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EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/26646
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Ania, Ana B. | | en_US |
| dc.contributor.author | | Wagener, Andreas | | en_US |
| dc.date.accessioned | | 2009-04-20 | | en_US |
| dc.date.accessioned | | 2009-07-28T08:49:22Z | | - |
| dc.date.available | | 2009-07-28T08:49:22Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/26646 | | - |
| dc.description.abstract | | We interpret the Open Method of Coordination (OMC), recently adopted by the EU as a mode of governance in the area of social policy and other fields, as an imitative learning dynamics of the type considered in evolutionary game theory. The best-practise feature and the iterative design of the OMC correspond to the behavioral rule imitate the best. In a redistribution game with utilitarian governments and mobile welfare beneficiaries, we compare the outcomes of imitative behavior (long-run evolutionary equilibrium), decentralized best-response behaviour (Nash equilibrium), and coordinated policies. The main result is that the OMC allows policy coordination on a strict subset of the set of Nash equilibria, favoring in particular coordination on intermediate values of the policy instrument. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CESifo München | | en_US |
| dc.relation.ispartofseries | | CESifo working paper 2601 | | en_US |
| dc.subject.jel | | H77 | | en_US |
| dc.subject.jel | | H75 | | en_US |
| dc.subject.jel | | C73 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Open Method of Coordination | | en_US |
| dc.subject.keyword | | Finite-population Evolutionarily Stable Strategy | | en_US |
| dc.subject.keyword | | imitation | | en_US |
| dc.subject.keyword | | mobility | | en_US |
| dc.subject.keyword | | redistribution | | en_US |
| dc.subject.stw | | EU-Politik | | en_US |
| dc.subject.stw | | Internationale wirtschaftspolitische Koordination | | en_US |
| dc.subject.stw | | Evolutionäre Spieltheorie | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.subject.stw | | EU-Staaten | | en_US |
| dc.title | | The open method of coordination (OMC) as an evolutionary learning process | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 597824614 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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