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The objective of the third edition of <i>Game Theory: A Nontechnical Introduction to the Analysis of Strategy</i> is to … introduce the ideas of game theory in a way that is approachable, intuitive, and interdisciplinary. Relying on the Karplus …</li> <li>Three-Person Games</li> <li>Probability and Game Theory</li> <li>Mixed Strategy Nash Equilibria</li> <li …
Persistent link: https://www.econbiz.de/10011156401
There are several theoretical frameworks one can draw upon to study the adoption process. Extension Theory, Bounded … Rationality, Diffusion Theory, the Theory of Reasoned Action and Consumer Behaviour Theory were of particular interest to us. In …
Persistent link: https://www.econbiz.de/10008802827
for the cross- sections of consumption, wealth and income. …
Persistent link: https://www.econbiz.de/10005450546
Mit Blick auf die Funktionslogik moderner Wirtschaftsgesellschaften zielt Karl Homanns Ansatz einer „oekonomischen Ethik“ auf die Rekonstruktion der Moral „in terms of economics“, um so moralische Forderungen direkt in die Funktionslogik der Oekonomie integrieren zu koennen. Moral, so...
Persistent link: https://www.econbiz.de/10008836349
We examine cooperative behavior when large sums of money are at stake, using data from the television game show <i>Golden Balls</i>. At the end of each episode, contestants play a variant on the classic prisoner's dilemma for large and widely ranging stakes averaging over $20,000. Cooperation is...
Persistent link: https://www.econbiz.de/10010990533
We consider the coupled dynamics of the adaption of network structure and the evolution of strategies played by individuals occupying the network vertices. We propose a computational model in which each agent plays a n-round Prisoner's Dilemma game with its immediate neighbors, after that, based...
Persistent link: https://www.econbiz.de/10010873458
Two pairs of two participants each interact repeatedly in two structurally independent but informationally linked Prisoner's Dilemma games. Neither pair receives feedback about past choices by their own partner but is fully informed about the choices by the other pair. Considering this as a...
Persistent link: https://www.econbiz.de/10010884463
We study a system in which N agents have to decide between two strategies θi(i ∈ 1 … N), for defection or cooperation, when interacting with other n agents (either spatial neighbors or randomly chosen ones). After each round, they update their strategy responding nonlinearly to two...
Persistent link: https://www.econbiz.de/10011010846
Persistent link: https://www.econbiz.de/10010928505
This paper models the organization of the firm as a type of artificial neural network in a duopoly setting. The firm plays a repeated Prisoner’s Dilemma type game, but must also learn to map environmental signals to demand parameters and to its rival’s willingness to cooperate. We study the...
Persistent link: https://www.econbiz.de/10010929050