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Möglichkeiten und Grenzen staatlicher Standardsetzung
Thum, Marcel - In: Homo oeconomicus 11 (1994) 3, pp. 465-499
Persistent link: https://www.econbiz.de/10001176752
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Chapter 21 ACE Models of Endogenous Interactions
Vriend, Nicolaas J. - In: Handbook of computational economics : volume 2, …, (pp. 1047-1079). 2006
Various approaches used in Agent-based Computational Economics (ACE) to model endogenously determined interactions between agents are discussed. This concerns models in which agents not only (learn how to) play some (market or other) game, but also (learn to) decide with whom to do that (or not).
Persistent link: https://www.econbiz.de/10014024384
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Coordination and policy traps
Angeletos, Marios (contributor);  … - 2005
This paper examines the ability of a policy maker to control equilibrium outcomes in a global coordination game; applications include currency attacks, bank runs, and debt crises. A unique equilibrium is known to survive when the policy is exogenously fixed. We show that, by conveying...
Persistent link: https://www.econbiz.de/10003779286
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Dynamic global games of regime change : learning, multiplicity, and timing of attacks
Angeletos, Marios; Hellwig, Christian; Pavan, Alessandro - 2006
Global games of regime change – coordination games of incomplete information in which a status quo is abandoned once a sufficiently large fraction of agents attacks it – have been used to study crises phenomena such as currency attacks, bank runs, debt crises, and political change. We extend...
Persistent link: https://www.econbiz.de/10008665284
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Meaningful talk
Streb, Jorge M.; Torrens, Gustavo - 2011
In economics, the standard approach to language is that talk is cheap. Here, instead, language is a social convention that affects utility. Unless language is used in its ordinary sense, it cannot help to coordinate actions because there is no way of decoding it. This points to a unique...
Persistent link: https://www.econbiz.de/10008903436
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A game theoretical approach to road safety
Pedersen, Pål Andreas (contributor) - 2001 - [Elektronische Ressource]
A theoretical model is adopted in order to explain incentives and actual safety behaviour for drivers, pedestrians and other road users which do not utilise motorised vehicles. A road user's outcome is supposed to be dependent on her individual actions and cares decided upon by other individuals...
Persistent link: https://www.econbiz.de/10001646561
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Can society function without ethical agents? : an informational perspective
Strulovici, Bruno - 2020
Many facts are learned through the intermediation of individuals with special access to information, such as law enforcement officers, officials with a security clearance, or experts with specific knowledge. This paper considers whether societies can learn about such facts when information is...
Persistent link: https://www.econbiz.de/10012169405
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Network externalities and process R&D : a Cournot-Bertrand comparison
Naskar, Mili; Pal, Rupayan - In: Mathematical social sciences 103 (2020), pp. 51-58
Persistent link: https://www.econbiz.de/10012253674
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A Sequential Approach to the Characteristic Function and the Core in Games with Externalities
Currarini, Sergio; Marini, Marco A. - 2012
This paper proposes a formulation of coalitional payoff possibilities in games with externalities, based on the …
Persistent link: https://www.econbiz.de/10014128533
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Controlling externalities in the presence of rent seeking
Mackenzie, Ian A. - 2009
investigate the incentives to expend effort for a prize that produces consumption externalities and consider alternative … regulatory policies. We find relatively more global consumption externalities will increase (decrease) rent seeking when … consumption externalities are negative (positive). We show how introducing Pigouvian taxation (possibly with revenue transfer) and …
Persistent link: https://www.econbiz.de/10008735783