In two-person generosity games the proposer's agreement payoffis exogenously given whereas that of the responder is endogenouslydetermined by the proposer's choice of the pie size. Earlier resultsfor two-person generosity games show that participants seem to caremore for eciency than for equity....

Agents interacting on a body of water choose between technologiesto catch …sh. One is harmless to the resource, as it allows full recovery;the other yields high immediate catches, but low(er) future catches.Strategic interaction in one ‘objective’resource game may induceseveral ‘subjective’...

We introduce a stochastic game in which transition probabilitiesdepend on the history of the play, i.e., the players’past action choices.To solve this new type of game under the limiting average reward crite-rion, we determine the set of jointly-convergent pure-strategy rewardswhich can be...

Local industrial clusters have attracted much attention in the recenteconomic and geographical literature. A huge number of case studies have beenconducted. This paper presents a meta-analysis of the case studies of 159 localindustrial clusters in various countries and industries. Based on an...

This lecture is a brief overview of an evolutionary theory of fairness. The ideasare fleshed out in a book Natural Justice, which is itself a condensed versionof an earlier two-volume book Game Theory and the Social Contract (Binmore[14, 12, 13])...

A stochastic model of the evolution of the firm population in a regionand industry is developed. This model is used to make predictions about theexpected probability distribution of the firm number in regions and their dynamics.Data on the spatial distribution of firms in Germany is used to...

This paper studies the frequency of observing a certain number offirms or employees in a region for a given industry. Various predictions for thesefrequencies are deduced from theoretical considerations. Then, the empirical distri-butions of 198 industries in Germany are analysed. It is found...

A growing body of work emphasizes the role that the spatial component plays in the in the innovationprocess. These perspectives brought the region’s infrastructure and its endowment withcrucial factors into the focus of research. Given that these factors do significantly influence...

The concept of “relatedness” between industries plays an increasingly central role in economics andstrategic management. However, relatedness has remained rather elusive in empirical terms. In thisarticle, we investigate relatedness between industries in terms of the extent to which the same...