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Evolutionary dynamics of gig economy labor strategies under technology, policy and market influence
Hu, Kevin; Fu, Feng - In: Games 12 (2021) 2, pp. 1-31
The emergence of the modern gig economy introduces a new set of employment considerations for firms and laborers that include various trade-offs. With a game-theoretical approach, we examine the influences of technology, policy and markets on firm and worker preferences for gig labor....
Persistent link: https://www.econbiz.de/10012547805
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Strategic interaction and catching up
Özer, Mehmet; Sağlam, Hüseyin Çağri - In: Bulletin of economic research 68 (2016) 2, pp. 168-181
Persistent link: https://www.econbiz.de/10011496435
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Under-connected and over-connected networks
Buechel, Berno; Hellmann, Tim - 2008
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between individual strategic behavior and collective outcome. What has...
Persistent link: https://www.econbiz.de/10009452539
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Convexity and complementarity in network formation. Implications for the structure of pairwise stable networks
Hellmann, Tim - 2009
This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...
Persistent link: https://www.econbiz.de/10009452561
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Advances in strategic network formation : preferences, centrality, and externalities
Buechel, Berno - 2009
about job openings, bargaining power etc. Given these beneficial aspects of networks, the stability is in question: How do … networks.Finally, one of the focal topics of strategic network formation is the "tension of stability and efficiency" (see …
Persistent link: https://www.econbiz.de/10009452644
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Under-connected and over-connected networks
Buechel, Berno; Hellmann, Tim - 2008
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between individual strategic behavior and collective outcome. What has...
Persistent link: https://www.econbiz.de/10010272547
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Convexity and complementarity in network formation: Implications for the structure of pairwise stable networks
Hellmann, Tim - 2009
This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...
Persistent link: https://www.econbiz.de/10010272600
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Sufficient conditions for stable equilibria
Wilson, Robert B.; Govindan, Srihari - In: Theoretical Economics 1 (2006) 2, pp. 167-206
A refinement of the set of Nash equilibria that satisfies two assumptions is shown to select a subset that is stable in the sense defined by Kohlberg and Mertens. One assumption requires that a selected set is invariant to adjoining redundant strategies and the other is a strong version of...
Persistent link: https://www.econbiz.de/10011599369
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Sufficient conditions for stable equilibria
Wilson, Robert B.; Govindan, Srihari - In: Theoretical Economics 1 (2006) 2, pp. 167-206
A refinement of the set of Nash equilibria that satisfies two assumptions is shown to select a subset that is stable in the sense defined by Kohlberg and Mertens. One assumption requires that a selected set is invariant to adjoining redundant strategies and the other is a strong version of...
Persistent link: https://www.econbiz.de/10005515738
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Beliefs and (In)Stability in Normal-Form Games
Hyndman, Kyle; Terracol, Antoine; Vaksmann, Jonathan - Volkswirtschaftliche Fakultät, … - 2013
In this paper, we use experimental data to study players' stability in normal-form games where subjects have to report … without feedback. We document a high degree of stability within the same (strategically equivalent) game, although time and … changes in the presentation of the game do lead to less stability. To look at stability across different games, we adopt the …
Persistent link: https://www.econbiz.de/10011107567