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Search Results for coordination games
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History of Political Economy (2000) 32 (1): 177–178.
Published: 01 March 2000
...-game theory,” which maintains that, given a common interest in coordination, particular countries will seek to establish “focal points” that best serve their individual interests. The ﬁrst explanation suggests that no international coordination...
History of Political Economy (1993) 25 (2): 209–240.
Published: 01 June 1993
... framework for the representation of the cognitive performances of agents. See Dupuy 1989, 55. 8. The classic representation of a coordination game with two players and two strategies is the following: player 2 AB player 1 l...
History of Political Economy (2015) 47 (1): 151–184.
Published: 01 March 2015
..., Sergio Cremaschi, Heinz D. Kurz, Andrea Maneschi, and two anonymous referees of this journal for their valuable comments on a previous version of this article. Copyright 2015 by Duke University Press 2015 Thomas Robert Malthus David Ricardo Corn Laws international trade coordination games...
History of Political Economy (2000) 32 (1): 181–185.
Published: 01 March 2000
History of Political Economy (2008) 40 (1): 111–132.
Published: 01 March 2008
.... If the Harsanyi-Schelling on Symmetry / Innocenti 121 latter kind of interdependency is taken into account, players coordinate their expectations by exploiting all the clues made available by the play of the game. Focal points are therefore the proposal of the concepts of shared prominence or salience...
History of Political Economy (1992) 24 (Supplement): 165–175.
Published: 01 December 1992
... like this: (Game 2) Figure 2 illustrates the ensuing discussion. Observe that C3 is below C with coordinates (1,O; 1) and above D with coordinates (1/4,3/4; 5/2). Hence the minimum function must now add the piercing point H,delete...
History of Political Economy (2006) 38 (Suppl_1): 189–212.
Published: 01 December 2006
... of Learning in N-Person Games with the Wrong N. In Frontiers in Game Theory , edited by K. Binmore, A. P. Kirman, and P. Tani. Cambridge, Mass.: MIT Press. Clower, R. W. 1955 . Competition, Monopoly, and the Theory of Price. Pakistan Economic Journal , pp. 219 -26. Debreu, G. 1974 . Excess Demand...
History of Political Economy (2021) 53 (5): 925–947.
Published: 01 October 2021
..., Welfare, and the Monopoly Game in Harold Hotelling s Economic Thought Thomas Michael Mueller The coordination of individuals through an unconscious, welfare-enhancing mechanism has always been the core challenge of a market economy and the main matter of dispute in the history of economics. The problem...
History of Political Economy (2011) 43 (2): 423–428.
Published: 01 June 2011
... . Coordinated Punishment of Defectors Sustains Cooperation and Can Proliferate When Rare . Science 328 : 617 – 20 . Burkert Walter . 1996 . Creation of the Sacred: Tracks of Biology in Early Religions . Cambridge : Harvard University Press . Chernyshevsky Nikolai .  1989...
History of Political Economy (2021) 53 (4): 697–720.
Published: 01 August 2021
... adopts a nearly blind faith in the price mechanism to coordinate rational agents in an exchange economy. As a historian and political philosopher, as much as an economist, when faced with the rapid evolution of the English indus- trial system, he began to denounce with increasing severity the intolerable...
History of Political Economy (2014) 46 (3): 435–461.
Published: 01 September 2014
... E. M. 1939 . “ The Soviet Conception of Economic Equilibrium .” Review of Economic Studies 6 ( 2 ): 127 – 46 . Codenotti Bruno Varadarajan Kasturi . 2007 . “ Computation of Market Equilibria by Convex Programming .” In Algorithmic Game Theory , edited by Nisan Noam...
History of Political Economy (1991) 23 (4): 687–712.
Published: 01 November 1991
... Economics: The Search for First Principles . London: Allen & Unwin. Cooper , R. , and A. John 1988 . Coordinating Coordination Failures in Keynesian Models. Quarterly Journal of Economics 103 : 441 -63. Davidson , P. 1983 . Rational Expectations: Fallacious Foundation for Studying...
History of Political Economy (2010) 42 (1): 155–192.
Published: 01 March 2010
... for general equilibrium to be present in Smith and yet, for his system to be an alternative to, rather than a precursor of, modern economics. I will show that coordination is crucial in both systems although the narratives that produce it are fundamentally different. I will argue that in the end...
History of Political Economy (1985) 17 (2): 309–321.
Published: 01 June 1985
... CCC 00 18-2702/85/$1.50 Intertemporal coordination and the invisible hand: an Austrian perspective on the Keynesian vision Roger W. Garrison I. Introduction This article offers a critical evaluation of Keynes’ General theory from an Austrian’ perspective...
History of Political Economy (2011) 43 (3): 513–536.
Published: 01 September 2011
... Theories and Aggregate Labor-Market Fluctuations . American Economic Review 82 : 430 – 50 . Cooper R. W. John A. . 1988 . Coordinating Coordination Failures in Keynesian Models . Quarterly Journal of Economics 103 : 441 – 63 . d’Aspremont C. Ferreira R. Dos Santos Gérard...
History of Political Economy (2003) 35 (3): 575–577.
Published: 01 September 2003
..., Schultz demonstrates that people will have every incentive to pursue any means possible to secure advantage, since to do so yields a beneﬁt in this strategic game. Perfect information doesn’t solve this prob- lem; instead, it leads to paralysis (54). The solution lies in boundaries set by moral...
History of Political Economy (1991) 23 (S1): 143–178.
Published: 01 December 1991
... differences over whether an increase in com- modity prices was a necessary preliminary to the reestablishment of ex- change stability (Pasvolsky 1933) and because the French, who wanted a coordinated policy of reflation, were unable to make it worth the while of Britain and the United States to commit...
History of Political Economy (2018) 50 (3): 425–481.
Published: 01 September 2018
... community came to use several modeling strategies, including overlapping generation models, the Arrow-Debreu framework with restricted participation, game theory, and chaotic dynamics. They also developed overlapping yet distinct vocabularies, including terms such as sunspots , animal spirits , and self...
History of Political Economy (1998) 30 (3): 369–412.
Published: 01 September 1998
... of Evolutionary Economics 7 . 2 : 147 -67. Nightingale , J. 1998 . Information and Coordination in an Effective Competitive Process: Downie's Evolutionary Model as a Means of Resolving Richardson's Problem with Competition in the Context of Post-Marshallian Economics. In Economic Organization...
History of Political Economy (1980) 12 (2): 267–276.
Published: 01 June 1980
... with each other within the context of what is now called a cooperative game. The making and breaking of provisional contracts provides a free flow of information within the market; and if the number of competitors is sufficiently large the solu- tion of such a game exactly corresponds...