Showing 1 - 10 of 21
Abstract. This paper considers a fairly large class of noncooperative games in which strategies are jointly constrained. When what is called the Ky Fan or Nikaidô-Isoda function is convex-concave, selected Nash equilibria correspond to diagonal saddle points of that function. This feature is...
Persistent link: https://www.econbiz.de/10008925668
Main objects here are normal-form games, featuring uncertainty and noncooperative players who entertain local visions, form local approximations, and hesitate in making large, swift adjustments. For the purpose of reaching Nash equilibrium, or learning such play, we advocate and illustrate an...
Persistent link: https://www.econbiz.de/10009003092
Main objects here are normal-form games, featuring uncertainty and noncooperative players who entertain local visions, form local approximations, and hesitate in making large, swift adjustments. For the purpose of reaching Nash equilibrium, or learning such play, we advocate and illustrate an...
Persistent link: https://www.econbiz.de/10005800315
A class of non-cooperative constrained games is analysed for which the Ky Fan fuction is convex-concave. Nash equilibria of such games correspond to diagonal saddle points of the said function. This feature is exploited in designing computational algorithms for finding such equilibria.
Persistent link: https://www.econbiz.de/10005675265
A number of low- and middle-income countries have a severe shortage of health workers. This paper studies how health workers’ choices of labour supply and work effort impact on the quality of health services when health workers are in short supply. We analyse how policy measures such as...
Persistent link: https://www.econbiz.de/10008876364
We study the impact of anticipated face-to-face discussions among group members after they have made an anonymous contribution to a public good in an experimental setting. We find that the impact of anticipated discussions depends on how we frame the public good game. When framed in...
Persistent link: https://www.econbiz.de/10008876397
We consider the effects of international environmental agreements, using the Sofia Protocol on the reduction of nitrogen oxides. Our analysis utilizes panel data from 25 European countries for the period 1980–96. We divide these countries into “participants” and...
Persistent link: https://www.econbiz.de/10008914342
Without support, the levels of agricultural public goods will fall short of the demand in high cost countries like Norway, Finland and Iceland. However, as demonstrated in this paper using Norway as a case, the current support and agricultural activity is far out of proportions from a public...
Persistent link: https://www.econbiz.de/10008918553
We study the residential choice of siblings who are altruistic towards their parents. If some siblings moves further away, he or she can shift some of the burden of takin care for the parents to his or her siblings. Thus, siblings have a strategic incentive to move away that only children do not...
Persistent link: https://www.econbiz.de/10005783543
It is often asserted that agricultural land yields significant amenity benefits that could be used as a rationale for some of the substantial support to agriculture occuring in many industrialized countries. This paper introduces a method for incorporating information on the willingness to pay...
Persistent link: https://www.econbiz.de/10005207791