So the calculations of the Nash equilibrium show they would likely both confess. Nash won the Nobel Prize for Economics for his work. His life story was 49___ into the movie A Beautiful Mind in 2001.“John’s achievements 50___ mathematicians, economists and scientists,” said Christopher...
We first consider a simple scenario of simultaneous move games, where we show that the unique Bayes-Nash equilibrium is where both devices spread their ... S Adlakha,R Johari,A Goldsmith - 《Computer Science》 被引量: 118发表: 2007年 Robust Equilibria in Indefinite Linear-Quadratic Differential...
In this paper, we provide some further evidence on the conditions under which E€"stability of a particular equilibrium might fail to imply its stochastic gradient (SG) or generalized SG learnability. We also claim that the requirement on the speed of convergence of the learning process imposed ...
The purpose of this paper is to present a new solution concept of stable equilibrium in beliefs ( SEB) by assuming it is common knowledge that players are uncertainty averse in the sense of Gilboa and Schmeidler (1989. Journal of Mathematical Economics 18, 141–153). By making use of an ...
Nash Equilibrium Chapter © 2018 Continuous selections and collectively fixed point theory with applications to generalized games Article 11 November 2022 Fixed Point Theorems Chapter © 2018 Author information Authors and Affiliations Department of Economics, University of Western Ontario, London, ...
The nation will maintain basic equilibrium in the balance of payments and better synchronize the income growth of residents and economic growth, they added. The meeting reaffirmed the need to adopt a moderately loose monetary policy next year, including the rollout of rate cuts and cuts in the ...
In this paper, we provide some further evidence on the conditions under which E€"stability of a particular equilibrium might fail to imply its stochastic gradient (SG) or generalized SG learnability. We also claim that the requirement on the speed of convergence of the learning process imposed ...
An example is given of a stable equilibrium of a deterministic discrete-generation two-locus, two-allele, model at which marginal (or induced) underdominance holds. The example was found by using a numerical search procedure that involved picking random equilibria and finding possible fitnesses that...
One impediment to such a theory is the so-called chaos theorem which suggests that existence of a political equilibrium is non-generic. This paper surveys results in the theory of dynamical systems, emphasizing the role of structural stability and chaos. We consider models of celestial mechanics ...
distorting shock is likely to have a greater effect on the exchange rate during periods when the deviation between exchange rate and fundamentals is large; as a consequence, when the exchange rate is close to its equilibrium value it tends to be less sensitive to any shocks in the fundamentals...