Showing 1 - 10 of 17
disutility can control their mistake probability, i.e., the probability of implementing another pure strategy than intended. This …
Persistent link: https://www.econbiz.de/10005670119
some effort can control the probability of implementing the intended strategy. This is shown to corroborate the results in …
Persistent link: https://www.econbiz.de/10005082492
No abstract.
Persistent link: https://www.econbiz.de/10010611601
Evolutionary theorizing has a long tradition in economics. Only recently has this approach been brought into the framework of non-cooperative game theory. Evolutionary game theory studies the robustness of strategic behaviour with respect to evolutionary forces in the context of games played...
Persistent link: https://www.econbiz.de/10005771089
We survey the literature on social networks by putting together the economics, sociological and physics/applied mathematics approaches, showing their similarities and differences. We expose, in particular, the two main ways of modeling network formation. While the physics/applied mathematics...
Persistent link: https://www.econbiz.de/10008502564
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
stochastic process will enter any given neighborhood of that attractor within a finite and deterministic time with a probability …
Persistent link: https://www.econbiz.de/10005419542
This paper examines equilibrioum and stability in symmetric two-player cheap-talk games. In particular, we characterize the set of neutrally stable outcomes in finite cheap-talk 2x2 coordination games.
Persistent link: https://www.econbiz.de/10005639287
In the models of Young (1993a,b), boundedly rational indivudals are recurrently matched to play myopic best replies to the recent history of play. It could therefore be an advantage to instead play a myopic best reply tthe myopic best reply, something boundedly rational players might conceivably...
Persistent link: https://www.econbiz.de/10005639310
this flow closely until this (deterministic) entry time, with a probability that approaches one exponentially in the …
Persistent link: https://www.econbiz.de/10005639325