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I study a two-period model of conflict with two combatants and a third party who is an ally of one of the combatants. The third party is fully informed about the type of her ally but not about the type of her ally's enemy. There is a signaling game between the third party and her ally's enemy...
Persistent link: https://www.econbiz.de/10010270600
Consider a population of farmers who live around a lake. Each farmer engages in trade with his two adjacent neighbors. The trade is governed by a prisoner's dilemma 'rule of engagement'. A farmer's payoff is the sum of the payoffs from the two prisoner's dilemma games played with his two...
Persistent link: https://www.econbiz.de/10010271620
In a haystack-type representation of a heterogeneous population that is evolving according to a payoff structure of a prisoner's dilemma game, migration is modeled as a process of swapping" individuals between heterogeneous groups of constant size after a random allocation fills the haystacks,...
Persistent link: https://www.econbiz.de/10010271792
Although both betweenness and closeness centrality are claimed to be important for the effectiveness of someone's network position, it has not been explicitly studied which networks emerge if actors follow incentives for these two positional advantages. We propose such a model and observe that...
Persistent link: https://www.econbiz.de/10010272602
Markov perfection has become the usual solution concept to determine the non-cooperative equilibrium in a dynamic game. However, Markov perfection is a stronger solution concept than subgame perfection: Markov perfection rules out any cooperation in a repeated prisoners' dilemma game because the...
Persistent link: https://www.econbiz.de/10010275348
in the light of economic and legal theory. Economic instruments build on repetition and use utility transfers, economic …
Persistent link: https://www.econbiz.de/10010276792
Das Phänomen der Macht ist seit jeher ein Faszinosum. Es scheint im menschlichen Dasein allgegenwärtig zu sein, und es überrascht deshalb nicht, dass die Auseinandersetzung mit dem Thema wohl so alt wie die Menschheit selbst ist. Allerdings erweist sich das Machtphänomen aus theoretischer...
Persistent link: https://www.econbiz.de/10011733706
Dieser Artikel entwickelt seine Argumentation in drei Schritten. Im ersten Schritt wird Hannah Arendts These von der Banalität des Bösen und ihre hiermit korrespondierende These von der Radikalität des Guten rekonstruiert. Der zweite Schritt erläutert die wirtschaftsethische These von der...
Persistent link: https://www.econbiz.de/10011733788
We investigate the incentives of manufacturers to use resale price maintenance (RPM) when selling products through common retailers. In our model retailers provide product specific pre-sales services. If the competitive retail margins are low, each manufacturer fixes a minimum price to induce...
Persistent link: https://www.econbiz.de/10010308751
Linking of repeated games and exchange of concessions in fields of relative strength may lead to more cooperation and to Pareto improvements relative to the situation where each game is played separately. In this paper we formalize these statements, provide some general results concerning the...
Persistent link: https://www.econbiz.de/10010312472