Essays about: "Nash equilibrium"

Showing result 21 - 22 of 22 essays containing the words Nash equilibrium.

  1. 21. Wildlife management on communal land in Namibia : an economic approach

    University essay from SLU/Dept. of Economics

    Author : Johanna Forslund; [2007]
    Keywords : wildlife management; common property resource management; collective property rights; economic incentives; human-wildlife conflicts HWC ;

    Abstract : In this paper the anti-poaching effects achieved under the actual implementation of the economically-based system for management and utilization of wildlife (Community Based Natural Resource Management, CBNRM) initiated in Namibia in 1995, is theoretically contrasted to the intended policy design. By contrasting a Nash equilibrium, where the park agency and the local community act like competitors rather than companions, to a collusive equilibrium, where the two actors work together as a united entity, more local anti-poaching activities is found in the latter case. READ MORE

  2. 22. Dilemma: - A Game Theoretic Approach to Addiction

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Dilan Ölcer; [2007]
    Keywords : Addiction; coordination games; countable infinite player sets; tail events; lack of Nash equilibrium;

    Abstract : Alcoholics Anonymous encourages its members, people who have difficulties to control their alcohol consumption, to refrain from drinking on the basis of “one day at the time”. Meanwhile, we know that one more or one less drink will not determine whether a person becomes addicted. READ MORE