The open method of coordination (OMC) as an evolutionary learning process

Arbeitspapier

We interpret the Open Method of Coordination (OMC), recently adopted by the EU as a mode of governance in the area of social policy and other fields, as an imitative learning dynamics of the type considered in evolutionary game theory. The best-practise feature and the iterative design of the OMC correspond to the behavioral rule 'imitate the best.' In a redistribution game with utilitarian governments and mobile welfare beneficiaries, we compare the outcomes of imitative behavior (long-run evolutionary equilibrium), decentralized best-response behavior (Nash equilibrium), and coordinated policies. The main result is that the OMC allows policy coordination on a strict subset of the set of Nash equilibria, favoring in particular coordination on intermediate values of the policy instrument.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Diskussionsbeitrag ; No. 416

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Intergovernmental Relations; Federalism; Secession ; State and Local Government: Health; Education; Welfare; Public Pensions ; Stochastic and Dynamic Games; Evolutionary Games; Repeated Games
• Thema: Open Method of Coordination ; Finite-population Evolutionarily Stable Strategy ; Imitation ; Mobility ; Redistribution ; EU-Politik ; Internationale wirtschaftspolitische Koordination ; Evolutionäre Spieltheorie ; Theorie ; EU-Staaten

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ania, Ana B. ; Wagener, Andreas
• Ereignis: Veröffentlichung
• (wer): Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät
• (wo): Hannover
• (wann): 2009

Weitere Informationen

• Handle: http://hdl.handle.net/10419/37120
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ