منابع مشابه
Long run equilibria in an asymmetric oligopoly
Consider an oligopolistic industry composed of two groups (or populations) of firms, the low cost firms and the high cost firms. The firms produce a homogeneous good. I study the finite population evolutionarily stable strategy defined by Schaffer (1988), and the long run equilibrium in the stochastic evolutionary dynamics based on imitation and experimentation of strategies by firms in each gr...
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Previous work shows that reputation results may fail in repeated games between two long-run players with equal discount factors. We restrict attention to an infinitely repeated game where two players with equal discount factors play a simultaneous move stage game where actions of player 2 are imperfectly observed. The set of commitment types for player 1 is taken as any (countable) set of finit...
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Due to the fact that in recent years, Iran has faced severe fluctuations and shocks from macroeconomic variables, the household utility has changed. Undoubtedly, without studying and researching the effects of these shocks on household utility, appropriate solutions cannot be provided to reduce its adverse consequences. Therefore, in the first stage, this study has extracted the household utili...
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ژورنال
عنوان ژورنال: Computational Economics
سال: 2019
ISSN: 0927-7099,1572-9974
DOI: 10.1007/s10614-019-09903-0