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Planned introductions of genetically modified crop varieties can be troublesome to model. Estimation of demand and supply equations is not feasible due to lack of data. Further, specifying demand and supply equations requires calibration to a presumed equilibrium. Depending on the point chosen,...
Persistent link: https://www.econbiz.de/10009443989
This analysis presents the determination of an import demand function for the world rice market using annual data from 1994 to 2007. In the specification and analysis of a world rice market import demand function, Ordinary Least Square (OLS), Instrumental Variables (IV) with Generalized Method...
Persistent link: https://www.econbiz.de/10009445793
required to take into account the decisions of others, the process can be modeled as a game. Game theory has been previously be … the strategy of others. In this paper, the application of game theory in the context of MC&A upgrades is discussed …. By demonstrating the application of game theory to a nontraditional environment that may require MC&A upgrades, this work …
Persistent link: https://www.econbiz.de/10009435804
1991 was continued rapid growth for the Santa Fe Institute (SFI) as it broadened its interdisciplinary research into the organization, evolution and operation of complex systems and sought deeply the principles underlying their dynamic behavior. Research on complex systems--the focus of work at...
Persistent link: https://www.econbiz.de/10009435887
This paper presents a comprehensive analysis of the impact of solid waste technical options on values and objectives that are important to the public. It is written in support of the Solid Waste and Materials Systems Alternatives Study (WHC, 1995). Described are the values that were identified,...
Persistent link: https://www.econbiz.de/10009436048
Prosperity Games TM are an outgrowth and adaptation move/countermove and seminar War Games. Prosperity Games TM are simulations that explore complex issues in a variety of areas including economics, politics, sociology, environment, education, and research. These issues can be examined from a...
Persistent link: https://www.econbiz.de/10009436398
1991 was continued rapid growth for the Santa Fe Institute (SFI) as it broadened its interdisciplinary research into the organization, evolution and operation of complex systems and sought deeply the principles underlying their dynamic behavior. Research on complex systems--the focus of work at...
Persistent link: https://www.econbiz.de/10009436710
A simple model is used to analyze the performance of a system for verifying compliance with an arms control treaty. Blue and Red are partners in to a treaty. Blue prefers to comply, but is uncertain whether Red similarly prefers compliance (in the absence of threatened violation detection)....
Persistent link: https://www.econbiz.de/10009436809
problem as the well studied Cournot Duopoly would be a good starting point. In economics dynamics studies the oligopoly model … about repeated games in general and more specifically in duopoly/oligopoly models. Cox and Walker studied whether subjects … continuous time version of the Cournot Oligopoly with multiproduct firms. They analyzed the stability of the equilibrium and …
Persistent link: https://www.econbiz.de/10009436918
too high. We have used game theory to develop models of how non-cooperative but non-malicious players in a network … interact when there is a substantial cost associated with effective defensive measures. Although game theory has been applied …
Persistent link: https://www.econbiz.de/10009437335