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Imitation and the evolution of Walrasian behavior: theoretically fragile but behaviorally robust
Apesteguia, José; Huck, Steffen; Oechssler, Jörg; … - 2008
A well-known result by Vega-Redondo (1997) implies that in symmetric Cournot oligopoly, imitation leads to the Walrasian outcome where price equals marginal cost. In this paper, we show that this result is not robust to the slightest asymmetry in fixed costs. Instead of obtaining the Walrasian...
Persistent link: https://www.econbiz.de/10010270592
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The Effects of Common Advice on One-shot Traveler’s Dilemma Games: Explaining Behavior through an Introspective Model with Errors.
Capra, C. Monica; Cabrera, Susana; Gómez, Rosario - Centro de Estudios Andaluces, Government of Andalusia - 2003
can find a prediction for single interaction games. Simulations show that the model’s predictions are consistent with …
Persistent link: https://www.econbiz.de/10005063175
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Is Segregation Robust?
Bøg, Martin - Volkswirtschaftliche Fakultät, … - 2007
. Analytical result are complemented with numerical simulations which show that within a reasonable time frame full segregation …
Persistent link: https://www.econbiz.de/10005260288
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COOPERATION AND COMPETITION: LEARNING OF STRATEGIES AND EVOLUTION OF PREFERENCES IN PRISONERS' DILEMMA AND HAWK-DOVE GAMES
POSSAJENNIKOV, ALEX - In: International Game Theory Review (IGTR) 07 (2005) 04, pp. 443-459
By means of simulations I investigate a two-speed dynamic on strategies and preferences in prisoners' dilemmas and in …
Persistent link: https://www.econbiz.de/10004977748
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Introducing Disappointment Dynamics and Comparing Behaviors in Evolutionary Games: Some Simulation Results
Patokos, Tassos - In: Games 5 (2014) 1, pp. 1-25
mechanism, each one of which describes a distinct type: spontaneous agents, rigid players, and ‘satisficers’. We use simulations …
Persistent link: https://www.econbiz.de/10010736494
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Impact de l'introduction d'une dose de capitalisation en Tunisie : simulations à l'aide d'un modèle à générations imbriquées
Ben Braham, Mehdi - Université Paris-Dauphine (Paris IX) - 2007
reform generates a strong crowding-out effect, restraining capital accumulation. Our simulations also show that the burden of …
Persistent link: https://www.econbiz.de/10011072673
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Semiparametric Estimation of Regression Functions Under Shape Invariance Restrictions
Wilke, Ralf A. - 2003
estimator is investigated by simulations. An application to consumer data illustrates the importance of this method for applied …
Persistent link: https://www.econbiz.de/10010297314
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More alike than different: the Spanish and Irish labour markets before and after the crisis
Agnese, Pablo; Salvador, Pablo F. - In: IZA Journal of European Labor Studies 1 (2012), pp. 1-24
dynamic simulations that account for the swings of the unemployment rates before and after the 2007 crisis. Our results …
Persistent link: https://www.econbiz.de/10010331959
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The disappearing tax base: is foreign direct investment eroding corporate income taxes?
Gropp, Reint E.; Kostial, Kristina - 2000
turn affect the corporate tax base. Simulations of EU harmonization (isolating the revenue effect of FDI on the tax base …
Persistent link: https://www.econbiz.de/10011604077
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Competitiveness and external imbalances within the euro area
2012
The onset of the financial crisis in 2008 has highlighted the problems of diverging external imbalances within Economic and Monetary Union (EMU) and the role of persistent losses in competitiveness. This paper starts by investigating some of the competitiveness factors which contributed to...
Persistent link: https://www.econbiz.de/10011606291