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econ.GN2021
Epidemics in modern economies
Torsten Heinrich
How are economies in a modern age impacted by epidemics? In what ways is economic life disrupted? How can pandemics be modeled? What can be done to mitigate and manage the danger?…
econ.TH2021
Best-response dynamics, playing sequences, and convergence to equilibrium in random games
Torsten Heinrich, Yoojin Jang, Luca Mungo +4
We analyze the performance of the best-response dynamic across all normal-form games using a random games approach. The playing sequence -- the order in which players update their…