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The paper analyses some general dynamic properties of industries characterized by heterogeneous firms and continuing stochastic entry. After a brief critical assessment of some significant drawbacks of recent contributions to modeling of stochastic industrial dynamics, we propose a novel...
Persistent link: https://www.econbiz.de/10005292646
This paper explains why people might cooperate playing an infinitely recurring prisoners' dilemma in which they change their partner in every period. After two people have played the prisoners' dilemma there is a possibility for networking. Then, two cooperators who played against each other...
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financial crisis of 2008-2009 significantly impacted the level of foreign debt of these countries. The aim of the study is an … analyse of Polish foreign debt in recent years as well as the influence of external factors associated with financial crisis …
Persistent link: https://www.econbiz.de/10012232255
of the situation on the labour market followed even in the face of the global economic crisis after 2007. These positive … boasted in the face of crisis. Finally, the institutional aspects of the German labour market are emphasized: long … functioning of the labour market in Germany that are relevant to the response to the crisis. Accordingly, the buffers are examined …
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