Games of Competition in a Stochastic Environment
✍ Scribed by Judith Avrahami; Werner Güth; Yaakov Kareev
- Publisher
- Springer US
- Year
- 2005
- Tongue
- English
- Weight
- 200 KB
- Volume
- 59
- Category
- Article
- ISSN
- 0040-5833
No coin nor oath required. For personal study only.
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We oer a formulation that locates hubs on a network in a competitive environment; that is, customer capture is sought, which happens whenever the location of a new hub results in a reduction of the current cost (time, distance) needed by the trac that goes from the speci®ed origin to the speci®ed de
This paper is a contribution to the basic philosophy of the stochasticity-chaos relation, inasmuch as chaos means unpredictability of the evolution, and any stochastic noise, in turn, means random vibrations, that is, another unpredictability. So it is reasonable to seek relations between the key pa