over the past three decades vertical price transmission analysis has been the subject of considerable attention in applied agricultural conomics. it has been argued that the existence of asymmetric price transmission generates rents for marketing and processing agents. retail prices allegedly move faster upwards than downwards in response to farm level pricemovements. this is an important issue...

We study the evolution of mixed strategies in population games. At any time, the distribution of mixed strategies over agents in a population is described by a density function. A pair of players is chosen randomly in each round of the game. After each round, players update their mixed strategies using certain reinforcement driven rules. The distribution over mixed strategies thus changes. In a...

Inspired by the interactive discrete choice logit models [Aggarwal, 2019], this paper presents the advanced families of discrete choice models, such as nested logit, mixed logit, and probit models to consider the interaction among the attributes. Besides the DM's attitudinal character is also taken into consideration in the computation of choice probabilities. The proposed choice models make us...

Abstract The theory of option games being the combination of two successful theories, namely real options and game theory, has a great potential to applications in many real situations. Although the option games literature is very recent, it has been experimenting a fast growth in the last five years. It considers in the same model, besides the key factors for investment decisions such as uncer...