Showing 1 - 10 of 362
Persistent link: https://www.econbiz.de/10003412948
Persistent link: https://www.econbiz.de/10012422543
Generalized Darwinian evolutionary theory has emerged as central to the description of economic process (e.g., Aldrich et al., J Evol Econ 18:577–596, <CitationRef CitationID="CR3">2008</CitationRef>). Just as Darwinian principles provide necessary, but not sufficient, conditions for understanding the dynamics of social entities, so too...</citationref>
Persistent link: https://www.econbiz.de/10011001840
Extensive research has been conducted on the economics of standards in the last three decades. To date, standard-setting studies emphasize a superior role of demand-side-driven technology diffusion; these contributions assume the evolution of a user-driven momentum and network externalities. We...
Persistent link: https://www.econbiz.de/10010485388
Persistent link: https://www.econbiz.de/10003858890
Persistent link: https://www.econbiz.de/10012621393
We define an indirect evolutionary approach formally and apply it to (Tullock) contests. While it is known (Leininger, 2003) that the direct evolutionary approach in the form of finite population ESS (Schaffer, 1988) yields more aggressive behavior than in Nash equilibrium, it is now shown that...
Persistent link: https://www.econbiz.de/10003730276
Persistent link: https://www.econbiz.de/10014428015
literature on tournaments within firms, which shows that competitive compensation schemes reduce cooperation in the short-run, we …
Persistent link: https://www.econbiz.de/10014428113
literature on tournaments within firms, which shows that competitive compensation schemes reduce cooperation in the short-run, we …
Persistent link: https://www.econbiz.de/10014431358