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Can econometric analysis make (agricultural) economics a hard science? Critical remarks and implications for economic methodology

Petrick, Martin - 2004

) claims to follow and expresses some serious doubt that econometrics in particular can make economics a hard science …

Persistent link: https://www.econbiz.de/10010322736

Econometric causality

Heckman, James Joseph - 2008

This paper presents the econometric approach to causal modeling. It is motivated by policy problems. New causal parameters are defined and identified to address specific policy problems. Economists embrace a scientific approach to causality and model the preferences and choices of agents to...

Persistent link: https://www.econbiz.de/10010274247

Multi-Market Competition and Coordination in Games

Ganslandt, Mattias - 1997

This thesis consists of one essay in industrial organization and two essays in non-cooperative game theory. …

Persistent link: https://www.econbiz.de/10010334644

Violence against civilians in civil wars: Looting or terror?

Azam, Jean-Paul; Hoeffler, Anke - 2001

A simple two-stage game-theoretic model of conflict is analysed, where the government can send raiders for terrorising the population to flee before the fighting proper begins. The resulting displacement of population reduces the efficiency of the guerrilla in the fight against the government....

Persistent link: https://www.econbiz.de/10010279330

A Positive Framework to Analyze Sovereign Bail-outs within the EMU

Fahrholz, Christian; Wójcik, Cezary - 2011

We propose a positive formal framework for analyzing sovereign bail-outs in the context of the European Monetary Union (EMU) with a view to making policy recommendations regarding improvements to the EMU institutional architecture. We build our analysis on a political economic game-theoretic...

Persistent link: https://www.econbiz.de/10010334489

Uniqueness in Infinitely Repeated Decision Problems

Vieille, Nicolas; Weibull, Jörgen W. - 2002

Dynamic decision-making without commitment is usually modelled as a game between the current and future selves of the decision maker. It has been observed that if the time-horizon is infinite, then such games may have multiple subgame-perfect equilibrium solutions. We provide a sufficient...

Persistent link: https://www.econbiz.de/10010334653

Evolution and Refinement with Endogenous Mistake Probabilities

van Damme, Eric; Weibull, Jörgen W. - 1999

Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive population dynamics in Kandori, Mailath and rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model mutation rates as...

Persistent link: https://www.econbiz.de/10010334682

Evolution with Mutations Driven by Control Costs

Weibull, Jörgen W.; van Damme, Eric - 1998

Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive dynamics in Kandori, Mailath and Rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model these mutation rates as endogenously...

Persistent link: https://www.econbiz.de/10010334690

What have we learned from Evolutionary Game Theory so far?

Weibull, Jörgen W. - 1997

framework of non-cooperative game theory. Evolutionary game theory studies the robustness of strategic behaviour with respect to … economic theory has lead to new predictions and opened up doors to other social sciences. The discussion will be focused on the … in evolutionary game theory so far? What are the next challenges for evolutionary game theory in economics? …

Persistent link: https://www.econbiz.de/10010334821

Local Payoff Security and the Existence of Nash Equilibrium in Discontinuous Games

Reny, Philip J. - 1995

Persistent link: https://www.econbiz.de/10010335145