About Per SE

Commentary and research on current events and public policy by economists from the University of the Philippines
Posts tagged "cooperation"

Behavioral Polymorphism in Bayesian Games

In this paper, we introduce behavioral polymorphism into Bayesian games. The multiplicity of behavioral types have become increasingly recognized and studied. Agents ascribe to each other a probability distribution across the possible types. They then choose the appropriate type as response to the possible type of the others which type determines the choice of strategy....

N-Poly Viability and Conglopolistic Competition in Small Emerging Market

The economic catch-up of the East Asian region went hand-in-hand with the emergence and even dominance of large quasi-state or private conglomerates. Such for example were the Zaibatsus in the pre-WWII and the Keiretsus of the post-WWII Japan and the Chaebols of South Korea.