Showing 1 - 10 of 961
Persistent link: https://www.econbiz.de/10003854014
Persistent link: https://www.econbiz.de/10003021244
Persistent link: https://www.econbiz.de/10001783835
We fix the status quo (Q) and one of the bilateral bargaining agents to examine how shifting the opponent.s ideal point (type) away from Q in a unidimensional space affects the Nash and Kalai-Smorodinsky bargaining solutions when opponents differ only in their ideal points. The results are...
Persistent link: https://www.econbiz.de/10005404514
Persistent link: https://www.econbiz.de/10005409318
Persistent link: https://www.econbiz.de/10005280356
Dynamic stability under the replicator dynamic of evolutionary game theory is investigated for certain symmetric extensive form games whose subgame structure exhibits a high degree of decomposability. It is shown that a pervasive equilibrium strategy is locally asymptotically stable (l.a.s.) if...
Persistent link: https://www.econbiz.de/10005755767
In this paper, the authors examine the economics of crime deterrence from an evolutionary perspective. A bimatrix game is used to model the interaction between populations of property owners and (potential) criminals, given exogenous levels of public policing and criminal sanctions. A crucial...
Persistent link: https://www.econbiz.de/10005608876
We fix the status quo (Q) and one of the bilateral bargaining agents to examine how facing opponents with different single-peaked utility functions over a unidimensional space affects the Nash, Kalai-Smorodinsky and Perles-Maschler bargaining solutions. We find that when one opponent's utility...
Persistent link: https://www.econbiz.de/10005066310
Persistent link: https://www.econbiz.de/10005068019