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In the previous papers, we heard some of views of the ‘large’ users and we heard something about the approach of the ‘large’ suppliers to both the ‘large’ and the ‘small’ users. I'm glad to have the opportunity now of saying a few words about the ‘small’ supplier. The...
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Agency may be exercised by different entities (e.g., individuals, firms, households). A given individual can form part of multiple agents (e.g., he may belong to a firm and a household). The set of agents that act in a given situation might not be common knowledge. We adapt the standard model of...
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Economic agents are not always rational or farsighted and can make decisions according to simple behavioral rules that vary according to situation and can be studied using the tools of evolutionary game theory. Furthermore, such behavioral rules are themselves subject to evolutionary forces....
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