Artikel
Lyapunov stability in an evolutionary game theory model of the labour market
In this paper the existence and stability of equilibriums in an evolutionary game theory model of the labour market is studied by using the Lyapunov method. The model displays multiple equilibriums and it is shown that the Nash equilibriums of the static game are evolutionary stable equilibrium in the game theory evolutionary set up. A complete characterization of the dynamics of an evolutionary model of the labour market is provided.
- Sprache
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Englisch
- Erschienen in
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Journal: EconomiA ; ISSN: 1517-7580 ; Volume: 15 ; Year: 2014 ; Issue: 1 ; Pages: 41-53 ; Amsterdam: Elsevier
- Klassifikation
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Wirtschaft
Informal Economy; Underground Economy
Job, Occupational, and Intergenerational Mobility; Promotion
Stochastic and Dynamic Games; Evolutionary Games; Repeated Games
- Thema
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Evolutionary game theory approach
Labour market
Informal economy
Lyapunov function
- Ereignis
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Geistige Schöpfung
- (wer)
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Araujo, Ricardo Azevedo
Moreira, Helmar Nunes
- Ereignis
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Veröffentlichung
- (wer)
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Elsevier
- (wo)
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Amsterdam
- (wann)
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2014
- DOI
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doi:10.1016/j.econ.2014.03.006
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Araujo, Ricardo Azevedo
- Moreira, Helmar Nunes
- Elsevier
Entstanden
- 2014