Good and Bad Equilibria with the Informal Sector
نویسندگان
چکیده
منابع مشابه
Correlated Equilibria, Good and Bad: an Experimental Study
We report results from an experiment that explores the empirical validity of correlated equilibrium, an important generalization of Nash equilibrium. Specifically, we examine the conditions under which subjects playing the game of Chicken will condition their behavior on private third–party recommendations drawn from publicly– announced distributions. We find that when recommendations are given...
متن کاملModernizing the informal sector
Th e multiplicity of policies proposed to support the informal sector refl ects the lack of a common defi nition. Although they may produce positive eff ects, these are limited and fail to constitute a comprehensive strategic approach. Th e diff erent interpretations in the absence of a common defi nition as well as the strategies emerging from them are reviewed. Th e identifi cation of informa...
متن کاملGood and bad fever
Fever is considered a key actor of innate immunity aimed to fight infection. A new investigation reports an association of the use of antipyretic drugs with poorer outcome among patients with sepsis. In contrast, high temperature in non-infectious intensive care patients is associated with higher mortality.
متن کاملCompetition in Healthcare: Good, Bad or Ugly?
The role of competition in healthcare is much debated. Despite a wealth of international experience in relation to competition, evidence is mixed and contested and the debate about the potential role for competition is often polarised. This paper considers briefly some of the reasons for this, focusing on what is meant by “competition in healthcare” and why it is more valuable to think about th...
متن کاملGood and Bad Measures
We point out that the commonly known properties of continuous measures such as the symmetry of the A 1 condition, its equivalence to the reverse HH older inequality, the left-openness of the A p condition etc., are no longer necessarily true when the underlying measure is allowed to have atoms. We call the measures that preserve these properties good measures. We investigate the class of good m...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Institutional and Theoretical Economics
سال: 2011
ISSN: 0932-4569
DOI: 10.1628/jite-2011-0008