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But Some Neutrally Stable Strategies are More Neutrally Stable than Others
Veelen, Matthijs van - Tinbergen Instituut - 2010
For games in which there is no evolutionarily stable strategy, it can be useful to look for neutrally stable ones. In extensive form games for instance there is typically no evolutionary stable strategy, while there may very well be a neutrally stable one. Such strategies can however still be...
Persistent link: https://www.econbiz.de/10011256467
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Исследование равновесий налоговой конкуренции в условиях монополистической конкуренции налогоплательщиков...
Kolesnik, Georgiy; Leonova, Natalia - Volkswirtschaftliche Fakultät, … - 2011
The effect of taxpyers' competition at jurisdictions' local markets on the properties of the tax competition equilibrium is studied. The general equilibrium model is considered with mobile firms acting under monopolistic competition on local markets. It is shown that equilibrium tax rate tends...
Persistent link: https://www.econbiz.de/10011259733
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Subgame Perfect Cooperation in an Extensive Game
Chander, Parkash; Wooders, Myrna - Vanderbilt University Department of Economics - 2010
This paper brings together two of the most important solution concepts of game theory �subgame-perfect Nash …
Persistent link: https://www.econbiz.de/10008692914
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But Some Neutrally Stable Strategies are More Neutrally Stable than Others
Veelen, Matthijs van - Tinbergen Institute - 2010
For games in which there is no evolutionarily stable strategy, it can be useful to look for neutrally stable ones. In extensive form games for instance there is typically no evolutionary stable strategy, while there may very well be a neutrally stable one. Such strategies can however still be...
Persistent link: https://www.econbiz.de/10008838650
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ANALYZING NEGOTIATION APPROACHES IN NATURAL RESOURCE MANAGEMENT - A CASE STUDY OF CROP-LIVESTOCK CONFLICTS IN SRI LANKA
Birner, Regina - International Association of Agricultural Economists - IAAE - 2003
Participatory approaches in natural resource management are increasingly being criticized for their tendency to neglect power relations and conflicts of interests. Negotiation approaches have been proposed as a strategy to overcome such shortcomings. Using the case of negotiations on...
Persistent link: https://www.econbiz.de/10005460396
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War and Peace: The European Decolonization Process
Garoupa, Nuno R.; Gata, João E. - ISEG - School of Economics and Management, Department … - 2001
Current historiography on the European decolonization processes has developed no general theory of these processes, but … theory approach to decolonization that can encompass the majority of historical cases. Our rational theory is constructed by … each carries in the decolonization decision-making process. Our theory predicts that a high value colony will be more …
Persistent link: https://www.econbiz.de/10005463732
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On the existence of self-enforcing equilibria
Quesada, Antonio - In: Economics Bulletin 3 (2001) 5, pp. 1-5
It is argued that if an out-of-equilibrium player observing a deviation from a presumed strategically stable path of play believes that a player also observing the deviation is more likely to deviate than a player who does not observe the deviation then it is possible to justify, in some...
Persistent link: https://www.econbiz.de/10005094658
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Morocco; 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Morocco
International Monetary Fund (IMF); International … - 2005
This 2005 Article IV Consultation highlights that economic growth in Morocco has been volatile and insufficient to significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the dependency of agriculture on rainfalls. In 2004,...
Persistent link: https://www.econbiz.de/10005824903
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Global Imbalances; The Role of Non-Tradabletotal Factor Productivity in Advanced Economies
Rebucci, Alessandro; Batini, Nicoletta; Cova, Pietro; … - International Monetary Fund (IMF) - 2009
This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of the United States, the euro area, and Japan in the emergence and evolution of today's global trade imbalances. Simulation results based on a dynamic general equilibrium model of...
Persistent link: https://www.econbiz.de/10005825739
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Trade in the WAEMU; Developments and Reform Opportunities
Weisfeld, Hans; Goretti, Manuela - International Monetary Fund (IMF) - 2008
This paper provides an overview of trade reform in the West African Economic and Monetary Union (WAEMU) since 1996 and a quantitative assessment of potential effects on trade patterns and tariff revenue of the current reform agenda. Despite evidence of significant trade complementarities within...
Persistent link: https://www.econbiz.de/10005825805