שלחו לחבר

Altruism in Tullock Competition - Part 2

Speaker
Orel Zahojay
Date
08/11/2021 - 09:00 - 08:30Add To Calendar 2021-11-08 08:30:00 2021-11-08 09:00:00 Altruism in Tullock Competition - Part 2 An equilibrium result may depend on the social benefit, which depends on the behavior and actions of each player, or in other words, the way in which each player weighs his or her benefit in relation to the social benefit. The work examines the effect of altruism as part of the equilibrium strategy on social welfare function in Tullock's model (Tullock, 1980), and in the model of Epstein et al. (2007), equilibrium stability in each of the models and whether these two results go hand in hand. Seminar Room, Department of Economics אוניברסיטת בר-אילן - המחלקה לכלכלה Economics.Dept@mail.biu.ac.il Asia/Jerusalem public
Place
Seminar Room, Department of Economics
Affiliation
Bar-Ilan University
Abstract

An equilibrium result may depend on the social benefit, which depends on the behavior and actions of each player, or in other words, the way in which each player weighs his or her benefit in relation to the social benefit. The work examines the effect of altruism as part of the equilibrium strategy on social welfare function in Tullock's model (Tullock, 1980), and in the model of Epstein et al. (2007), equilibrium stability in each of the models and whether these two results go hand in hand.

תאריך עדכון אחרון : 06/11/2021