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Beliefs and (In)Stability in Normal-Form Games
Hyndman, Kyle; Terracol, Antoine; Vaksmann, Jonathan - Volkswirtschaftliche Fakultät, … - 2013
In this paper, we use experimental data to study players' stability in normal-form games where subjects have to report … without feedback. We document a high degree of stability within the same (strategically equivalent) game, although time and … changes in the presentation of the game do lead to less stability. To look at stability across different games, we adopt the …
Persistent link: https://www.econbiz.de/10011107567
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A new stationary game equilibrium induced by stochastic group evolution and rational Individual choice
Dai, Darong; Shen, Kunrong - Volkswirtschaftliche Fakultät, … - 2012
equilibrium is induced by both stochastic group evolution and decentralized rational individual choice. Moreover, stability of the …
Persistent link: https://www.econbiz.de/10011107798
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Ties matter: improving efficiency in course allocation by introducing ties
Chen, Ning; Li, Mengling - Volkswirtschaftliche Fakultät, … - 2013
We study the course allocation system at Nanyang Technological University, where students submit strict preferences for courses and courses have implicit preferences for students. This formulates a many-to-many matching problem. We show the inefficiencies of the current mechanism and propose new...
Persistent link: https://www.econbiz.de/10011107943
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Empirical study on the correlation of corporate social responsibility with the banks efficiency and stability
T., Vasylieva; A., Lasukova - Volkswirtschaftliche Fakultät, … - 2013
most important characteristics of the banking – efficiency and stability in a sample of twelve Ukrainian banks, which are … characteristics of banking), 2 – stability (as a long term characteristics of banking). …
Persistent link: https://www.econbiz.de/10011107989
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Improving Fairness and Efficiency in Matching with Distributional Constraints: An Alternative Solution for the Japanese Medical Residency Match
Goto, Masahiro; Iwasaki, Atsushi; Kawasaki, Yujiro; … - Volkswirtschaftliche Fakultät, … - 2014
Regional imbalance of doctors is a serious issue in many countries. In an attempt to average the geographical distribution of doctors, the Japanese government introduced ``regional caps'' recently, restricting the total number of medical residents matched within each region. Motivated by this...
Persistent link: https://www.econbiz.de/10011108745
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A New Stationary Game Equilibrium Induced by Stochastic Group Evolution and Rational Individual Choice
Dai, Darong; Shen, Kunrong - Volkswirtschaftliche Fakultät, … - 2012
equilibrium is induced by both stochastic group evolution and decentralized rational individual choice. Moreover, stability of the …
Persistent link: https://www.econbiz.de/10011108983
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Hopf bifurcation in the Clarida, Gali, and Gertler model
Barnett, William A.; Eryilmaz, Unal - Volkswirtschaftliche Fakultät, … - 2012
We explore bifurcation phenomena in the open-economy New Keynesian model developed by Clarida, Gali and Gertler (2002). We find that the open economy framework can bring about more complex dynamics, along with a wider variety of qualitative behaviors and policy responses. Introducing parameters...
Persistent link: https://www.econbiz.de/10011109244
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Relations de Long Terme entre Investissement, Déficit Extérieur et Autofinancement sur un Panel Sectoriel
Ghassan, Hassan B. - Volkswirtschaftliche Fakultät, … - 2003
. Furthermore, we use the Hansen stability test of all these tests using LC, MeanF and SupF. The findings exhibit stable Sectorial …
Persistent link: https://www.econbiz.de/10011109527
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Two-Sided Matchings: An Algorithm for Ensuring They Are Minimax and Pareto-Optimal
Steven, Brams; Marc, Kilgour - Volkswirtschaftliche Fakultät, … - 2013
Gale and Shapley (1962) proposed the deferred-acceptance algorithm for matching (i) college applicants and colleges and (ii) men and women. In the case of the latter, it produces either one or two stable matches whereby no man and woman would prefer to be matched with each other rather than with...
Persistent link: https://www.econbiz.de/10011109567
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On the Existence and Stability of Pareto Optimal Endogenous Matching with Fairness
Dai, Darong - Volkswirtschaftliche Fakultät, … - 2012
. Moreover, stability of the Pareto optimal endogenous matching is confirmed by essentially using the well-known Girsanov Theorem. …
Persistent link: https://www.econbiz.de/10011110067