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Evolutionary Selection with Discriminating Players

Banerjee, Abhijit; Weibull, Jörgen W. - 1993

Persistent link: https://www.econbiz.de/10010334668

Evolution and Refinement with Endogenous Mistake Probabilities

van Damme, Eric; Weibull, Jörgen W. - 1999

Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive population dynamics in Kandori, Mailath and rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model mutation rates as...

Persistent link: https://www.econbiz.de/10010334682

Evolution with Mutations Driven by Control Costs

Weibull, Jörgen W.; van Damme, Eric - 1998

Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive dynamics in Kandori, Mailath and Rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model these mutation rates as endogenously...

Persistent link: https://www.econbiz.de/10010334690

Internal Efficiency and External Conditions

Weibull, Jörgen W. - 1997

This paper develops a new analytical approach to the old question whether market conditions may influence the internal efficiency of firms. The basic textbook model of the firm is slightly extended to incorporate managers' incentives to reduce production costs in an imperfectly competitive...

Persistent link: https://www.econbiz.de/10010334797

What have we learned from Evolutionary Game Theory so far?

Weibull, Jörgen W. - 1997

framework of non-cooperative game theory. Evolutionary game theory studies the robustness of strategic behaviour with respect to … economic theory has lead to new predictions and opened up doors to other social sciences. The discussion will be focused on the … in evolutionary game theory so far? What are the next challenges for evolutionary game theory in economics? …

Persistent link: https://www.econbiz.de/10010334821

Explaining Parallel Mobile Telephone Networks: A Theoretical Model

Segendorff, Björn - 1995

Persistent link: https://www.econbiz.de/10010334882

Why Mergers Reduce Profits, and Raise Share Prices

Fridolfsson, Sven-Olof; Stennek, Johan - 1999

We demonstrate a 'preemptive merger mechanism' which may explain the empirical puzzle why mergers reduce profits, and raise share prices. A merger may confer strong negative externalilties on the firms outside the merger. If being an 'insider' is better than being an 'outsider', firms may merge...

Persistent link: https://www.econbiz.de/10010335000

Evolution, Rationality and Equilibrium in Games

Weibull, Jörgen W. - 1997

Evolutionary game theory studies the robustness of strategy profiles and sets of strategy profiles with respect to …

Persistent link: https://www.econbiz.de/10010335048

Local Payoff Security and the Existence of Nash Equilibrium in Discontinuous Games

Reny, Philip J. - 1995

Persistent link: https://www.econbiz.de/10010335145

Network topology and equilibrium existence in weighted network congestion games

Milchtaich, Igal - 2010

Every finite noncooperative game can be presented as a weighted network congestion game, and also as a network congestion game with player-specific costs. In the first presentation, different players may contribute differently to congestion, and in the second, they are differently (negatively)...

Persistent link: https://www.econbiz.de/10010335972