The Evolution of Consistent Conjectures.

In this paper we model the evolution of conjectures in an economy consisting of a large number of firms which meet in duopolies. The duopoly game is modelled by the conjectural variation (CV) model. An evolutionary process leads to more profitable conjectures becoming more common (payoff monotone dynamics). Under payoff monotonic dynamics, convergence occurs to a small set of serially undominated strategies containing the consistent onjecture. This set can be made arbitrarily small by appropriate choice f the strategy set. If the game is dominance solvable, then the dynamics converges globally to the unique attractor.

Biomarkers in emergency medicine

Researchers navigate the ocean of biomarkers searching for proper targets and optimal utilization of them. Emergency medicine builds up the front line to maximize the utility of clinically validated biomarkers and is the cutting edge field to test the applicability of promising biomarkers emerging from thorough translational researches. The role of biomarkers in clinical decision making would be of greater significance for identification, risk stratification, monitoring, and prognostication of the patients in the critical- and acute-care settings. No doubt basic research to explore novel biomarkers in relation to the pathogenesis is as important as its clinical counterpart. This special issue includes five selected research papers that cover a variety of biomarker- and disease-related topics