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We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the dominance solvable guessing game or a Coordination version of the guessing game for five rounds. Afterwards they play a 3x3 normal form game for ten rounds with random matching...
Persistent link: https://www.econbiz.de/10008828406
The collection contains papers accepted for the Second International Conference Game Theory and Management (June 26-27, 2008, St. Petersburg University, St. Petersburg, Russia). The presented papers belong to the eld of game theory and its applications to management. The volume may be...
Persistent link: https://www.econbiz.de/10008828448
This article explains a simulation of the Co-Author Model (CAM) applied in strategic alliance setting where firms use and optimize their network resources. To understand its process casualty better, I explain the model's mechanisms in terms of its interactive dynamics and resulting equilibrium...
Persistent link: https://www.econbiz.de/10008829633
Persistent link: https://www.econbiz.de/10008832170
This paper centres his analysis on the diplomatic tension between Colombia and Ecuador during the period 2006-2009. For it, is studied from the game theory,the diplomatic tension that both countries faced, product the air fumigations that Colombia realized in the zone of border with the Ecuador...
Persistent link: https://www.econbiz.de/10008836441
This essay provides an approach to the analysis of the link between Thorstein Veblen's evolutionary approach and evolutionary game theory (EGT). We shed some light on the potential contribution of Veblen's theory of socioeconomic evolution to the discussion on the application of EGT to social...
Persistent link: https://www.econbiz.de/10008839503
Previous work on the property rights theory of the firm suggests that in the presence of outside options, ownership may be counter productive in motivating managers. This paper shows that this conclusion depends on the assumption that a manager's outside option only depends on her own...
Persistent link: https://www.econbiz.de/10008852265
This paper investigates the agenda formation problem by means of two-player two-cake sequential bargaining models. Players differ not only in their time preferences but also for their cake valuations; moreover they face a risk of breakdown in the negotiation process. The main model is...
Persistent link: https://www.econbiz.de/10008852276
We present an economic example of an affine-quadratic differential game where in Markov-perfect Nash equilibrium, the value function of a player is discontinuous in the model's parameters, implying that the strategy of that player is also discontinuous, even though the data of the game (state...
Persistent link: https://www.econbiz.de/10008852285
An analysis of the disease of formalism in modern economics. Its manifestation in general equilibrium theory, game theory, the new classical macroeconomics and real business cycle theory. Symptoms of the disease in the current vogue for postmodernism in methodololy. The possibilities for curing...
Persistent link: https://www.econbiz.de/10008852361