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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
No abstract.
Persistent link: https://www.econbiz.de/10010685041
No abstract.
Persistent link: https://www.econbiz.de/10010685046
No abstract.
Persistent link: https://www.econbiz.de/10010685034
matching between workers and firms in export-oriented industries. Changes that reduce the cost of imports have an ambiguous … impact on matching. We combine detailed Swedish matched worker-firm data from 1995 – 2005 with tariff data to test these …
Persistent link: https://www.econbiz.de/10010542070
evidence that openness improves the matching between workers and firms in export-oriented industries. This suggests that there … efficiency of the matching process in the labor market. On the other hand, we find no evidence that openness affects the degree … of matching in import-competing industries. These results remain unchanged after adding controls for technical change at …
Persistent link: https://www.econbiz.de/10008784427
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
does a poor job in matching real-world networks. We also analyze behaviors on networks, which take networks as given and …
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