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A game-theoretic model of repeated interaction between two potential adversaries is analyzed to illustrate how conflict … players. During each period, each adversary must decide to either stage an attack or not. Conflict ensues if either player … period of tranquility. When this happens, it is as if conflict has suddenly arisen without any apparent cause or impetus …
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question is how the significance of the conflict affects social investments, market shares, production quantities, profits, and … social welfare. Methods / Approach: Conflict technology is described by contest success functions determining market shares … existence and its characteristics are described. Conflict adversely affects the profit of the inefficient firm while it …
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Die folgende Dissertation hat zwei Teile. Das Thema des ersten Teils ist die Rolle von Freiheit in normativer und positiver Ökonomik. Dieser Teil beschäftigt sich mit Fragen, wie: "Wie kann man Freiheit in ökonomischen Modellen messen?", "Wie kann man Institutionen schaffen, die Individuen...
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Human players in our laboratory experiment received flow payoffs over 120 seconds each period from a standard Hawk-Dove bimatrix game played in continuous time. Play converged closely to the symmetric mixed Nash equilibrium under a one-population matching protocol. When the same players were...
Persistent link: https://www.econbiz.de/10010270477
Human players in our laboratory experiment converge closely to the symmetric mixed Nash equilibrium when matched in a single population version of the standard Hawk-Dove game. When matched across two populations, the same players show clear movement towards an asymmetric (and very inequitable)...
Persistent link: https://www.econbiz.de/10010288136
model situations of conflict. The matrix, infinite, logical and topological forms of such games are considered …
Persistent link: https://www.econbiz.de/10011098740