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This chapter presents a selective review of a literature in marketing that analyzes diffusion and pricing over the …
Persistent link: https://www.econbiz.de/10014023353
This chapter presents a selective review of a literature in marketing that analyzes diffusion and pricing over the …
Persistent link: https://www.econbiz.de/10012065298
Persistent link: https://www.econbiz.de/10014538980
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approximation based on an associated differential equation. Global stability, local stability and instability results for SRAs are … presented. For a wide range of solutions to economic models the stability conditions for REE under statistical learning rules … are given by the expectational stability principle, which is treated as a unifying principle for the results presented …
Persistent link: https://www.econbiz.de/10014024243
This chapter of the Handbook of Game Theory (Vol. 3) provides an overview of the theory of Nash equilibrium and its refinements. The starting-point is the rationalistic approach to games and the question whether there exists a convincing, self-enforcing theory of rational behavior in...
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paths to stability cannot always be guaranteed. We identify a necessary and sufficient condition for an assignment problem … paths to stability and show how to construct such a path whenever this is possible. …
Persistent link: https://www.econbiz.de/10010222185