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We study the effects of institutional constraints on stability, efficiency and network formation. An exogenous … examine the impact of such societal constraints on stable/efficient architectures and on dynamics. We also study stability and … stochastic stability in the presence of decay. …
Persistent link: https://www.econbiz.de/10009493838
Persistent link: https://www.econbiz.de/10010343749
This paper analyzes the implications of right-to-manage wage bargaining between a producers' syndicate and a workers' union representing finite numbers of identical members in a monetary macroeconomic model of the AS-AD type with government activity. At given prices and price expectations,...
Persistent link: https://www.econbiz.de/10010352836
stability for the intermediate model. Dynamics are also discussed. …We provide a model that allows for a transition between the simplest variation of two basic models of strategic network …
Persistent link: https://www.econbiz.de/10011650320
emerging challenges and dynamics. [Paper prepared for Financial Stability Review of Bank of France]. …
Persistent link: https://www.econbiz.de/10004979262
procedures -which includes Gradient Systems and Best Reply Dynamics as special cases- when there are two players and strategy … sets are one dimensional. We also show that there are no restrictions on the form of Gradient or Best Reply dynamics, even …
Persistent link: https://www.econbiz.de/10005731450
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Рассмотрены основные аспекты, связанные с построением модели устойчивости технологической динамики экономического развития региона. Тульская область выбрана...
Persistent link: https://www.econbiz.de/10011229275
This paper provides a new model of network formation that bridges the gap between the two benchmark models by Bala and … benchmark models, in what we call an "asymmetric flow" network a link can be initiated unilaterally by any player with any other …
Persistent link: https://www.econbiz.de/10011145666
model. We study Nash, strict Nash and pairwise stability for the intermediate models. Efficiency and dynamics are also …We provide a model that bridges the gap between two benchmark models of strategic network formation: Jackson and …
Persistent link: https://www.econbiz.de/10011145667