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Game-theoretic models of political decision-making regard policy outcomes as a combined result of actor preferences and institutions. This paper explores the effects of adding relative issue salience to the analysis. I focus on non-cooperative models of complete and perfect information that are...
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Supermarket retailers make strategic pricing decisions in a high-frequency, repeated game environment both in buying and selling fresh produce. In this context, there is some question as to whether a non-cooperative equilibrium can emerge that produces margins above the competitive level....
Persistent link: https://www.econbiz.de/10005809104
The purpose of this paper is to introduce the concept of interconnected games and to show its relevance for modeling international environmental problems. It is argued that an interconnected game approach to international environmental problems may enhance cooperation and provide an alternative...
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This paper explains the observed stagnation of 'Happiness' measures in the post-war period through a growth model in which agents care about conspicuous consumption.
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