Showing 1 - 10 of 643,034
Persistent link: https://www.econbiz.de/10000942376
Persistent link: https://www.econbiz.de/10001655237
We introduce a stochastic game in which transition probabilities depend on the history of the play, i.e., the players' past action choices. To solve this new type of game under the limiting average reward criterion, we determine the set of jointly-convergent pure-strategy rewards which can be...
Persistent link: https://www.econbiz.de/10008809595
Agents interacting on a body of water choose between technologies to catch fish. One is harmless to the resource, as it allows full recovery; the other yields high immediate catches, but low(er) future catches. Strategic interaction in one "objective" resource game may induce "subjective" games...
Persistent link: https://www.econbiz.de/10009152977
We introduce a stochastic game in which transition probabilities depend on the history of the play, i.e., the players' past action choices. To solve this new type of game under the limiting average reward criterion, we determine the set of jointly-convergent pure-strategy rewards which can be...
Persistent link: https://www.econbiz.de/10010281858
Agents interacting on a body of water choose between technologies to catch fish. One is harmless to the resource, as it allows full recovery; the other yields high immediate catches, but low(er) future catches. Strategic interaction in one objective resource game may induce subjective games in...
Persistent link: https://www.econbiz.de/10010286741
Persistent link: https://www.econbiz.de/10001713739
that, making the bank inflation averse and/or attentive towards the countries' economic developments is undesirable in this …
Persistent link: https://www.econbiz.de/10001554692
Persistent link: https://www.econbiz.de/10013432327
Persistent link: https://www.econbiz.de/10001781579