Showing 1 - 10 of 20
This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...
Persistent link: https://www.econbiz.de/10009452561
This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...
Persistent link: https://www.econbiz.de/10010270197
This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...
Persistent link: https://www.econbiz.de/10010272600
In this paper we have analyzed existence, uniqueness and stability of a steady-state equilibrium in an overlapping …
Persistent link: https://www.econbiz.de/10004985078
This paper presents sufficient conditions for the existence of a unique and globally stable steady state equilibrium …
Persistent link: https://www.econbiz.de/10005753417
This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...
Persistent link: https://www.econbiz.de/10008509509
In this paper we deal with an Overlapping Generations Model with production under three diverse assumptions about agents rationality; rational, adaptive and myopic expectations. We determine a uniqueness condition for stationary steady states in the model with perfect foresight which rests on...
Persistent link: https://www.econbiz.de/10008678783
Persistent link: https://www.econbiz.de/10012311014
The book aims at describing the recent developments in the existence and stability of Nash equilibrium. The two topics … are central to game theory and economics and have been extensively researched. Recent results on existence and stability …>Introduction</li> <li>Continuous Normal-Form Games</li> <li>Generalized Better-Reply Secure Games</li> <li>Stronger Existence Results …
Persistent link: https://www.econbiz.de/10011122724
the decline of pM on the “existence” of solution to the game, its “stability”, and finally on the utility levels of two … countries in the “stability” case. By simulation we show that as pM falls, the number of “non-existence” cases increases, the … percentage of “instability” cases among “existence” cases rises, and finally as pM falls, the percentage of “rising utility …
Persistent link: https://www.econbiz.de/10011050903