search query: @indexterm Evolutionary games / total: 12
reference: 5 / 12
| Author: | Kosfeld, M. |
| Title: | Why shops close again: an evolutionary perspective on the deregulation of shopping hours |
| Journal: | European Economic Review
2002 : JAN, VOL. 46:1, p. 51-72 |
| Index terms: | DEREGULATION EVOLUTIONARY GAMES SHOPS TRADING HOURS |
| Language: | eng |
| Abstract: | This paper introduces a new perspective on the deregulation of shopping hours based on ideas from evolutionary game theory. The authors study a retail economy where shopping hours have been deregulated recently. It is argued that first, the deregulation leads to a coordination problem between store owners and customers, and second, the "solution" to this problem depends on the specific cost structure of stores and the preferences of customers. |
SCIMA