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In this paper, in order to study the strategic interactions between “cooperation”, “defection” and “altruistic punishment”, a mutation-selection dynamics, with the Prisoner's Dilemma as the background, has been established on an embedded Markov chain, proved the following...
Persistent link: https://www.econbiz.de/10015233078
In this paper, in order to study the strategic interactions between “cooperation”, “defection” and “altruistic punishment”, a mutation-selection dynamic, with the Prisoner's Dilemma as the background, has been established on an embedded Markov chain, proved the following conclusions:...
Persistent link: https://www.econbiz.de/10015233242
surplus of participants would serve as the rents of monopoly power. However, when the political market competition, such as … that there exist a trap of development; we also pointed how ideological conflict, clash of civilizations, economic …
Persistent link: https://www.econbiz.de/10015216928
Persistent link: https://www.econbiz.de/10015243590
This article employed a voting model to describe the optimum strategy for later retirement. The results indicated that, later retirement just a emergency measure to pension shortfall. The preference to later retirement was related with the gap between actual age and legal retirement age. The...
Persistent link: https://www.econbiz.de/10015248012
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