In the last years, many contributions have been exploring population learning in economies where myopic agents play bilateral games and are allowed to repeatedly choose their pure strategies in the game and, possibly, their opponents in the game. These models explore bilateral stage-games...

We study a local version of the Minority Game, where agents are placed on the nodes of a directed graph. Agents care about being in the minority of the group of agents they are currently linked to and employ myopic best-reply rules to choose their next-period state. We show that, in this...

We exploit the aggregative structure of the public good modelto provide a simple analysis of the voluntary contribution game. Incontrast to the best response function approach, ours avoids the pro-liferation of dimensions as the number of players is increased, andcan readily analyse games...

This paper considers the extent to which expenditure by contestants inimperfectly discriminating rent-seeking contests dissipates all or only partof the rent. In particular, we investigate strategic effects, technologicaleffects and asymmetry under an assumption of diminishing returns to...

We investigate the Nash equilibria of asymmetric, winner-take-all, imperfectlydiscriminating contests, focussing on existence, uniqueness and rentdissipation. When the contest success function is determined by a productionfunction with decreasing returns for each contestant, equilibria...