Showing 1 - 10 of 30
I present and study an evolutionary model of immigration and culturaltransmission of social norms in a set-up where agents are repeatedly matchedto play a one-shot interaction prisoner´s dilemma. Matching can be non-randomdue to limited integration (or population viscosity). The latter refers...
Persistent link: https://www.econbiz.de/10005515909
procedures. In particular, we apply the argument to validate results from simulation tools obtained for the classical model of … segregation of Thomas Schelling (1971a). …
Persistent link: https://www.econbiz.de/10005731213
We construct a general-equilibrium version of Krusell, Ohanian, Ríos-Rulland Violante’s (2000) model with capital-skill complementarity. To account forgrowth patterns observed in the data, we assume several sources of growthsimultaneously, specifically, exogenous growth of skilled and...
Persistent link: https://www.econbiz.de/10005212570
We develop a model of team formation in which workers learn about their level of ability. We show that insufficient cooperation may arise as workers learn positively about their own skills. We then build a model for team managers and establish that their objectivity in assessing coworkers'...
Persistent link: https://www.econbiz.de/10005212573
We experimentally investigate the effect of population viscosity (an increased probability to interact with others of one's type or group) on cooperation in a standard prisoner's dilemma environment. Subjects can repeatedly choose between two groups that differ in the defector gain in the...
Persistent link: https://www.econbiz.de/10005212586
: altruists, defectors and conditional cooperators. We show - relying on simulation techniques - that the probability of reaching …
Persistent link: https://www.econbiz.de/10008500662
This paper is a note on how Information Theory and Codification Theory are helpful in the computational design both of communication protocols and strategy sets in the framework of finitely repeated games played by boundedly rational agents. More precisely, we show the usefulness of both...
Persistent link: https://www.econbiz.de/10005731205
This paper studies the problem of spreading a product (an idea or a technology) among agents in a social network. An agent obtains the product with a probability that depends on the spreading rate (or degree of contagion) of the product as well as on the behaviour of the agent?s neighbours. This...
Persistent link: https://www.econbiz.de/10005731226
We study a repeated game with asymmetric information about a dynamic state of nature. In the course of the game, the better informed player can communicate some or all of his information with the other. Our model covers costly and/or bounded communication. We characterize the set of equilibrium...
Persistent link: https://www.econbiz.de/10005731241
This paper studies the properties of solutions to a log-linearized version of the neoclassical growth model with quasi-geometric discounting. We show that after the log-linearization, the model has indeterminacy and multiplicity of equilibria even though the original non-linear model has a...
Persistent link: https://www.econbiz.de/10005731329