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Organized Crime, Corruption and Punishment

Kugler, Maurice; Verdier, Thierry; Zenou, Yves - 2003

We analyze an oligopoly model in which differentiated criminal organizations globally compete on criminal activities …

Persistent link: https://www.econbiz.de/10010320108

Uniqueness in Infinitely Repeated Decision Problems

Vieille, Nicolas; Weibull, Jörgen W. - 2002

Dynamic decision-making without commitment is usually modelled as a game between the current and future selves of the decision maker. It has been observed that if the time-horizon is infinite, then such games may have multiple subgame-perfect equilibrium solutions. We provide a sufficient...

Persistent link: https://www.econbiz.de/10010334653

Evolution and Refinement with Endogenous Mistake Probabilities

van Damme, Eric; Weibull, Jörgen W. - 1999

Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive population dynamics in Kandori, Mailath and rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model mutation rates as...

Persistent link: https://www.econbiz.de/10010334682

Evolution with Mutations Driven by Control Costs

Weibull, Jörgen W.; van Damme, Eric - 1998

Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive dynamics in Kandori, Mailath and Rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model these mutation rates as endogenously...

Persistent link: https://www.econbiz.de/10010334690

What have we learned from Evolutionary Game Theory so far?

Weibull, Jörgen W. - 1997

framework of non-cooperative game theory. Evolutionary game theory studies the robustness of strategic behaviour with respect to … economic theory has lead to new predictions and opened up doors to other social sciences. The discussion will be focused on the … in evolutionary game theory so far? What are the next challenges for evolutionary game theory in economics? …

Persistent link: https://www.econbiz.de/10010334821

Local Payoff Security and the Existence of Nash Equilibrium in Discontinuous Games

Reny, Philip J. - 1995

Persistent link: https://www.econbiz.de/10010335145

Reciprocal Dumping with Bertrand Competition

Friberg, Richard; Ganslandt, Mattias - 2005

This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated …

Persistent link: https://www.econbiz.de/10010320114

Neutrally Stable Outcomes in Cheap Talk Games

Banerjee, Abhijit; Weibull, Jörgen W. - 1996

This paper examines equilibrium and stability in symmetric two-player cheap-talk games. In particular, we characterize the set of neutrally stable outcomes in finite cheap-talk 2 x 2 coordination games. This set is finite and functionally independent of risk-dominance relations. As the number of...

Persistent link: https://www.econbiz.de/10010334873

An Introduction to Evolutionary Game Theory

Weibull, Jörgen W. - 1992

Persistent link: https://www.econbiz.de/10010334998

The Equilibrium Ownership of an International Oligopoly

Horn, Henrik; Persson, Lars - 1999

attention in the theory literature on trade and investment. This paper highlights how the international pattern of ownership of …

Persistent link: https://www.econbiz.de/10010334645

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