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influence processes with the works of Herbert Simon in “Bounded Rationality”. Under most conditions that we consider, we find …
Persistent link: https://www.econbiz.de/10008561138
Considering intrinsic valuation of software developers as the main motive for participating in open source projects, we examine the (Nash) equilibrium effort levels of the software developers in implementing projects that follow one of the three different technologies: the summation, the...
Persistent link: https://www.econbiz.de/10008562888
Within the transfer space source and sink exchange material and energy to optimize their own productivity. Under certain conditions this optimization will lead to a productivity increase of the whole ensemble. The present day view that cooperation is the most productive interaction between...
Persistent link: https://www.econbiz.de/10008565145
Weber (2001) uses the Dirty Faces Game to examine the depth of iterated rationality. Weber does not consider equilibria … can actually be part of an equilibrium strategy. We slightly modify the payoff structure and establish strict dominance …, which leads to a unique equilibrium. The resulting dominance-solvable game is implemented in an experiment. We find that …
Persistent link: https://www.econbiz.de/10008568471
This survey paper examines the problem of achieving global cooperation to reduce greenhouse gas emissions. Contributions to this problem are reviewed from non-cooperative game theory, cooperative game theory, and implementation theory. Solutions to games where players have a continuous choice...
Persistent link: https://www.econbiz.de/10008574080
We analyze models of parental care, providing the first systematic comparison of the care given to young by one parent versus by two parents. In the Houston-Davies model of care, young always do better with two parents rather than with one parent. When one parent decides about its level of care...
Persistent link: https://www.econbiz.de/10008577359
Persistent link: https://www.econbiz.de/10008578008
Cooperative business firms are prevalent in agribusiness, yet no concise generalized model exists to demonstrate how and why cooperative firms differ from, and may be selected over, the more common investor owned business firm. It is shown within a generic transaction game that cooperatives fill...
Persistent link: https://www.econbiz.de/10008853503
This article presents a dynamic Generalized Nash-Cournot model to describe the evolution of the natural gas markets. The aim of this work is to provide a theoretical framework that would allow us to analyze future infrastructure and policy developments, while trying to answer some of the main...
Persistent link: https://www.econbiz.de/10008867996
conflicts in Africa and some South Asian nations. The paper also lays out the role of leaders to soothe the conflict and bring …
Persistent link: https://www.econbiz.de/10008869279