Similar Search Results

A numerical analysis of the evolutionary stability of learning rules

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

In this paper I define an evolutionary stability criterion for learning rules. Using Monte Carlo simulations, I then apply this criterion to a class of learning rules that can be represented by Camerer and Ho's (1999) model of learning. This class contains perturbed versions of reinforcement and...

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

Stochastic adaption in finite games played by heterogeneous populations

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

In this paper, I analyze stochastic adaptation in finite n-player games played by heterogeneous populations of myopic best repliers, better repliers and imitators. In each period, one individual from each of n populations, one for each player role, is drawn to play and chooses a pure strategy...

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

Probabilistic choice in games : properties of Rosenthal's t-solutions

Voorneveld, Mark (contributor) - 2003 - [Elektronische Ressource], Rev. December 20, 2003

In t-solutions, quantal response equilibria based on the linear probability model as introduced in R.W. Rosenthal (1989, Int. J. Game Theory 18, 273-292), choice probabilities are related to the determination of leveling taxes. The set of t-solutions coincides with the set of Nash equilibria of...

Persistent link: https://www.econbiz.de/10001808234

Clever agents in Young's evolutionary bargaining model

Sáez Martí, María; Weibull, Jörgen W. - 1998

Persistent link: https://www.econbiz.de/10000995373

Did the European unification induce economic growth? : In search of scale-effects and persistent changes

Vanhoudt, Patrick - 1998

Persistent link: https://www.econbiz.de/10000994463

Life cycles, oil cycles, or financial reforms? : The growth in private savings rates in Indonesia

Johansson, Sara - 1996

Persistent link: https://www.econbiz.de/10000956033

Aggregate savings when individual income varies

Flodén, Martin (contributor) - 2005 - [Elektronische Ressource]

This paper examines aggregate savings in a general equilibrium model where infinitely lived households face volatile … when income is constant. This additional capital accumulation has sometimes been interpreted as precautionary savings, but … I demonstrate that it is mostly generated by permanent-income motives. -- equilibrium interest rate ; aggregate savings …

Persistent link: https://www.econbiz.de/10002679474

Budget deficits, stochastic population size and consumption

Becker, Torbjörn - 1995

Persistent link: https://www.econbiz.de/10000920355

Risky taxes, budget balance preserving spreads and precautionary savings

Becker, Torbjörn - 1995

Persistent link: https://www.econbiz.de/10000920367

Savings, investment, and economic reforms in developing countries

Johansson, Sara - 1998

Persistent link: https://www.econbiz.de/10001377214