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Persistent link: https://www.econbiz.de/10006821153
This paper uses annual data from successive UK Labour Force Surveys to model occupational trends over the period 1981 to 1999. Time series models are developed for some nine occupational groups across 17 industrial sectors. Various economic variables, such as output, wages, unemployment, export...
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This paper starts by reporting the results of two studies into electronic book production, the Visual Book and the WEB Book. The Visual Book study (Landoni, 1997) explored the importance of the visual component of the book metaphor for the production of more effective electronic books, while the...
Persistent link: https://www.econbiz.de/10014965281
A refinement of the set of Nash equilibria that satisfies two assumptions is shown to select a subset that is stable in the sense defined by Kohlberg and Mertens. One assumption requires that a selected set is invariant to adjoining redundant strategies and the other is a strong version of...
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From a variant of Kuhn's triangulation we derive a discrete version of the Global Newton Method that yields an epsilon-equilibrium of an N-player game and then sequentially reduces epsilon toward zero to obtain any desired precision or the best precision for any number of iterations.
Persistent link: https://www.econbiz.de/10005237068
The Global Newton Method for games in normal form and in extensive form is shown to have a natural extension to computing Markov-perfect equilibria of stochastic games.
Persistent link: https://www.econbiz.de/10005350161