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Twenty years after the declarations from the Earth Summit in Rio, the world faces an unattenuated host of problems that threaten the goal of sustainable development. The challenge to cooperatively solve socio-ecological problems has been portrayed in Garrett Hardin’s essay “The Tragedy of...
Persistent link: https://www.econbiz.de/10011030052
We numerically solve the classical "Game of Pure Strategy" using linear programming. We notice an intricate even-odd behaviour in the results of our computations that seems to encourage odd or maximal bids.
Persistent link: https://www.econbiz.de/10011030517
Thomas Schelling was recognized by the Nobel Prize committee as a pioneer in the application of game theory and rational choice analysis to problems of politics and international relations. However, although he makes frequent references in his writings to this approach, his main explorations and...
Persistent link: https://www.econbiz.de/10011030522
This paper proposes an innovative game theoretic framework for a next-generation retail electricity market (“Energy Internet”) with high penetration of distributed residential electricity suppliers (“Energy Cells”). The envisioned Energy Internet is developed for plug-and-play of a large...
Persistent link: https://www.econbiz.de/10011041263
This paper implements an experimental test of a game-theoretic model of equilibrium profiling. Attackers choose a demographic “type” from which to recruit, and defenders choose which demographic types to search. Some types are more reliable than others in the sense of having a higher...
Persistent link: https://www.econbiz.de/10011108439
This paper concerns assimilation between physiques and economics. Assuming fixed time value of goods each year along with a new concept of empty goods and its interpretation on good’s exchange. We redefined the economy and briefly described the macroeconomic, the microeconomic and Islamic...
Persistent link: https://www.econbiz.de/10011109300
This paper exposes a formal model of the spiral of silence theory. It is based on game theoy. The game consists on three players: players 1 and two have two strategies, to speak (s) or not (~s); the third player is Nature, which decides whether players 1 and 2 agree in their opinion or not. If...
Persistent link: https://www.econbiz.de/10011109433
I show how improper conditioning of beliefs can lead to under-contribution in public goods environments with interdependent values. I consider a simple model of a binary, excludable public good. In equilibrium, provision of the public good is good news about its value. Naive players who...
Persistent link: https://www.econbiz.de/10011109699
Scholars and policymakers have devoted much attention to issues of third party intervention in conflict. The present paper considers a conflict that draws two countervailing outside interveners. As in the realist perspective, the outside parties are drawn to intervene through some economic or...
Persistent link: https://www.econbiz.de/10011109775
We define and study periodic strategies in two player finite strategic form games. This concept can arise from some epistemic analysis of the rationalizability concept of Bernheim and Pearce. We analyze in detail the pure strategies and mixed strategies cases. In the pure strategies case, we...
Persistent link: https://www.econbiz.de/10011110562