نتایج جستجو برای: indeterminacy state

تعداد نتایج: 859062  

Journal: :Contemporary Music Review 2021

Folk Song Lab uses interactive group sessions to explore different ways by which improvisation stimulates an attitude towards the song it is understood as a cognitive framework that recreated singer in performance moment. It takes its point of origin certain conceptual qualities found traditional folk and improvisation, stimulated using flow-inducing concepts (Csikszentmihalyi 1990. Flow: The P...

Journal: :J. Economic Theory 2002
Kazuo Nishimura Alain Venditti

We consider a two-sector economy with positive intersectoral external effects and nonincreasing social returns. We show that if the discount factor r is close to 1 then local indeterminacy may be obtained with mild market imperfections. Moreover, with additional conditions, when r is made smaller the steady state becomes totally unstable and quasi-periodic cycles, along which equilibrium paths ...

2016
Cristina Bicchieri

Much of the history of game theory has been dominated by the problem of indeterminacy. The very search for better versions of rationality, as well as the long list of attempts to refine Nash equilibrium, can be seen as answers to the indeterminacy that has accompanied game theory through its history. More recently, the experimental approach to game theory has attempted a more radical solution: ...

2007
Paul A. Roth

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Journal: :Annales UMCS, Informatica 2004
Miroslaw Hajder Andrzej Paszkiewicz

As on the stage systems and networks operation, part of the parameters which are taken into consideration in the design process change its meaning, the project formed earlier can not satisfy the requirements. It is necessary to respect a variability at the time of selected system or network characteristics in the design process. The authors propose a method introducing an indeterminacy to the d...

2009
Carine NOURRY Alain VENDITTI

We consider a two-sector two-periods overlapping generations model with inelastic labor, consumption in both periods of life and homothetic CES preferences. Assuming gross substitutability and a capital intensive consumption good, we prove that when dynamic efficiency holds, local indeterminacy and sunspot fluctuations occur with low enough values for the sectoral elasticities of capital-labor ...

2014
Jang-Ting Guo Sharon G. Harrison

This paper quantitatively examines the empirical plausibility of equilibrium indeterminacy and sunspot-driven cyclical fluctuations in a real business cycle model with two distinct production sectors that yield consumption and investment goods, together with separable or non-separable preferences. When calibrated to match the observed progressivity of the U.S. federal individual income tax sche...

Journal: :CoRR 2017
Robin Nicole Peter Sollich

We study the distribution of strategies in a large game that models how agents choose among different double auction markets. We classify the possible mean field Nash equilibria, which include potentially segregated states where an agent population can split into subpopulations adopting different strategies. As the game is aggregative, the actual equilibrium strategy distributions remain undete...

2009
Eric W. Bond Robert A. Driskill

We extend the Jones (1971) analysis of the effects of distortions in static 2x2 trade models to the case of a two sector dynamic general equilibrium model of a small open economy with capital accumulation. In contrast to the short run results, the direction of impact of factor market distortions on steady state values do not depend on the value and physical intensity ranking of the sectors. How...

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