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The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the processes of public bodies decision - taking have long been discussing on the establishment of proper strategies to manage "environmental conflicts" - above all the so-called...
Persistent link: https://www.econbiz.de/10011258906
This thesis advances game theory by formally analysing the implications of replacing some of its most stringent assumptions with alternatives that –at least in certain contexts– have received greater empirical support. Specifically, this thesis makes two distinct contributions in the field...
Persistent link: https://www.econbiz.de/10005790121
This essay provides an approach to the analysis of the link between Thorstein Veblen's evolutionary approach and evolutionary game theory (EGT). We shed some light on the potential contribution of Veblen's theory of socioeconomic evolution to the discussion on the application of EGT to social...
Persistent link: https://www.econbiz.de/10008839503
The last financial and economic crisis demonstrated the dysfunctional long-term effects of aggressive behaviour in financial markets. Yet, evolutionary game theory predicts that under the condition of strategic dependence a certain degree of aggressive behaviour remains within a given population...
Persistent link: https://www.econbiz.de/10005836565
Indonesian traditional villagers have a tradition for the sake of their own social and economic security named “nyumbang”. There are wide variations of the traditions across the archipelago, and we revisit an observation to one in Subang, West Java, Indonesia. The paper discusses and employs...
Persistent link: https://www.econbiz.de/10011258068
In this paper, in order to study the strategic interactions between “cooperation”, “defection” and “altruistic punishment”, a mutation-selection dynamic, with the Prisoner's Dilemma as the background, has been established on an embedded Markov chain, proved the following conclusions:...
Persistent link: https://www.econbiz.de/10011259144
In this paper, in order to study the strategic interactions between “cooperation”, “defection” and “altruistic punishment”, a mutation-selection dynamics, with the Prisoner's Dilemma as the background, has been established on an embedded Markov chain, proved the following...
Persistent link: https://www.econbiz.de/10011260706
In this paper we intend to perform an empirical evaluation of the evolutionary game theory model of the labor market developed by Araujo and Souza (2010). In order to accomplish this task we focus on the Brazilian labor market by using data from the National Household Sampling Survey –...
Persistent link: https://www.econbiz.de/10009001177
In this paper it is shown that an extended evolutionary system proposed by Hofbauer and Sigmund (1998) may be transformed into a Kukles system. Then a Dulac-Cherkas function related to the Kukles system is derived, which allows us to determine the number of limit cycles or its non-existence.
Persistent link: https://www.econbiz.de/10009328150
We investigate the differences and connections between discrete-space and continuous-space social interaction models. Although our class of continuous-space model has a unique equilibrium, we find that discretized models can have multiple equilibria for any degree of discretization, which...
Persistent link: https://www.econbiz.de/10011118534