Titlebook: Dynamic Analysis in Complex Economic Environments; Essays in Honor of C Herbert Dawid,Jasmina Arifovic Book 2021 Springer Nature Switzerlan

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Christoph Bronder,Rudolf Pritzligate how a Nash equilibrium among agents who have moral scruples may ensure that the exploitation of a common-property renewable resource is Pareto efficient at every point of time. Secondly, we outline a prototype model that shows, in an overlapping generation framework, how a community’s sense of

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Christoph Bronder,Rudolf Pritzle the consequences of policy decisions involving capital controls easily predictable, or more complicated than may have been anticipated? We will answer the above questions by investigating the macroeconomic dynamics of a small open economy. In recent years, these matters have become particularly im

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Christoph Bronder,Rudolf Pritzloeconomy. Capital requirements are derived from alternative systemic risk metrics that reflect both the vulnerability and impact of financial institutions. Our objective is to explore how systemic risk measures could be translated into capital requirements and test them in a comprehensive framework.

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Wegweiser für Strategische Allianzen in the wage setting. We think of de-centralization as wages being a weighted average of an economy-wide ‘union wage’ and a firm-specific component depending on the firm’s productivity and the experienced tightness of the labor market. Starting from a baseline scenario, corresponding to a high degre

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Dynamic Analysis in Complex Economic Environments978-3-030-52970-3Series ISSN 1566-0419 Series E-ISSN 2363-8370

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https://doi.org/10.1007/978-3-030-52970-3Economic Dynamics; Multi-agent Models; Optimal Control; Policy Design; Systemic Risk; Computational Econo

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Cross-Bidding in eBay-like Environments,are assumed to observe privately and without error, their valuations from the onset and the objects are imperfect substitutes. Our analysis shows that cross-bidding and nibbling might reduce significantly the variability in the bidder’s surplus.

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