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The minority game is a simple congestion game in which the players’ main goal is to choose among two options the one that is adopted by the smallest number of players. We characterize the set of Nash equilibria and the limiting behavior of several well-known learning processes in the minority...
Persistent link: https://www.econbiz.de/10011092544
This paper proposes a novel method to select an experimental design for interpolation in simulation.Though the paper focuses on Kriging in deterministic simulation, the method also applies to other types of metamodels (besides Kriging), and to stochastic simulation.The paper focuses on...
Persistent link: https://www.econbiz.de/10011092545
We give some necessary conditions for a graph to be 3-chromatic in terms of the spectrum of the adjacency matrix.For all known distance-regular graphs it is determined whether they are 3-chromatic.A start is made with the classification of 3-chromatic distance-regular graphs, and it is shown...
Persistent link: https://www.econbiz.de/10011092546
AMS classification: 90D12.
Persistent link: https://www.econbiz.de/10011092547
We analyze competition among clubs in which the status of club members is the crucial added value accruing to fellow club members through social interaction within the club (e.g. in country clubs, academic faculties, or internet communities). In the course of competition for new members, clubs...
Persistent link: https://www.econbiz.de/10011092548
Persistent link: https://www.econbiz.de/10011092549
This paper investigates the impact of perceived organizational support (POS) on performance.We predict that POS will be reciprocated by positive discretionary employee behavior, which in turn has a positive impact on performance.Empirical research on a sample of Dutch construction companies...
Persistent link: https://www.econbiz.de/10011092550
Persistent link: https://www.econbiz.de/10011092551
In many countries, the collective sale of TV rights by sports leagues has been challenged by the antitrust authorities.In several cases, however, leagues won in court, on the ground that sport cannot be considered a standard good.In this paper, we investigate the conditions under which the sale...
Persistent link: https://www.econbiz.de/10011092552
This article presents an econometric analysis of the many data on the sealed-bid auction that sells mussels in Yerseke town, the Netherlands. The goals of this analy- sis are obtaining insight into the important factors that determine the price of these mussels, and quantifying the performance...
Persistent link: https://www.econbiz.de/10011092553