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Stone, Daniel F. - In: Journal of Public Economics 101 (2013) C, pp. 94-104

thus implies that media change can cause gridlock via signaling; by contrast, the previous literature on causes of gridlock …

Persistent link: https://www.econbiz.de/10010664742

Simulation analyses and stress testing of payment networks

Leinonen (ed), Harry - Suomen Pankki - 2009

, gridlock resolution, transaction queuing arrangements, network features and network topologies. The studies examine systems in …

Persistent link: https://www.econbiz.de/10008774214

Liquidity, risks and speed in payment and settlement systems – a simulation approach

Leinonen (ed), Harry - Suomen Pankki - 2005

liquidity requirements, settlement speed, gridlock situations, gridlock resolving methods, liquidity economising, systemic risk …

Persistent link: https://www.econbiz.de/10008774222

Simulation studies of liquidity needs, risks and efficiency in payment networks

Leinonen (ed), Harry - Suomen Pankki - 2007

focus of the analyses is on liquidity requirements, settlement speed, gridlock situations, gridlock resolution methods …

Persistent link: https://www.econbiz.de/10008774230

Disagreement and Learning About Reforms

Binswanger, Johannes; Oechslin, Manuel - Tilburg University, Center for Economic Research - 2014

Abstract: When it comes to economic reforms in developing countries, many economists agree on broad objectives (such as fostering outward orientation). Broad objectives, however, can be pursued in many di¤erent ways, and policy experimentation is often indispensable for learning which...

Persistent link: https://www.econbiz.de/10011090351

A new era?

Marren, Patrick - In: Journal of Business Strategy 33 (2011) 1, pp. 48-50

the basic functions of government into question and may cause gridlock on major issues for a long time. This will have …

Persistent link: https://www.econbiz.de/10014845338

Agenda-setter power dynamics : learning in multi-issue bargaining

Bowen, T. Renee; Krasa, Stefan; Hwang, Ilwoo - 2020

Persistent link: https://www.econbiz.de/10012314443

A model of rush-hour traffic in an isotropic downtown area

Arnott, Richard; Kokoza, Anatolii; Naji, Mehdi - 2015

For a quarter century, a top priority in transportation economic theory has been to develop models of rush-hour traffic dynamics that incorporate traffic jams (hypercongestion). The difficulty has been that "proper" models result in mathematical intractabilty, while none of the proposed...

Persistent link: https://www.econbiz.de/10011305426

A fixed point theorem for discontinuous functions

Herings, Peter Jean-Jacques; Laan, Gerard van der; … - 2004

Any function from a non-empty polytope into itself that is locally gross direction preserving is shown to have the fixed point property. Brouwer's fixed point theorem for continuous functions is a special case. We discuss the application of the result in the area of non-cooperative game theory.

Persistent link: https://www.econbiz.de/10011342557

Perfection and stability of stationary points with applications to noncooperative games

Laan, Gerard van der; Talman, Dolf; Yang, Zaifu - 2002

well known refinements of the Nash equilibrium, namely, perfect Nash equilibrium and proper Nash equilibrium, are special … Nash equilibrium is shown to exist for every game. In symmetric bimatrix games, our results imply the existence of a … symmetric proper equilibrium. Applying our results to the field of evolutionary game theory yields a refinement of the …

Persistent link: https://www.econbiz.de/10011327822