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Innovation in times of Covid-19
We assess differences by field of technology (at the CPC subclass level) as well as the impact of direct and indirect relevance for the management of the pandemic.
Epidemics in modern economies
The example of the Covid-19 pandemic is used to illustrate the theoretical aspects, but the article also includes considerations concerning other historic epidemics and the danger of more infectious and less controllable outbreaks in the future.
Best-response dynamics, playing sequences, and convergence to equilibrium in random games
By contrast, when the playing sequence is random, the dynamic converges to a pure Nash equilibrium if one exists in almost all (large) games.
Growth, development, and structural change at the firm-level: The example of the PR China
China, we also show that there are systematic relations between micro-level and province-level variables.
The Frequency of Convergent Games under Best-Response Dynamics
Generating payoff matrices of normal-form games at random, we calculate the frequency of games with a unique pure strategy Nash equilibrium in the ensemble of $n$-player, $m$-strategy games.
Measuring productivity dispersion: a parametric approach using the Lévy alpha-stable distribution
It is well-known that value added per worker is extremely heterogeneous among firms, but relatively little has been done to characterize this heterogeneity more precisely.
