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In games with strategic substitutes (GSS), convergence of the best response dynamic starting from the inf (or sup) of the strategy space is equivalent to global stability (convergence of every adaptive dynamic to the same pure strategy Nash equilibrium). Consequently, in GSS, global stability can be analyzed using a single best response dynamic. Moreover,(More)
Condorcet profiles are responsible for a number of well known preference aggregation paradoxes. It is reasonable to claim that these profiles represent complete ties between the candidates and should therefore be excluded to determine election outcomes. Established profile decomposition techniques are of limited usefulness in extracting and removing(More)
A new approach with aluminum nitride (AlN) based parasitic strip wideband patch antenna has been introduced for 2.5 and 5.8 GHz wireless applications. The novelty of the proposed design is inherited in reduction of edges of patch which influences antenna performance. The impedance bandwidth of the antenna is 0.28 GHz for the first resonance, whereas 2.04(More)
In this paper, a new complementary triangular split ring resonator (CTSRR) is proposed and the impact of CTSRR on conventional patch antenna is investigated at 2.44 GHz for WLAN applications. The electromagnetic behavior of CTSRR, as well as their equivalent circuit is developed and explained. The demonstrated theoretical approaches result in a meaningful(More)
New insights into the theory of games with strategic substitutes (GSS) are developed. These games possess extremal serially undominated strategies that provide bounds on predicted behavior and on limiting behavior of adaptive dynamics, similar to games with strategic complements (GSC). In parameterized GSS, monotone equilibrium selections are dynamically(More)
Recent developments in voting theory show that Condorcet profiles embedded in electorates are responsible for distortions in pairwise election tallies of any pair of candidates from a given set. Such distortions are the sole cause of conflicts between the various pairwise voting methods and of reversals of rankings, when candidates are dropped from or added(More)
The paper studies asset prices and capital accumulation in a monetary economy with non-diversifiable idiosyncratic risks. A government issued unbacked currency is introduced into agent's preferences in a dynamic GEI (General Equilibrium with Incomplete market) model with CARA preferences and normal disturbances. Closed form expressions for equilibrium(More)