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How Diverse can Spatial Measures of Cultural Diversity be? Results from Monte Carlo Simulations on an Agent-Based Model
Arribas-Bel, Daniel; Nijkamp, Peter; Poot, Jacques - Tinbergen Instituut - 2014
distribution of culturally-defined groups 'such as segregation, isolation or concentration indexes' are often only capable of … detailed geographical context of the city of Amsterdam. Schelling's classical segregation model is used as the theoretical … interpreted as revealing unobserved preferences for co-location of individuals with their own group and find that the segregation …
Persistent link: https://www.econbiz.de/10011256812
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Social Networks and Labor Market Inequality between Ethnicities and Races
Toomet, Ott; Leij, Marco van der; Rolfe, Meredith - Tinbergen Instituut - 2012
unexplained racial/ethnic wage differentials on the one hand and social network segregation, as measured by inbreeding homophily … between the size of the differential and network segregation: regions with more segregated social networks exhibit larger …
Persistent link: https://www.econbiz.de/10011255663
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In and Out of Equilibrium: Evolution of Strategies in Repeated Games with Discounting
Veelen, Matthijs van; Garcia, Julian - Tinbergen Institute - 2010
not too rare to be found by a reasonable mutation process, and that typical simulation paths take the population from …
Persistent link: https://www.econbiz.de/10008838642
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In and Out of Equilibrium: Evolution of Strategies in Repeated Games with Discounting
Veelen, Matthijs van; Garcia, Julian - Tinbergen Instituut - 2010
not too rare to be found by a reasonable mutation process, and that typical simulation paths take the population from …
Persistent link: https://www.econbiz.de/10011256823
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Stochastic Orders of Proposing Players in Bargaining
Houba, Harold - Tinbergen Instituut - 2005
The bargaining model with stochastic order of proposing players is properly embedded in continuous time and it is strategically equivalent to the alternating offers model. For all parameter values, the pair of equilibrium proposals corresponds to the Nash bargaining solution of a modified...
Persistent link: https://www.econbiz.de/10011255513
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Costless Delay in Negotiations
Herings, P. Jean-Jacques; Houba, Harold - Tinbergen Instituut - 2015
We study strategic negotiation models featuring costless delay, general recognition procedures, endogenous voting orders, and finite sets of alternatives. Two examples show: 1. non-existence of stationary subgame-perfect equilibrium (SSPE). 2. the recursive equations and optimality conditions...
Persistent link: https://www.econbiz.de/10011255692
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The Condorcet Paradox Revisited
Herings, P. Jean-Jacques; Houba, Harold - Tinbergen Instituut - 2010
We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model with recognition probabilities and costless delay. Mixed consistent subgame perfect equilibria exist whenever the geometric mean of the agents' risk coefficients, ratios of...
Persistent link: https://www.econbiz.de/10011255823
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Markov-Perfect Nash Equilibria in Models with a Single Capital Stock
Dockner, Engelbert J.; Wagener, Florian O.O. - Tinbergen Instituut - 2006
Many economic problems can be formulated as dynamic games in which strategically interacting agents choose actions that determine the current and future levels of a single capital stock. We study necessary conditions that allow us to characterize Markov perfect Nash equilibria (MPNE) for these...
Persistent link: https://www.econbiz.de/10011255863
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Legal Principles in Antitrust Enforcement
Houba, Harold; Motchenkova, Evgenia; Wen, Quan - Tinbergen Instituut - 2013
We study antitrust enforcement that channels price-fixing incentives through setting fines and allocating resources to detection activities. Antitrust fines obey four legal principles: punishments should fit the crime, proportionality, bankruptcy considerations, and minimum fines. Bankruptcy...
Persistent link: https://www.econbiz.de/10011255939
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Learning in a Local Interaction Hawk-Dove Game
Kamphorst, Jurjen; Laan, Gerard van der - Tinbergen Instituut - 2006
We study how players in a local interaction hawk dove game will learn, if they can either imitate the most succesful player in the neighborhood or play a best reply versus the opponent's previous action. From simulations it appears that each learning strategy will be used, because each performs...
Persistent link: https://www.econbiz.de/10011255959