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In this paper the existence and stability of equilibriums in an evolutionary game theory model of the labour market is studied by using the Lyapunov method. The model displays multiple equilibriums and it is shown that the Nash equilibriums of the static game are evolutionary stable equilibrium...
Persistent link: https://www.econbiz.de/10011858403
With this inquiry, we seek to develop a multi-sectoral version of the static Harrod foreign trade multiplier, by showing that it can be derived from an extended version of the Pasinettian model of structural change and international trade. This new version highlights the connections between the...
Persistent link: https://www.econbiz.de/10014363313
This article analyzed the evolution of the regulatory system in the telecommunications sector in Brazil, incorporating important events that have been taking place since privatization, but have not been fully evaluated. Following the framework developed by Levy and Spiller (1993, 1994, 1996),...
Persistent link: https://www.econbiz.de/10010330900