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affiliation-motivated individuals engaged in game-play. The first model captures learning by motivated agents during strategic … interactions. The second model captures the evolution of a society of motivated agents. It is demonstrated that misperception, when …
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Two parties bargaining over a pie, the size of which is determined by their previous investment decisions. The bargaining rule is sensitive to investment behavior. Two games are considered. In both, bargaining proceeds according to the Nash Demand Game when a symmetric investments profile is...
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This chapter reviews and integrates much of what has been learned on the processes of technological evolution, their … main features, and their effects on the evolution of industries. First, we map and integrate the various pieces of evidence …
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