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Vega-Redondo (1997) showed that imitation leads to the Walrasian outcome in Cournot Oligopoly. We generalize his result to aggregative quasi-submodular games. Examples are the Cournot Oligopoly, Bertrand games with differentiated complementary products, Common-Pool Resource games, Rent-Seeking...
Persistent link: https://www.econbiz.de/10014093731
The sum of a supermodular function, assumed nondecreasing in the choice variable, and of a 'concavely supermodularizable' function, assumed nonincreasing in the parameter variable, satisfies the Milgrom- Shannon (1994, Monotone comparative statics, Econometrica 62, 157-180) single crossing...
Persistent link: https://www.econbiz.de/10014197826
AbstractSee document.
Persistent link: https://www.econbiz.de/10010325312
proof using a combinatorial argument based on a simplicial algorithm with vector labeling and lexicographic linear … programming pivot steps. We also adept the algorithm to prove the existence of a solution to the discrete complementarity problem. …
Persistent link: https://www.econbiz.de/10010325314
using a combinatorial argument based on a simplicial algorithm with vector labeling and lexicographic linear programming … pivot steps. We also adept the algorithm to prove the existence of a solution to the discrete complementarity problem. …
Persistent link: https://www.econbiz.de/10011256600
This discussion paper resulted in a publication in 'Mathematical Programming', ser. A, 2006, 108, 127-134. <P>
Persistent link: https://www.econbiz.de/10011256768
This discussion paper resulted in a publication in the 'Journal of Optimization Theory and Applications', 2010, 144 …
Persistent link: https://www.econbiz.de/10011257467
AMS classifications: 47H10; 54H25; 55M20; 90C26; 90C33; 91B50;
Persistent link: https://www.econbiz.de/10011091169
Tucker's well-known combinatorial lemma states that for any given symmetric triangulation of the n-dimensional unit cube and for any integer labeling that assigns to each vertex of the triangulation a label from the set f§1;§2; ¢ ¢ ¢ ;§ng with the property that antipodal vertices on the...
Persistent link: https://www.econbiz.de/10011091211
zero point. To prove this we use a simplicial algorithm that terminates with a zero point within a finite number of …
Persistent link: https://www.econbiz.de/10011091637