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A game-theoretic model of strategic interaction using advertising : simulating the evolution of the Cournot Nash equilibrium under different competitive scenarios
Brady, Malcolm - In: Games 12 (2021) 4, pp. 1-16
This paper examines the behaviour of two firms competing in a duopoly, where firms can influence demand through use of advertising. The paper simulates the strategic interaction of the two firms based on a game-theoretic Cournot analytical model. The evolution over time of the Nash equilibrium...
Persistent link: https://www.econbiz.de/10012698096
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TSO coordination and strategic behaviour : a game theoretical and simulation model study based on the German electricity grid
Flachsbarth, Franziska; Pechan, Anna; Palovic, Martin; … - 2024
The electricity grid includes multiple network areas managed by different operators, with transmission system operators (TSOs) handling high-voltage areas and distribution system operators managing midto low-voltage areas. These areas are interconnected and synchronized, creating classical...
Persistent link: https://www.econbiz.de/10014584657
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Simulating bargaining processes with agent-based modelling
Scheller, Simon - 2016 - 1. Auflage
Persistent link: https://www.econbiz.de/10011498867
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Oligopolies as dynamic games: a computational economics perspective
Haurie, Alain; Moresino, F.; Pourtallier, O. - In: Operations research proceedings 1998 : selected papers …, (pp. 41-52). 1999
Persistent link: https://www.econbiz.de/10001437509
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Tactical production planning in a hybrid MTS/MTO system using Stackelberg game
Yousefnejad, Helia; Esmaeili, Maryam - In: Operational research : an international journal 20 (2020) 3, pp. 1791-1809
Persistent link: https://www.econbiz.de/10012291250
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Games, Claims, and New Frames : Rethinking the Use of Simulation in Negotiation Education
Druckman, Daniel; Ebner, Noam - 2013
Negotiation educators have long considered the use of role-play simulations an essential classroom teaching method, and have had high expectations regarding their suitability and efficacy for teaching. In this article, we review the literature, examining the degree to which simulations deliver...
Persistent link: https://www.econbiz.de/10014039526
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Imitation : theory and experimental evidence
Apestgeguia, Jose; Huck, Steffen; Oechssler, Joerg - 2005
We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In our theoretical analysis we find that the different predictions of previous imitation models are due to different informational assumptions, not to different behavioral rules....
Persistent link: https://www.econbiz.de/10010366552
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Standard and Shuffled Halton Sequences in a Mixed Logit Model
Staus, Alexander - 2008
. Simulation methods have been developed to approximate a solution for these integrals. This paper describes the Standard Halton … sequence and a modification of it, the Shuffled Halton sequence. Both are simulation methods which can reduce computational … effort compared to a random sequence. We compare the simulation methods in their coverage of the multi-dimensional area and …
Persistent link: https://www.econbiz.de/10011375025
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A decision-making framework for project portfolio planning at Intel Corporation
Sampath, Siddhartha; Gel, Esma S.; Fowler, John W.; … - In: Interfaces : the INFORMS journal on the practice of … 45 (2015) 5, pp. 391-408
Persistent link: https://www.econbiz.de/10011392441