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We show that a cooperative outcome—one that is at least next-best for the players—is not a Nash equilibrium (NE) in 19 of the 57 2 x 2 strict ordinal conflict games (33%), including Prisoners' Dilemma and Chicken. Auspiciously, in 16 of these games (84%), cooperative outcomes are nonmyopic...
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We show that a cooperative outcome — one that is at least next-best for the players — is not a Nash equilibrium (NE) in 19 of the 57 2 x 2 strict ordinal conflict games (33%), including Prisoners’ Dilemma and Chicken. Auspiciously, in 16 of these games (84%), cooperative outcomes are...
Persistent link: https://www.econbiz.de/10014108979
In this paper we consider a model with two industrialised countries and immigrants that come from "the rest of the world". The countries are distinguished on the basis of three parameters: population size, bias towards immigrants, and production complementarity between native population and...
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We examine patterns of acquiring non-native languages in a model with two languages and two populations with heterogeneous learning skills, where every individual faces a binary choice of learning the foreign language or refraining from doing so. We show that both interior and corner linguistic...
Persistent link: https://www.econbiz.de/10010270947
In this note we consider a society that partitions itself into disjoint jurisdictions, each choosing a location of its public project and a taxation scheme to finance it. The set of public project is multi-dimensional, and their costs could vary from jurisdiction to jurisdiction. We impose two...
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