Blar i Vitenskapelige publikasjoner (SV-IMS) på emneord "discounting"
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Exchange, raiding, and the shadow of the future
(Journal article; Peer reviewed, 2008-04)A two-period exchange model is developed where production decisions in the first period determine the amount of resources available in the second period. Each agent allocates resources to defend its production and attack ... -
Reputation, incomplete information, and differences in patience in repeated games with multiple equilibria
(Journal article; Peer reviewed, 2007)A game with multiple equilibria and incomplete information, which allows for reputation building, is repeated infinitely many times. Increasing differences in patience contribute to a greater likelihood of cooperation. As ... -
Stubbornness, power, and equlibrium selection in repeated games with multiple equilibra
(Journal article; Peer reviewed, 2007-03)Axelrod’s [(1970), Conflict of Interest, Markham Publishers, Chicago] index of conflict in 2 × 2 games with two pure strategy equilibria has the property that a reduction in the cost of holding out corresponds to an increase ... -
The impact of the future in games with multiple equilibria
(Journal article; Peer reviewed, 2007-08)The article shows that in a game with multiple equilibria, where one player estimates that there is at least a minuscule probability that the other player acquiesces, then conflict is inevitable if both players value the ...