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Essays on managerial incentives and product-market competition

Spagnolo, Giancarlo - 1999

Persistent link: https://www.econbiz.de/10000997436

Parametric covariance matrix modeling in Bayesian panel regression

Salabasis, Mickael (contributor) - 2004 - [Elektronische Ressource], Rev. February 16, 2005

The full Bayesian treatment of error component models typically relies on data augmentation to produce the required inference. Never stricly necessary a direct approach is always possible though not necessarily practical. The mechanics of direct sampling are outlined and a template for including...

Persistent link: https://www.econbiz.de/10002595455

A numerical analysis of the evolutionary stability of learning rules

Josephson, Jens (contributor) - 2001 - [Elektronische Ressource]

; Evolutionary game theory ; Evolutionary Stability ; Learning in games ; Belief learning ; Reinforcement learning … class contains perturbed versions of reinforcement and belief learning as special cases. A large population of individuals …, whereas reinforcement learning is unstable in almost all cases. I also find that in certain games, the stability of …

Persistent link: https://www.econbiz.de/10001622441

Stochastic adaption in finite games played by heterogeneous populations

Josephson, Jens (contributor) - 2001 - [Elektronische Ressource]

size. -- Bounded rationality ; Evolutionary game theory ; Imitation ; Better replies ; Markov chain ; Stochastic stability …

Persistent link: https://www.econbiz.de/10001622442

Learning to be prepared

Kets, Willemien (contributor); Voorneveld, Mark (contributor) - 2005 - [Elektronische Ressource]

Behavioral economics provides several motivations for the common observation that agents appear somewhat unwilling to deviate from recent choices: salience, inertia, the formation of habits, the use of rules of thumb, or the locking in on certain modes of behavior due to learning by doing. This...

Persistent link: https://www.econbiz.de/10002640702

Information updating and insurance dropout : evidence from dental insurance

Grönqvist, Erik (contributor) - 2004 - [Elektronische Ressource]

Micro data from a dental insurance natural experiment is used to analyze why agents opt out of insurance. The purpose is to relate the dropout decision to new information on risk, acquired by the policy holder and the insurer. The results show that agents tend to leave the insurance when...

Persistent link: https://www.econbiz.de/10002570047