Do soccer players play the mixed-strategy Nash equilibrium? We use a laboratory experiment to study the extent to which investors' choices are affected by limited loss deduction in income taxation. We first compare ... OH Azar,M Bar-Eli - 《Applied Economics》 被引量: 31发表: 2009年 FPTAS...
Evolutionary stable strategies must satisfy pure-policy Nash equilibria while other forms of Nash equilibria are unlikely to be stable strategies in the system [58]. 𝐸5(𝑥0,𝑦0)E5(x0,y0) represents the Nash equilibrium of the mixed strategy, which is unlikely to be the stable point of...
Guided by a moral code, members of one population, the Trustors, are willing to punish members of the other population, the Trustees, who defect. Under replicator dynamics, adherence to the moral code has unstable oscillations around an interior Nash Equilibrium (NE), but under smoothed best ...
games with and without cost reduction and find that observed choice frequencies appear to be similar to those predicted by the purely mixed-strategy subgame perfect Nash equilibrium in the case with cost reduction, such that it is possible that mixed strategies were used by the players in that ...
Game theory pays attention to the study of equilibrium state, ignoring the process of reaching equilibrium, and holds that the game can directly reach Nash equilibrium once. It also ignores the issue of time, emphasizes the equilibrium of the agent at the moment. Evolutionary game assumes bounded...
We donot consider our firms irrational either but as constrained to find decision rules in response to their own perception of the consumers’ limited information about themselves. From a theoretical point of view, we are not the first to envision such a problem (Spiegler, 2006). However, the...
Can't find Question Title on Elicit 99% Clever Utility Function An argument can be made that fundamentally, all intelligence is just reinforcement learning. That is to say, any problem can be reduced to defining a utility function and the maximizing the value of that utility function...
Guided by a moral code, members of one population, the Trustors, are willing to punish members of the other population, the Trustees, who defect. Under replicator dynamics, adherence to the moral code has unstable oscillations around an interior Nash Equilibrium (NE), but under smoothed best ...
If consumers choose to waste, the correct consumption concept will bring a negative benefit to them. Consumer waste leads to increased costs for the government to maintain food security and manage the environment 𝐺G. Based on the above assumptions, the mixed strategy game matrix of the ...