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Evolution, Rationality and Equilibrium in Games

Weibull, Jörgen W. - Institutet för Näringslivsforskning (IFN) - 1997

evolutionary forces in games played repeatedly in large populations of boundedly rational agents. The approach is macro oriented in …

Persistent link: https://www.econbiz.de/10010818398

Correcting Mistakes: Cognitive Dissonance and Political Attitudes in Sweden and the United States

Elinder, Mikael - Institutet för Näringslivsforskning (IFN) - 2009

Cognitive dissonance theory predicts that the act of voting makes people more positive toward the party or candidate … turnout provided by the voting age restriction. I improve on previous studies by investigating political attitudes, measured … just before elections, when they are highly predictive of voting. In contrast to earlier studies I find no effect of voting …

Persistent link: https://www.econbiz.de/10004964395

Democracy, Autocracy and the Likelihood of International Conflict

Tangerås, Thomas - Institutet för Näringslivsforskning (IFN) - 2008

This is a game-theoretic analysis of the link between regime type and international conflict. The democratic electorate can credibly punish the leader for bad conflict outcomes, whereas the autocratic selectorate cannot. For the fear of being thrown out of office, democratic leaders are (i) more...

Persistent link: https://www.econbiz.de/10005645369

Evolution and Refinement with Endogenous Mistake Probabilities

van Damme, Eric; Weibull, Jörgen W. - Institutet för Näringslivsforskning (IFN) - 1999

Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive population dynamics in Kandori, Mailath and rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model mutation rates as...

Persistent link: https://www.econbiz.de/10005082492

Evolutionary Selection in Normal Form Games

Ritzberger, Klaus; Weibull, Jörgen W. - Institutet för Näringslivsforskning (IFN) - 1993

No abstract.

Persistent link: https://www.econbiz.de/10010611583

Nash Equilibrium and Evolution by Imitation

Björnerstedt, Jonas; Weibull, Jörgen W. - Institutet för Näringslivsforskning (IFN) - 1994

No abstract.

Persistent link: https://www.econbiz.de/10010611601

What have we learned from Evolutionary Game Theory so far?

Weibull, Jörgen W. - Institutet för Näringslivsforskning (IFN) - 1997

evolutionary forces in the context of games played many times in large populations of boundedly rational agents. This new strand in …

Persistent link: https://www.econbiz.de/10005771089

Immediate Agreement in Interdependent Bilateral Bargaining

Björnerstedt, Jonas; Stennek, Johan - Institutet för Näringslivsforskning (IFN) - 2007

This note provides sufficient conditions for immediate agreement in an extensive form model of interdependent bilateral bargaining. The model is suggested by Björnerstedt and Stennek (2006) as a work horse for studying bilateral oligopoly. The key feature of this model is that the firms are...

Persistent link: https://www.econbiz.de/10005771098

Clever Agents in Young's Evolutionary Bargaining Model

Weibull, Jörgen W.; Saez-Marti, Maria - Institutet för Näringslivsforskning (IFN) - 1998

In the models of Young (1993a,b), boundedly rational individuals are recurrently matched to play a game, and they play myopic best replies to the recent history of play. It could therefore be an advantage to instead play a myopic best reply to the myopic best reply, something boundedly rational...

Persistent link: https://www.econbiz.de/10005190635

Venture Capitalists, Asymmetric Information, and Ownership in the Innovation Process

Fabrizi, Simona; Lippert, Steffen; Norbäck, Pehr-Johan; … - Institutet för Näringslivsforskning (IFN) - 2008

In this paper we construct a model in which entrepreneurial innovations are sold into oligopolistic industries and where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as exacerbated development by better-informed venture-backed...

Persistent link: https://www.econbiz.de/10005419514