Market competition may lead to mismatch between supply and demand. That is, overpricing may give rise to underselling, and underpricing may yield stockout. Capacity sharing is a common practice to align excessive capacity with excessive demand. Yet the strategic interaction between competition and capacity sharing has not been adequately addressed. In this paper we investigate optimal strategie...

This paper reports on an experiment testing whether a particular repre sentation of robotic control processes is adequate for capturing signi cant variations in robot behavior These variations can then be explored by a selectionist mechanism that generates and tests variations An ecosystem modeled after a physical robotic ecosystem is introduced The ecosystem contains a robot that occasionally ...

Crawford and Haller (1990) describe a repeated two-player coordination game defined by the absence of a common language. Coordination is achieved only through path dependent play relying on time consistent labels. We consider a game played by a large population similarly looking to coordinate but without the consistency in labels over time and with asymmetric coordinated payoff so that players ...