Showing 1 - 10 of 2,125
This chapter discusses the potential of the agent-based computational economics approach for the analysis of processes of innovation and technological change. It is argued that, on the one hand, several genuine properties of innovation processes make the possibilities offered by agent-based...
Persistent link: https://www.econbiz.de/10014024380
This study presents single-sex and two-sex matrix models to describe accurately the dynamics and to analyze the long-term behavior of human populations, using the case of Spain as example. The long term dynamics analysis of the population of Spain estimates a slight increase in the total...
Persistent link: https://www.econbiz.de/10010969487
the various concepts of coalitional stability, such as internal and external stability and far-sighted stability in the …
Persistent link: https://www.econbiz.de/10010883245
This survey deals with two-sided matching markets where one set of agents (workers/residents) has to be matched with another set of agents (firms/hospitals). We first give a short overview of a selection of classical results. Then, we review recent contributions to a complex and representative...
Persistent link: https://www.econbiz.de/10011011309
producers adopt one of the two alternate production and marketing technologies — efficient and inefficient. We examine stability … equilibrium coalition forms, and (iii) stability of coalitions. They highlight the dynamics between the number of coalition …, and the coalition stability related conditions need not imply better profitability for one type of producer vis-à-vis the …
Persistent link: https://www.econbiz.de/10011279154
This paper investigates a class of dynamic selection processes for n-person normal-form games which includes the Brown-von Neumann-Nash dynamics. For (two-person) zero-sum games and for (n-person) potential games every limit set of these dynamics is a subset of the set of Nash-equilibria....
Persistent link: https://www.econbiz.de/10005081052
quality of a coalition structure is evaluated according to its stability. We review various definitions of stability and … restrictions of preferences ensuring the existence of a partition stable with respect to a particular stability definition. Further …
Persistent link: https://www.econbiz.de/10005081059
In this note we present an example of a TU game where both the value presented by Aumann and Drèze (1974) and the value introduced by Wiese (2007) do not exhibit a stable coalition structure.
Persistent link: https://www.econbiz.de/10008725912
We study employment by lotto (Aldershof et al., 1999), a procedurally fair matching algorithm for the so-called stable marriage problem. We complement Aldershof et al.'s (1999) analysis in two ways. First, we give an alternative and intuitive description of employment by lotto in terms of a...
Persistent link: https://www.econbiz.de/10008493092
formation games. We propose a stability concept for a coalition structure, called sequentially stability, when only bilateral … sequential stability of the grand coalition structure as well as sufficient conditions for which the efficient grand coalition …
Persistent link: https://www.econbiz.de/10010765576