Showing 1 - 10 of 24
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 enforce cooperative agreements that could not be sustained if … agents had no access to other network members' sanctioning power and information. We identify conditions for network …
Persistent link: https://www.econbiz.de/10002450641
Persistent link: https://www.econbiz.de/10000885971
Persistent link: https://www.econbiz.de/10000894672
Persistent link: https://www.econbiz.de/10000958115
Persistent link: https://www.econbiz.de/10000958222
Persistent link: https://www.econbiz.de/10000959380
A large number of individuals are randomly matched into groups, where each group plays a finite symmetric game. Individuals breed true. The expected number of surviving offspring depends on own material payoff, but may also, due to cooperative breeding and/or reproductive competition, depend on...
Persistent link: https://www.econbiz.de/10002609559
The literature on deregulated electricity markets generally assumes available capacities to be given. In contrast, this paper studies a model where firms precommit to capacity levels before competing in a uniform price auction. The analysis sheds light on recent empirical findings that firms use...
Persistent link: https://www.econbiz.de/10001663587
A product set of pure strategies is a prep set ("prep" is short for "preparation") if it contains at least one best reply to any consistent belief that a player may have about the strategic behavior of his opponents. Minimal prep sets are shown to exists in a class of strategic games satisfying...
Persistent link: https://www.econbiz.de/10001638116
Persistent link: https://www.econbiz.de/10001604448