Search Results - subject:"Replicator dynamics"

Equilibrium selection with coupled populations in hawk-dove games : theory and experiment in continuous time

Benndorf, Volker; Martínez Martínez, Ismael; Normann, … - In: Journal of economic theory 165 (2016), pp. 472-486

Persistent link: https://www.econbiz.de/10011650137

Product quality, product price, and share dynamics in the German compact car market

Cantner, Uwe; Krüger, Jens J.; Söllner, René - 2010

replicator dynamics mechanism. Using data on product characteristics of automobiles sold on the German domestic market over the …

Persistent link: https://www.econbiz.de/10010267130

Public security vs. private self-protection: optimal taxation and the social dynamics of fear

Antoci, Angelo; Sacco, Pier Luigi; Sodini, Mauro - 2010

In this paper, we develop a simple model of social dynamics governing the evolution of strategic self-protection choices of boundedly rational potential victims facing the threat of prospective offenders in a large population with random matching. We prove that individual (and socially...

Persistent link: https://www.econbiz.de/10010272512

A class of evolutionary models for participation games

Dindo, Pietro; Tuinstra, Jan - 2010

We introduce a framework to analyze the interaction of boundedly rational heterogeneous agents repeatedly playing a participation game with negative feedback. We assume that agents use different behavioral rules prescribing how to play the game conditionally on the outcome of previous rounds. We...

Persistent link: https://www.econbiz.de/10010328395

A class of evolutionary models for participation games with negative feedback

Dindo, Pietro; Tuinstra, Jan - Laboratory of Economics and Management (LEM), Scuola … - 2010

Persistent link: https://www.econbiz.de/10008506475

The Role of Socially Concerned Consumers in the Coexistence of Ethical and Standard Firms

Fanelli, Domenico - Volkswirtschaftliche Fakultät, … - 2010

The purpose of this paper is to investigate how socially concerned consumers' preferences affects firms' decisions to commit to social responsibility. In a market in which firms face the same demand function and products are homogeneous, we find that a large group of socially concerned consumers...

Persistent link: https://www.econbiz.de/10008543499

Replicator Dynamic Learning in Muth's Model of Price Movements

Carton, Joel; Guse, Eran A. - Department of Economics, College of Business and Economics - 2010

stability disparities between the two types of learning are due to the way asymptotic stability is defined under the replicator … dynamics. …

Persistent link: https://www.econbiz.de/10008680800

Public Security vs. Private Self-Protection: Optimal Taxation and the Social Dynamics of Fear

Antoci, Angelo; Sacco, Pier Luigi; Sodini, Mauro - Fondazione ENI Enrico Mattei (FEEM) - 2010

Persistent link: https://www.econbiz.de/10008467318

Essays on Population Learning Dynamics and Boundedly Rational Behavior

Golman, Russell - 2009

three-by-three symmetric games for which the overlap in the basins of attraction under best response and replicator dynamics … create basins of attraction with vanishing overlap.We compare cultural learning, i.e., replicator dynamics, and … homogeneous populations learning in accordance with best response dynamics and with replicator dynamics to outcomes in populations …

Persistent link: https://www.econbiz.de/10009476970

Jointly-Determined Livestock Disease Dynamics and Decentralized Economic Behavior

Gramig, Benjamin M.; Horan, Richard D. - 2009

We develop a dynamic model of livestock disease and decentralized economic behavior as a jointly-determined system. By accounting for feedbacks between behavioral choices and disease outcomes we capture the endogenous nature of infection risks. We consider government mandated testing of...

Persistent link: https://www.econbiz.de/10009444700