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This paper models the organization of the firm as a type of artificial neural network in a duopoly setting. The firm plays a repeated Prisoner’s Dilemma type game, but must also learn to map environmental signals to demand parameters and to its rival’s willingness to cooperate. We study the...
Persistent link: https://www.econbiz.de/10010929050
Global warming is an example of a global tragedy of the commons. The atmosphere is a global common property resource. The global nature of this resource makes global warming a particularly difficult problem to solve. The reason for this is that there is no world government that can introduce and...
Persistent link: https://www.econbiz.de/10010541562
This paper models the organization of the firm as a type of artificial neural network in a duopoly setting. The firm plays a repeated Prisoner’s Dilemma type game, and must also learn to map environmental signals to demand parameters and to its rival’s willingness to cooperate. We study the...
Persistent link: https://www.econbiz.de/10010812142
Global warming is an example of a global tragedy of the commons. The atmosphere is a global common property resource. The global nature of this resource makes global warming a particularly difficult problem to solve. The reason for this is that there is no world government that can introduce and...
Persistent link: https://www.econbiz.de/10008867929