployments make the allocation of limited wireless resources among ubiquitous Internet of Things (IoT) devices an unprecedented challenge in 5G and beyond (B5G) networks.
Weijia Feng, Xiaohui Li
doaj +1 more source

