Cournot competition, organization and learning

Article Abstract:

A study on how organizations learn to estimate the optimal output over time as a function of the environmental dynamics, networks that are optimal for each level of environmental complexity, and the equilibrium industry structure is presented. For this purpose three interrelated issues, the role of learning in the adjustment process toward equilibrium, the role of organizational structure in the firm's decision making and the role of changing environmental conditions on learning and output decisions are considered.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

The timing of stabilizations

Article Abstract:

The stabilization from high inflation in a stochastic setting is analyzed using a unified framework based on Dornbusch's recent work. One advantage of this method is that it facilitates the analysis of questions previously thought of to be unrelated. The results indicate that speculative activity contributes to the delay in the implementation of stabilization decisions.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

A multi-agent model for decscribing transhumance in North Cameroon: Comparison of different rationality to develop a routine

Article Abstract:

The multi-agent model is applied to nomads in Cameroon making decisions about rangeland access. Central elements were flexibility in decision making and regualrity in meetings. The model indicates large differences in rationales.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: