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We consider the problem of determining the individual preference rankings that are necessarily implied by a dataset consisting of prices, income distributions and total resources. We show the equivalence between the compatibility with individual preference rankings and the existence of a...
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We investigate the geometry of finite datasets defined by equilibrium prices, income distributions, and total resources. We show that the equilibrium condition imposes no restrictions if total resources are collinear, a property that is robust to small perturbations. We also show that the set of...
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Traditional game theory usually relies on commonly known decision rationality meaning that choices are made in view of … their consequences (the shadow of the future). Evolutionary game theory, however, denies any cognitive deliberation by …
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