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We relax the common assumption of homogeneous beliefs in principal-agent relationships with adverse selection. Principals are competitors in the product market and write contracts also on the base of an expected aggregate. The model is a version of a cobweb model. In an evolutionary learning...
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evolution in structured populations. Despite the apparent diversity of these approaches they all share a unified underlying … a higher probability than they would at random. Here we study the evolution of cooperation in both discrete strategy and …'s rule, which govern the evolution of cooperation in these games. For continuous strategy social dilemmas we employ both a …
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The emergence of the modern gig economy introduces a new set of employment considerations for firms and laborers that include various trade-offs. With a game-theoretical approach, we examine the influences of technology, policy and markets on firm and worker preferences for gig labor....
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