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  • Search: subject:"Stochastic evolution"
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Year of publication
Subject
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stochastic evolution 3 local interaction 2 mobility 2 Asymmetric link cost 1 Commitment 1 Control theory 1 Coordination game 1 Decomposition method 1 Dekompositionsverfahren 1 Enforcement 1 Generalized Fukushima decomposition 1 Kontrolltheorie 1 Mathematical programming 1 Mathematics 1 Mathematik 1 Mathematische Optimierung 1 Network formation 1 Pareto dominant equilibrium 1 Punishment 1 Risk dominant equilibrium 1 Stochastic Evolution 1 Stochastic evolution 1 Stochastic evolution equations 1 Stochastic optimal control in Hilbert spaces 1 Stochastic process 1 Stochastischer Prozess 1 Weak Dirichlet processes in infinitedimension 1 dominated strategies 1 idiosyncrasy 1 multinational probit 1
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Online availability
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Free 6
Type of publication
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Book / Working Paper 6
Type of publication (narrower categories)
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Working Paper 2 Arbeitspapier 1 Graue Literatur 1 Non-commercial literature 1
Language
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English 5 Undetermined 1
Author
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Ely, Jeffrey C. 2 Fabbri, Giorgio 1 Fukuzumi, Masakazu 1 Myatt, David P. 1 Russo, Francesco 1 Steiner, Jakub 1 Wallace, Chris 1
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Institution
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Center for Mathematical Studies in Economics and Management Science (CMS-EMS), Kellogg Graduate School of Management 1 Department of Economics, Oxford University 1 Research Institute for Economics and Business Administration, Kobe University 1 School of Economics, University of Edinburgh 1
Published in...
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Discussion Paper 1 Discussion Paper Series / Research Institute for Economics and Business Administration, Kobe University 1 Discussion Papers / Center for Mathematical Studies in Economics and Management Science (CMS-EMS), Kellogg Graduate School of Management 1 Discussion paper / Institut de Recherches Économiques et Sociales de l'Université Catholique de Louvain 1 ESE Discussion Papers 1 Economics Series Working Papers / Department of Economics, Oxford University 1
Source
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RePEc 4 ECONIS (ZBW) 1 EconStor 1
Showing 1 - 6 of 6
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HJB equations in infinite dimension and optimal control of stochastic evolution equations via generalized Fukushima decomposition
Fabbri, Giorgio; Russo, Francesco - 2017
Persistent link: https://www.econbiz.de/10011701898
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Strong Enforcement by a Weak Authority
Steiner, Jakub - School of Economics, University of Edinburgh - 2006
limited authority to assure that compliance prevails in the long run under stochastic evolution. …
Persistent link: https://www.econbiz.de/10005750741
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Coordination and Evolutionary Network Formation with Asymmetric Link Costs: Part One
Fukuzumi, Masakazu - Research Institute for Economics and Business … - 2003
We analyze a dynamic implication of an evolutionary process in a population where both actions and network structures changes over time. At every period, a coordination game is played by players who are linked with each other. An asymmetric cost of a link is incorporated. Under this setting each...
Persistent link: https://www.econbiz.de/10005207852
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Local Conventions
Ely, Jeffrey C. - 2002
It is shown that player mobility has important consequences for the long-run equilibrium distribution in dynamic evolutionary models of strategy adjustment, when updating is prone to small probability perturbations, i.e. “mistakes” or “mutations.” Ellison (1993) concluded that the effect...
Persistent link: https://www.econbiz.de/10012236154
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Local Conventions
Ely, Jeffrey C. - Center for Mathematical Studies in Economics and … - 2002
It is shown that player mobility has important consequences for the long-run equilibrium distribution in dynamic evolutionary models of strategy adjustment, when updating is prone to small probability perturbations, i.e. “mistakes” or “mutations.” Ellison (1993) concluded that the effect...
Persistent link: https://www.econbiz.de/10005252321
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A Multinomial Probit Model of Stochastic Evolution
Myatt, David P.; Wallace, Chris - Department of Economics, Oxford University - 2002
A strategy revision process in symmetric normal form games is proposed. Following Kandori, Mailath, and Rob (1993), members of a population periodically revise their strategy choice, and choose a myopic best response to currently observed play. Their payoffs are perturbed by normally distributed...
Persistent link: https://www.econbiz.de/10010604996
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