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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

The labor-supply elasticity and borrowing constraints : why estimates are biased

Domeij, David (contributor); Flodén, Martin (contributor) - 2001 - [Elektronische Ressource]

model, the bias may be up to 50 percent. We find a similar bias in PSID data. -- labor supply elasticity ; intertemporal …

Persistent link: https://www.econbiz.de/10001626699

Networks of relations

Lippert, Steffen (contributor); … - 2004 - [Elektronische Ressource], This version: June 4, 2010, First version: 2001

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