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Persistent link: https://www.econbiz.de/10012653169
This paper examines implications of complexity cost in implementing repeated game strategies through networks with finitely many classifiers. A network consists of individual classifiers that summarize the history of repeated play according to a weighted sum of the empirical frequency of the...
Persistent link: https://www.econbiz.de/10005596778
This paper analyzes organizational structures that minimize information processing costs for a specific organizational task. Organizations consist of agents of limited ability connected in a network. These agents collect and process information, and make decisions. Organizations implement...
Persistent link: https://www.econbiz.de/10005753060
Persistent link: https://www.econbiz.de/10001368283
We propose new models, simulations, and data analyses to elaborate on the process of formation of a network. In these models, new agents search edges instead of nodes before connecting to other agents. The edges can represent patents between technology firms, assets between dealers, viruses...
Persistent link: https://www.econbiz.de/10013298289
Persistent link: https://www.econbiz.de/10014547430
This paper examines implications of complexity cost in implementing repeated game strategies through networks with finitely many classifiers. A network consists of individual classifiers that summarize the history of repeated play according to a weighted sum of the empirical frequency of the...
Persistent link: https://www.econbiz.de/10014206926
Persistent link: https://www.econbiz.de/10015373778