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Type interaction models and the rule of six

dc.contributor.authorPage, Scott E.en_US
dc.date.accessioned2006-09-11T16:33:04Z
dc.date.available2006-09-11T16:33:04Z
dc.date.issued2005-11-11en_US
dc.identifier.citationPage, Scott E; (2005 ). "Type interaction models and the rule of six." Economic Theory ( ): 1-19. <http://hdl.handle.net/2027.42/45856>en_US
dc.identifier.issn0938-2259en_US
dc.identifier.issn1432-0479en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/45856
dc.description.abstractIn this paper, I describe and analyze a class of type interaction models. In these models, an infinite population of agents with discrete types interact in groups of fixed size and possibly change their types as a function of those interactions. I then derive conditions for these models to produce multiple equilibria. These conditions demonstrate a trade off between the number of types and the size of the interacting groups. For deterministic interaction rules, I derive the rule of six : the number of agent types plus the group size must be at least six in order to support multiple equilibria given a spanning assumption.en_US
dc.format.extent175254 bytes
dc.format.extent3115 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypetext/plain
dc.language.isoen_US
dc.publisherSpringer-Verlag; Springeren_US
dc.subject.otherInteractionsen_US
dc.subject.otherMultiple Equilibriaen_US
dc.subject.otherDynamicsen_US
dc.subject.otherC00en_US
dc.titleType interaction models and the rule of sixen_US
dc.typeArticleen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbtoplevelBusinessen_US
dc.description.peerreviewedPeer Revieweden_US
dc.contributor.affiliationumCenter for the Study of Complex Systems, Departments of Political Science and Economics, The University of Michigan, Ann Arbor, MI, 48109, USA,en_US
dc.contributor.affiliationumcampusAnn Arboren_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/45856/1/199_2005_Article_52.pdfen_US
dc.identifier.doihttp://dx.doi.org/10.1007/s00199-005-0052-8en_US
dc.identifier.sourceEconomic Theoryen_US
dc.owningcollnameInterdisciplinary and Peer-Reviewed


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