Showing 1 - 10 of 725,222
Persistent link: https://www.econbiz.de/10011415121
Persistent link: https://www.econbiz.de/10001656747
Persistent link: https://www.econbiz.de/10001754424
Persistent link: https://www.econbiz.de/10003706894
We define an indirect evolutionary approach formally and apply it to (Tullock) contests. While it is known (Leininger, 2003) that the direct evolutionary approach in the form of finite population ESS (Schaffer, 1988) yields more aggressive behavior than in Nash equilibrium, it is now shown that...
Persistent link: https://www.econbiz.de/10003730276
Persistent link: https://www.econbiz.de/10001783835
Persistent link: https://www.econbiz.de/10003557326
This paper studies an evolutionary model of network formation with endogenous decay, in which agents benefit both from direct and indirect connections. In addition to forming (costly) links, agents choose actions for a coordination game that determines the level of decay of each link. We address...
Persistent link: https://www.econbiz.de/10009735339
Persistent link: https://www.econbiz.de/10003965256
Persistent link: https://www.econbiz.de/10008657634