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English version of this paper can be found at 'http://ssrn.com/abstract=2435295' http://ssrn.com/abstract=2435295Dutch Abstract: de combinatie van weg en dijk bespaart kosten, en genereert tegelijkertijd nieuwe bronnen van inkomsten. Als gevolg hoeft de functie van waterkering geen extra risico...
Persistent link: https://www.econbiz.de/10013054230
We study equilibrium selection by evolutionary learning in monotone signalling games. The learning process is a … equilibria. If the game has separating equilibria, then in the long run only play according to a specific separating equilibrium …, the so-called Riley equilibrium, will be observed frequently. Also if the game has no separating equilibrium a particular …
Persistent link: https://www.econbiz.de/10005749753