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  1. Rent, risk, and replication
    preference adaptation in winner take all markets
    Author: Wärneryd, Karl
    Published: 2001
    Publisher:  WZB, Berlin

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    DDC Categories: 330; 380; 650; 670; 330
    Series: Discussion papers / Wissenschaftszentrum Berlin für Sozialforschung ; 2001,10
    Subjects: Wettbewerb; Rent Seeking; Risikoverhalten; Evolutorische Wirtschaft; Theorie; Nichtkooperatives Spiel
    Other subjects: (stw)Wettbewerb; (stw)Rent-Seeking; (stw)Risikopräferenz; (stw)Evolutionsökonomik; (stw)Theorie; (stw)Nichtkooperatives Spiel; (thesoz)Ertrag; (thesoz)ökonomisches Modell; (thesoz)Risiko; (thesoz)Rentabilität; (thesoz)Wettbewerb; (thesoz)Kapitalmarkt; (thesoz)Kapitalanlage; Arbeitspapier; Graue Literatur; Buch; Online-Publikation; Als Aufsatz endgültig erschienen
    Scope: 28 S., graph. Darst., 30 cm
    Notes:

    Literaturverz. S. 26 - 28
  2. Rent, risk, and replication: preference adaptation in winner-take-all markets
    Author: Wärneryd, Karl
    Published: 2001

    Abstract: "We study the evolution of an economy where agents who are heterogeneous with respect to risk attitudes can either earn a certain income or enter a risky rent-seeking contest. We assume that agents behave rationally given their preferences,... more

     

    Abstract: "We study the evolution of an economy where agents who are heterogeneous with respect to risk attitudes can either earn a certain income or enter a risky rent-seeking contest. We assume that agents behave rationally given their preferences, but that the population distribution of preferences evolves over time in response to material pay-offs. We show that, in particular, initial distributions with full support converge to stationary states where all types may still be present, risk lovers specialize in rent-seeking, and the available rents are perfectly dissipated." (author's abstract)

     
    Export to reference management software   RIS file
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    oai:gesis.izsoz.de:document/11508
    DDC Categories: 330; 380; 650; 670; 330
    Series: Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und politische Ökonomie ; Bd. 01-10
    Subjects: Wettbewerb; Rent Seeking; Risikoverhalten; Evolutorische Wirtschaft; Theorie; Nichtkooperatives Spiel
    Other subjects: (stw)Wettbewerb; (stw)Rent-Seeking; (stw)Risikopräferenz; (stw)Evolutionsökonomik; (stw)Theorie; (stw)Nichtkooperatives Spiel; (thesoz)Ertrag; (thesoz)ökonomisches Modell; (thesoz)Risiko; (thesoz)Rentabilität; (thesoz)Wettbewerb; (thesoz)Kapitalmarkt; (thesoz)Kapitalanlage; Arbeitspapier; Graue Literatur; Buch; Online-Publikation; Als Aufsatz endgültig erschienen
    Scope: Online-Ressource, 28 S.
    Notes:

    Veröffentlichungsversion