Results 11 to 20 of about 121,877 (273)
Deterring Sellers’ Cheap Talk Actions via Online Rating Schemes
Mathematics, 2023 This paper develops a two-period game theoretic model to investigate a seller’s quality claims in a cheap-talk setting. In this model, consumers are reference-dependent with respect to product quality, and consumers who have purchased items can share ...
Meijian Yang, Enjun Xia, Yang Yang
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Backwards Forward Induction [PDF]
, 1994 Gian Aldo Antonelli and Cristina Bicchieri. Backwards Forwards Induction.
Antonelli, Gian Aldo +1 more
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Stackelberg Social Equilibrium in Water Markets
Games, 2023 Market power in water markets can be modeled as simultaneous quantity competition on a river structure and analyzed by applying social equilibrium. In an example of a duopoly water market, we argue that the lack of backward induction logic implies that ...
Harold Houba, Françeska Tomori
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Monopolistic Competition in Two-Sector Economy under Demand Uncertainty [PDF]
Prostranstvennaâ Èkonomika, 2014 The article deals with the theory of monopolistic competition under demand uncertainty. The authors consider the economy with labor immobility consisting of the high-tech sector with monopolistic competition and the standard sector with perfect ...
Alexander Borisovich Shapoval +1 more
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AGENT CONNECTEDNESS AND BACKWARD INDUCTION [PDF]
International Game Theory Review, 2011 We conceive of a player in dynamic games as a set of agents, which are assigned the distinct tasks of reasoning and node-specific choices. The notion of agent connectedness measuring the sequential stability of a player over time is then modeled in an extended type-based epistemic framework.
Christian W. Bach, Conrad Heilmann
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A Note on Disbelief in Others regarding Backward Induction
Games, 2017 We present experimental results on the role of beliefs in the cognitive ability of others in a problem involving backward induction. Using a modified version of the so-called race game, our design allows the effects of a player’s own inability to perform
Andreas Tutić, Sascha Grehl
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Decomposition Methods for Solving Finite-Horizon Large MDPs
Journal of Mathematics, 2022 Conventional algorithms for solving Markov decision processes (MDPs) become intractable for a large finite state and action spaces. Several studies have been devoted to this issue, but most of them only treat infinite-horizon MDPs.
Bouchra el Akraoui +3 more
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Experimental Evidence on Iterated Reasoning in Games. [PDF]
PLoS ONE, 2015 We present experimental evidence on two forms of iterated reasoning in games, i.e. backward induction and interactive knowledge. Besides reliable estimates of the cognitive skills of the subjects, our design allows us to disentangle two possible ...
Sascha Grehl, Andreas Tutić
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A Versatile Stochastic Duel Game
Mathematics, 2020 This paper deals with a standard stochastic game model with a continuum of states under the duel-type setup. It newly proposes a hybrid model of game theory and the fluctuation process, which could be applied for various practical decision making ...
Song-Kyoo (Amang) Kim
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Learning backward induction: a neural network agent approach [PDF]
, 2009 This paper addresses the question of whether neural networks (NNs), a realistic cognitive model of human information processing, can learn to backward induce in a two-stage game with a unique subgame-perfect Nash equilibrium.
Bastidas Orihuela, Jarol Jorge +1 more
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