David P Myatt — Academic Homepage of David P Myatt • Nuffield College • University of Oxford

Scandal, Protection, and Recovery in the Cabinet

February 28, 2007

by Torun Dewan and David P Myatt.
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American Political Science Review, 101(1), pp. 63-77, February 2007.
Abstract: Empirical evidence suggests that a prime minister benefits from firing ministers who are involved in political scandals. We explore a model in which scandals are positively related to policy activism, so that a prime minister may wish to protect [...]

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Collective Action: Current Perspectives

February 28, 2007

by David P Myatt.
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An entry in the second edition of the New Palgrave Dictionary of Economics, edited by Steve Durlauf and Larry Blume.
Abstract: Mancur Olson’s logic of collective action predicts that public-good provision is most likely to fail when the size of the consumer group is large; his public goods [...]

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Multiproduct Cournot Oligopoly

November 30, 2006

by Justin P Johnson and David P Myatt,
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RAND Journal of Economics, 37(3), Autumn 2006.
Abstract: We study a Cournot industry in which each firm sells multiple quality-differentiated products. We use an upgrades approach, working not with the actual products but instead with upgrades from one quality to the next. The properties of [...]

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On the Simple Economics of Advertising, Marketing, and Product Design

June 30, 2006

by Justin P Johnson and David P Myatt.
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American Economic Review, 96(3), pp 756-784, June 2006.
Abstract:
We propose a framework for analyzing transformations of demand. Such transformations frequently stem from changes in the dispersion of consumers’ valuations, which lead to rotations of the demand curve. In many settings, profits are a U-shaped function of dispersion. [...]

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The Evolution of Teams

December 1, 2005

by Chris Wallace and David P Myatt.
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Chapter 4 of Teamwork: An Interdisciplinary Perspective, pp. 78-101, edited by Natalie Gold, Palgrave MacMillan, New York, 2005.
Abstract: Team formation will often involve a coordination problem. If no-one else is contributing to a team, there is little point in an agent exerting any [...]

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Adaptive Play by Idiosyncratic Agents

July 31, 2004

by David P Myatt and Chris Wallace.
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Games and Economic Behavior, 48 (1), pp. 124-138, 2004.
Abstract: Equilibrium selection in coordination games has generated a large literature. Kandori, Mailath and Rob (Econometrica, 1993) and Young (Econometrica, 1993) studied dynamic models of aggregate behaviour where agents best-respond to observations of population play. Crucially, infrequent mistakes (“mutations”) allow [...]

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A Multinomial Probit Model of Stochastic Evolution

December 31, 2003

by David P Myatt and Chris Wallace.
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Journal of Economic Theory, 113 (2), pp. 286-301, December 2003.
Abstract: A strategy revision process in symmetric normal form games is proposed. Following Kandori et al. (Econometrica 61 (1993) 29), members of a population periodically revise their strategy choice, and choose a myopic best response to [...]

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