Showing 1 - 10 of 288
Persistent link: https://www.econbiz.de/10000864519
In Young (1993, 1998) agents are recurrently matched to play a finite game and almost always play a myopic best reply to a frequency distribution based on a sample from the recent history of play. He proves that in a generic class of finite n-player games, as the mutation rate tends to zero,...
Persistent link: https://www.econbiz.de/10001600008
Persistent link: https://www.econbiz.de/10000935386
Persistent link: https://www.econbiz.de/10000968588
Persistent link: https://www.econbiz.de/10003290963
We model networks of relational (or implicit)contracts, exploring how sanctioning power and equilibrium conditions change under different network configurations and information transmission technologies. In our model, relations are the links, and the value of the network lies in its ability to...
Persistent link: https://www.econbiz.de/10002450641
Persistent link: https://www.econbiz.de/10000970578
Persistent link: https://www.econbiz.de/10000726963
Persistent link: https://www.econbiz.de/10000961280
Persistent link: https://www.econbiz.de/10000961930