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The standard evolutionary explanation for depression is that being emotionally depressed is adaptive. We argue that … being depressed is not adaptive (indeed, quite the opposite), but that the threat of depression for bad outcomes and the … difference between our setup and the standard principal-agent model is that both punishment (depression) and reward (elation …
Persistent link: https://www.econbiz.de/10010369491
interactions. The second model captures the evolution of a society of motivated agents. It is demonstrated that misperception, when … it is a result of motivation, causes agents with different motives to play a given game differently. When motivated …
Persistent link: https://www.econbiz.de/10011384060
This paper advances on the importance of the adaptation of the firm to the International Business Environment (IBE …). The IBE is a distinguishing factor in international business studies and the firm?s adaptation to the environment has been … presented as a basic survival strategy. We argue that adaptation is indeed a dynamic and largely internally driven process that …
Persistent link: https://www.econbiz.de/10008752565
underdogs to survive. When read in combination with his discussion of Darwinism, Sen's discussion of adaptation is relevant to … social evolution. …
Persistent link: https://www.econbiz.de/10010266706
adaptation. …
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adaptation. …
Persistent link: https://www.econbiz.de/10005748240
Persistent link: https://www.econbiz.de/10011660866
This paper studies aggregate dynamics in a cobweb model where learning takes place through a selection mechanism, by which more successful firms are replicated at a higher rate. The structure of the model allows to characterize analytically the aggregate dynamics, and to compute the effect on...
Persistent link: https://www.econbiz.de/10010440555
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