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Persistent link: https://www.econbiz.de/10010233126
CC literature suggests a theory of comparative institutional advantage in which different institutional arrangements have … a theory of institutional path dependence. Behind these unifying characteristics of the literature, however, lie a …-Capitalism-Literatur beinhaltet eine Theorie der komparativen institutionellen Vorteile, der zufolge institutionellen Konfigurationen spezifische …
Persistent link: https://www.econbiz.de/10003315763
Both the varieties of capitalism school (VOC) and regulation theory (RT) address the issue of how and why capitalisms … science and political economy but now explores the economic theory of the firm. …
Persistent link: https://www.econbiz.de/10002946790
Quantal Response Equilibrium presents a stochastic theory of games that unites probabilistic choice models developed in … psychology and statistics with the Nash equilibrium approach of classical game theory. Nash equilibrium assumes precise and … is not perfectly predictable. In contrast, QRE models choice behavior as probabilistic and extends classical game theory …
Persistent link: https://www.econbiz.de/10014482331