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Blázquez, Maite; Jansen, Marcel - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005125814

On the Dynamic Foundation of Evolutionary Stability in Continuous Models

Oechssler, Joerg; Riedel, Frank - EconWPA - 2000

We show in this paper that none of the existing static evolutionary stability concepts (ESS, CSS, uninvadability, NIS …) is sufficient to guarantee dynamic stability in the weak topology with respect to standard evolutionary dynamics if the …. Evolutionary robustness ensures dynamic stability for replicator dynamics in doubly symmetric games. …

Persistent link: https://www.econbiz.de/10005550865

An ordinal solution to bargaining problems with many players

Safra, Zvi; Samet, Dov - EconWPA - 2003

Shapley proved the existence of an ordinal, symmetric and efficient solution for three-player bargaining problems. Ordinality refers to the covariance of the solution with respect to order-preserving transformations of utilities. The construction of this solution is based on a special feature of...

Persistent link: https://www.econbiz.de/10005550955

rules for changing the rules

vassilakis, spyros - EconWPA - 2002

Persistent link: https://www.econbiz.de/10005550960

The Evolution of Algorithmic Learning Rules: A Global Stability Result

Anderlini, Luca; Sabourian, Hamid - EconWPA - 1995

This paper consider the dynamic evolution of algorithmic (recursive) learning rules in a normal form game. It is shown that the system - the population frequencies - is globally stable for any arbitrary N-player normal form game, if the evolutionary process is algorithmic and the `birth process'...

Persistent link: https://www.econbiz.de/10005550961

Understanding Social Preferences with Simple Tests

Charness, Gary; Rabin, Matthew - EconWPA - 2003

Departures from self-interest in economic experiments have recently inspired models of "social preferences". We design a range of simple experimental games that test these theories more directly than existing experiments. Our experiments show that subjects are more concerned with increasing...

Persistent link: https://www.econbiz.de/10005556538

Trust and Reciprocity in Incentive Contracting

Rigdon, Mary - EconWPA - 2005

Principals can attempt to get agents to perform certain actions preferable to the principal by using ex post}punishments and rewards to align incentives. Field data is mixed on whether, and to what extent, such informal incentive contracting (paradoxically) crowds out efficient solutions to the...

Persistent link: https://www.econbiz.de/10005556679

Enlargement and the Balance of Power: An Experimental Study

Montero, Maria; Sefton, Martin; Zhang, Ping - EconWPA - 2005

Many important decisions are taken according to weighted majority rule. Power indices predict that enlargement of the voting body may affect the balance of power between the original members even if their number of votes and the decision rule remain constant. Some of the existing voters may...

Persistent link: https://www.econbiz.de/10005556685

Whose Ear (or Arm) to Bend? Information Sources and Venue Choice in Policy Making

Boehmke, Frederick J.; Gailmard, Sean; Patty, John W. - EconWPA - 2005

Important conceptualizations of both interest groups and bureaucratic agencies suggest that these institutions provide legislatures with greater information for use in policy making. Yet little is known about how these information sources interact in the policy process as a whole. In this paper...

Persistent link: https://www.econbiz.de/10005560982

Value Creation and Profit Optimization

Winther, K. Tobias - EconWPA - 2002

The present paper develops a basic framework for evaluating and optimizing profits in a business operation. In developing a business we are often faced with an infinity of choices ranging from what products or services to sell and what customers to target to how to structure and manage the...

Persistent link: https://www.econbiz.de/10005561773

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