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In this article, we propose a Snowdrift Game with costly punishment in a spatial-structured two-population arrangement. In order to generate the results, we use the Agent Based Simulation (ABS) model. The numerical simulations as well as the dynamics observed in the ABS are analyzed and...
Persistent link: https://www.econbiz.de/10012866518
We propose both a well-mixed and spatially-structured evolutionary game to analyze the competitive behavior of retail firms in duopolistic markets. Firms from two different populations (high/low efficiency) compete and the available strategies are (i) Profit or (ii) Revenue maximization. Under...
Persistent link: https://www.econbiz.de/10012866521
This article aims to analyze the strategic decision about firms location choice faced with the uncertainty surrounding Brexit. We combine Evolutionary Game Theory (EGT) and spatial Agent-based Simulation (ABS) approaches with input-output analysis. Firms are competing in two different sectors:...
Persistent link: https://www.econbiz.de/10012866542
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