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The Computation of Perfect and Proper Equilibrium for Finite Games via Simulated Annealing

McDonald, Stuart; Wagner, Liam - School of Economics, University of Queensland - 2010

This paper exploits an analogy between the “trembles” that underlie the functioning of simulated annealing and the player “trembles” that underlie the Nash refinements known as perfect and proper equilibrium. This paper shows that this relationship can be used to provide a method for...

Persistent link: https://www.econbiz.de/10011069173

Knowledge about a Species' Conservation Status and Funding for its Preservation: Analysis

Tisdell, Clement A. - School of Economics, University of Queensland - 2005

Using a species’ population to measure its conservation status, this note explores how an increase in knowledge about this status would change the public’s willingness to donate funds for its conservation. This is done on the basis that the relationship between the level of donations and a...

Persistent link: https://www.econbiz.de/10008491762

Knowledge about a Species' Conservation Status and Funding for its Preservation: Analysis

Tisdell, Clement A. - School of Economics, University of Queensland - 2005

Persistent link: https://www.econbiz.de/10008491768

Can Game Theory be Saved

Menezes, Flavio; Quiggin, John - School of Economics, University of Queensland - 2007

Game-theoretic analysis is a well-established part of the toolkit of economic analysis. In crucial respects, however, game theory has failed to deliver on its original promise of generating sharp predictions of behavior in situations where neoclassical microeconomics has little to say....

Persistent link: https://www.econbiz.de/10010910958

Games without Rules

Menezes, Flavio; Quiggin, John - School of Economics, University of Queensland - 2004

We introduce the notion of an outcome space, in which strategic interactions are embedded. This allows us to investigate the idea that one strategic interaction might be an expanded version of another interaction. We then characterize the Nash equilibria arising in such extensions and...

Persistent link: https://www.econbiz.de/10010910967

Globalisation, Institutions and Empowerment of Women in Africa: Kenya's Experience

Kiriti, Tabitha; Tisdell, Clement A.; Roy, Kartik C. - School of Economics, University of Queensland - 2001

In male dominated societies like Kenya, men's superior status leading to power over women and control of valued resources, is supported by laws and policies that spell out and legitimise men's privileged and dominant status and is justified by religious, traditional, moral, and/or...

Persistent link: https://www.econbiz.de/10008853647

Globalisation, Development and Poverty in the Pacific Islands: The Situation of the Least Developed Pacific Island Nations

Tisdell, Clement A. - School of Economics, University of Queensland - 2001

Under pressure from external forces, involvement of Pacific Island nations in processes of globalisation and associated …

Persistent link: https://www.econbiz.de/10008853648

Coevolution: Agricultural Practices and Sustainability: Some Major Social and Ecological Issues

Tisdell, Clement A. - School of Economics, University of Queensland - 1999

adjustment policies (involving the extension of markets and economic globalisation) to take account of coevolutionary principles …

Persistent link: https://www.econbiz.de/10005801838

Trust and its Implications for Economic Activity, Welfare and Globalisation

Tisdell, Clement A. - School of Economics, University of Queensland - 2008

welfare as well as potential gains from growing globalisation. Several adverse economic consequences of lack of business trust … are explored along with their consequences for the process of globalisation. Business co-operation and alliances can be … extent of and benefits from economic globalisation. Measures that can or have been adopted to reduce these problems are …

Persistent link: https://www.econbiz.de/10008530405

Economic Challenges Faced by Small Island Economies: An Overview

Tisdell, Clement A. - School of Economics, University of Queensland - 2009

As pointed out in this article, small island economies are diverse in their nature and in the challenges they face. A taxonomy of these economies is provided. The overview takes account of small island economies that are satellites of large countries as well as those which are independent nation...

Persistent link: https://www.econbiz.de/10008530411