Showing 1 - 10 of 92
each factor to that index. The results show that dissimilarity has a marked influence in Madagascar and to some extent … taking dissimilarity of unchangeable background into account. …
Persistent link: https://www.econbiz.de/10013199970
is based on a partition of each player's moves into similarity classes. A valuation of a player is a real-valued function … on the set of her similarity classes. In this equilibrium each player's strategy is optimal in the sense that at each of … consistent with the strategy profile in the sense that the valuation of a similarity class is the player's expected payoff, given …
Persistent link: https://www.econbiz.de/10011599386
We study learning in a large class of complete information normal form games. Players continually face new strategic situations and must form beliefs by extrapolation from similar past situations. We characterize the long-run outcomes of learning in terms of iterated dominance in a related...
Persistent link: https://www.econbiz.de/10011599409
The theory of large one-shot simultaneous-play games with a biosocial typology has been presented in both the individualized and distributionalized forms-large individualized games (LIG) and large distributionalized games (LDG), respectively. Using an example of an LDG with two actions and a...
Persistent link: https://www.econbiz.de/10012010077
Endorsers such as social media influencers who aim to match consumers’ personality to strengthen their credibility must consider that actual self-congruence and ideal self-congruence have different effects on the main dimensions of credibility: perceived trustworthiness and perceived...
Persistent link: https://www.econbiz.de/10012509471
The international system for the governance of foreign investments is highly fragmented consisting mainly of bilateral agreements. With the adoption of nine guiding principles for global investment policy-making in 2016, some observers argue that the G20 can actually serve as a launchpad for...
Persistent link: https://www.econbiz.de/10012621806
most suitable methodology. By extensively testing various possibilities, we arrive at a choice of a dissimilarity measure … (compression-based dissimilarity measure, or CDM) which is particularly suitable for clustering macroeconomic variables. We check …
Persistent link: https://www.econbiz.de/10011874475
Capital markets react almost immediately to crises. Such relationships can be both international and local. The research focuses on the stock markets of two countries: Spain and Poland. These countries are often compared in terms of various economic and social criteria. The research covers the...
Persistent link: https://www.econbiz.de/10014516365
a sample mean and one standard deviation. To assess the similarity of the classifications and, consequently, to evaluate … correlations between the employment structures and the level and pace of economic development, the similarity measure for …
Persistent link: https://www.econbiz.de/10014516407
In contrast to the assumptions of standard economic theory, recent experimental evidence shows that the income of peers has a systematic impact on observed degrees of risk aversion. This paper reports the findings of two experiments examining the impact of income inequality on risk preferences...
Persistent link: https://www.econbiz.de/10012252864