Showing 1 - 10 of 366
We propose a quantum-like description of markets and economics. The approach has roots in the recently developed quantum game theory. Quantum Zeno paradoxes and noncomutative quantum mecanics are also discussed.
Persistent link: https://www.econbiz.de/10005407589
I am putting together a collection of clippings, journal articles, and original material to accompany my game theory book. It is due at the publisher's September 1, 1999. This is the preface, in which I explain my choice of items to include.
Persistent link: https://www.econbiz.de/10005118567
I am putting together a collection of clippings, journal articles, and original material to accompany my game theory book. It is due at the publisher's September 1, 1999. This is the table of contents.
Persistent link: https://www.econbiz.de/10005118599
I am revising my game theory book, which is due at the publisher's September 1, 1999. This is the preface, which discusses changes I have made.
Persistent link: https://www.econbiz.de/10005135102
investigate this question in case that the individual probability functions are based on different information sets. Under … any overlaps between different persons' information sets. The solutions are derived from an axiomatic system that models … parameter-free, and that they incorporate each individual's information although the individuals need not communicate their …
Persistent link: https://www.econbiz.de/10005412461
degrees. When the decision maker consults only a single expert, the expert withholds substantial information from the decision …
Persistent link: https://www.econbiz.de/10005550962
Considering two potential sources of income (public grants and ticket revenues),we have defined a theoretical model where the public agency is the principal and the manager of the museum is the agent. This model allows us to design the optimal contract between both sides and thus to establish...
Persistent link: https://www.econbiz.de/10005408405
We identify and investigate the basic `hold-up' problem which arises whenever each party to a contingent contract has to pay some ex-ante cost for the contract to become feasible. We then proceed to show that, under plausible circumstances, a `contractual solution' to this hold-up problem is not...
Persistent link: https://www.econbiz.de/10005062341
information. Price movements away from fundamentals are assumed to occur only infrequently, if at all. „False“ prices are supposed …
Persistent link: https://www.econbiz.de/10005134753
The study of evolutionary dynamics was so far mainly restricted to finite strategy spaces. In this paper we show that this restriction is in most cases unnecessary. We give a mild condition under which the continuous time replicator dynamics are well defined for infinite strategy spaces....
Persistent link: https://www.econbiz.de/10005407530