LIAAD - Indexed Articles in Journals

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Browsing LIAAD - Indexed Articles in Journals by Author "Accinelli,E"
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    Evolutionary dynamics for the generalized Baliga–Maskin public good model
    ( 2019) Luís Filipe Martins ; Accinelli,E ; Pinto,AA ; 5973
    The problem of the consumption or provision of common and public goods is a well known and well studied problem in economic sciences. The nature of the problem is the existence of non-excludable externalities which gives rise to incentives to free-riding behaviour. There are several economical frameworks trying to deal with the problem such as coalition theory or mechanism design and implementation theory to ensure a Pareto efficient consumption or provision of such good. Baliga and Maskin considered an environmental game where several communities face a problem of pollution reduction. They show that all communities except one of them have incentives to act as a free-rider, i.e. only one community is willing to face the costs that air cleaning implies, namely the one with greatest preference for the good. In this work we introduce an adaptive evolutionary dynamics for the generalization of the Baliga–Maskin model to quasi-linear utility functions. We show that the Baliga–Maskin equilibrium is the only asymptotically stable dynamical equilibrium, all others being unstable. This result reasserts the problem of free-riding and externalities for the case of a common good in a dynamically/evolutionary setting, and reiterates the relevance of mechanism design and coalition formation in the context of dynamical models. © 2019
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    Evolutionary Game Theory: A Generalization of the ESS Definition
    ( 2019) Luís Filipe Martins ; Accinelli,E ; Oviedo,J ; 5973
    In this paper, we study the concept of Evolutionarily Stable Strategies (ESSs) for symmetric games with n = 3 players. The main properties of these games and strategies are analyzed and several examples are provided. We relate the concept of ESS with previous literature and provide a proof of finiteness of ESS in the context of symmetric games with n = 3 players. We show that unlike the case of n = 2, when there are more than two populations an ESS does not have a uniform invasion barrier, or equivalently, it is not equivalent to the strategy performing better against all strategies in a neighborhood. We also construct the extended replicator dynamics for these games and we study an application to a model of strategic planning of investment. © 2019 World Scientific Publishing Company.
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    Evolutionary Game Theory: A Generalization of the ESS Definition
    ( 2019) Luís Filipe Martins ; 5973
    In this paper, we study the concept of Evolutionarily Stable Strategies (ESSs) for symmetric games with n = 3 players. The main properties of these games and strategies are analyzed and several examples are provided. We relate the concept of ESS with previous literature and provide a proof of finiteness of ESS in the context of symmetric games with n = 3 players. We show that unlike the case of n = 2, when there are more than two populations an ESS does not have a uniform invasion barrier, or equivalently, it is not equivalent to the strategy performing better against all strategies in a neighborhood. We also construct the extended replicator dynamics for these games and we study an application to a model of strategic planning of investment. © 2019 World Scientific Publishing Company.
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    The power of voting and corruption cycles
    ( 2020) Luís Filipe Martins ; Oliveira,BMPM ; Accinelli,E ; Afsar,A ; Pinto,AA ; 5973