Show simple item record Sandiumenge Boy, Màxim 2019-07-03T11:34:34Z 2019-07-03T11:34:34Z 2019
dc.description Treball de Fi de Grau en Economia. Curs 2018-2019
dc.description.abstract Rules of thumb, deviations from the standard objective functions, or explicit cognitive bounds have been introduced in Industrial Organization to tackle irrationality. At the same time, a considerable literature has been extending level-k since Nagel (1995), but little has been done on its application outside experimental settings. To address this we define a model of boundedly rationality and we apply it to a Cournot competition game, finding that the accuracy of anticipation and the distribution of level 0 players’ action play a critical role in explaining which firms become larger in dynamic settings.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.subject.other Treball de fi de grau – Curs 2018-2019
dc.subject.other Cournot, A. A. (Antoine Augustin), 1801-1877
dc.subject.other Anticipacions racionals (Teoria econòmica)
dc.subject.other Macroeconomia
dc.subject.other Competència econòmica|
dc.title Competition à la Cournot with bounded rationality
dc.type info:eu-repo/semantics/bachelorThesis
dc.rights.accessRights info:eu-repo/semantics/openAccess

This item appears in the following Collection(s)

Show simple item record

Search DSpace

Advanced Search


My Account


Compliant to Partaking