Similar Search Results

Perfection and stability of stationary points with applications to noncooperative games

Laan, Gerard van der; Talman, Dolf; Yang, Zaifu - 2002

well known refinements of the Nash equilibrium, namely, perfect Nash equilibrium and proper Nash equilibrium, are special … Nash equilibrium is shown to exist for every game. In symmetric bimatrix games, our results imply the existence of a … symmetric proper equilibrium. Applying our results to the field of evolutionary game theory yields a refinement of the …

Persistent link: https://www.econbiz.de/10011327822

A fixed point theorem for discontinuous functions

Herings, Peter Jean-Jacques; Laan, Gerard van der; … - 2004

Any function from a non-empty polytope into itself that is locally gross direction preserving is shown to have the fixed point property. Brouwer's fixed point theorem for continuous functions is a special case. We discuss the application of the result in the area of non-cooperative game theory.

Persistent link: https://www.econbiz.de/10011342557

Does accessibility to higher education matter? : choice behavior of high school graduates in the Netherlands

Sá, Carla; Florax, Raymond J. G. M.; Rietveld, Piet - 2004

This paper identifies pivotal factors behind individual decision-making in the transition from high school to post-secondary education in the Netherlands. We apply a multinomial logit framework to individual data on post-secondary education choices. Specifically, our modeling approach...

Persistent link: https://www.econbiz.de/10011335210