Showing 51 - 60 of 60
Persistent link: https://www.econbiz.de/10003766080
Persistent link: https://www.econbiz.de/10003737309
This paper studies models where the correspondences (or functions) under consideration are never increasing (or weakly decreasing) in endogenous variables, and weakly increasing in exogenous parameters. Such models include games where endogenous variables are strategic substitutes for each...
Persistent link: https://www.econbiz.de/10014065067
Persistent link: https://www.econbiz.de/10012243299
Persistent link: https://www.econbiz.de/10012062763
Persistent link: https://www.econbiz.de/10012650251
This paper studies models where the optimal response functions under consideration are non-increasing in endogenous variables, and weakly increasing in exogenous parameters. Such models include games with strategic substitutes, and include cases where additionally, some variables may be...
Persistent link: https://www.econbiz.de/10012824357
In games with strategic substitutes (GSS), convergence of the best-response dynamic starting from the inf (or sup) of the strategy space is equivalent to global stability (convergence of every adaptive dynamic to the same pure strategy Nash equilibrium). Consequently, in GSS, global stability...
Persistent link: https://www.econbiz.de/10012824362
Persistent link: https://www.econbiz.de/10014545420
Persistent link: https://www.econbiz.de/10014444253