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Scenario sampling for large supermodular games
Graham, Bryan S.; Pelican, Andrin - 2023
This paper introduces a simulation algorithm for evaluating the log-likelihood function of a large supermodular binary …-market entry games. More generally, the algorithm facilitates simulated maximum likelihood (SML) estimation of games with large … numbers of players, T, and/or many binary actions per player, M (e.g., games with tens of thousands of strategic actions, TM …
Persistent link: https://www.econbiz.de/10014480510
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Evaluation of a long-term transformational leadership development program
Abrell, Carolin; Rowold, Jens; Weibler, Jürgen; … - In: Zeitschrift für Personalforschung (ZfP) 25 (2011) 3, pp. 205-224
This study represents a multi-method, multi-source, and longitudinal evaluation of a leadership development program in Germany. For the development of transformational leadership, the methods of leadership feedback, training, and coaching were combined into a program. The effects of this program...
Persistent link: https://www.econbiz.de/10010292550
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Gens una sumus?! Or does political ideology affect experts' aesthetic judgment of chess games
Frank, Björn; Krabel, Stefan - 2012
games. The roots of this bias are probably ideological, as there were no formal benefits for biased voting. Furthermore …
Persistent link: https://www.econbiz.de/10010294370
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Who will be idol? The importance of social networks for winning on reality shows
Heizler, Odelia; Kimhi, Ayal - 2010
This paper examines, both theoretically and empirically, the effect of social networks and belonging to minority groups (or race) on the probability of winning in reality television shows. We develop a theoretical model that studies viewer behavior by presenting a framework of competition...
Persistent link: https://www.econbiz.de/10010272669
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Chess players' performance beyond 64 squares: A case study on the limitations of cognitive abilities transfer
Bühren, Christoph; Frank, Björn - 2010
In a beauty contest experiment with over 6,000 chess players, ranked from amateur to world class, we found that Grandmasters act very similar to other humans. This even holds true when they play exclusively against players of approximately their own strength. In line with psychological research...
Persistent link: https://www.econbiz.de/10010286415
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Least Unmatched Price Auctions: A First Approach
Eichberger, Jürgen; Vinogradov, Dmitri - 2008
Least-Unmatched Price Auctions have become a popular format of TV and radio shows. Increasingly, they are also applied in internet trading. In these auctions the lowest single (unique) bid wins. We analyze the game-theoretic solution of least unmatched price auctions when prize, bidding cost and...
Persistent link: https://www.econbiz.de/10011422186
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Perfection and Stability of Stationary Points with Applications to Noncooperative Games
van der Laan, Gerard; Talman, Dolf; Yang, Zaifu - 2002
Nash equilibrium is shown to exist for every game. In symmetric bimatrix games, our results imply the existence of a …
Persistent link: https://www.econbiz.de/10010324999
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Evolution, Rationality and Equilibrium in Games
Weibull, Jörgen W. - 1997
evolutionary forces in games played repeatedly in large populations of boundedly rational agents. The approach is macro oriented in …
Persistent link: https://www.econbiz.de/10010335048
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A classroom game to teach the principles of money and banking
Hoffer, Adam - In: Cogent Economics & Finance 3 (2015) 1, pp. 1-13
This paper describes how to implement and run a game for teaching the principles of money and banking to an undergraduate economics class. The game primarily deals with the market for loanable funds, but numerous extensions are provided to cover topics such as monetary policy, the tools of the...
Persistent link: https://www.econbiz.de/10011559177
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International environmental agreements: Incentives and political economy
Carraro, Carlo; Siniscalco, Domenico - 1997
International environmental agreements are increasingly important in a globalised economy. Beyond their specific interest, these agreements are also important in the context of coalition formation theory. Given the incentives to free ride, associated to the environment as a public good and to...
Persistent link: https://www.econbiz.de/10011608368