Results 21 to 30 of about 121,877 (273)
Competitive Centipede Games: Zero-End Payoffs and Payoff Inequality Deter Reciprocal Cooperation
Reciprocal cooperation can be studied in the Centipede game, in which two players alternate in choosing between a cooperative GO move and a non-cooperative STOP move.
Eva M. Krockow +2 more
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A maximum principle for a stochastic control problem with multiple random terminal times
In the present paper we derive, via a backward induction technique, an ad hoc maximum principle for an optimal control problem with multiple random terminal times.
Francesco Cordoni, Luca Di Persio
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Enhanced modelling of doubly fed induction generator in load flow analysis of distribution systems
This paper presents an accurate framework for incorporating the doubly fed induction generator based wind farms in load flow analysis of distribution systems.
Anirudh C.V.S., Seshadri Sravan Kumar V
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Strategy Constrained by Cognitive Limits, and the Rationality of Belief-Revision Policies
Strategy is formally defined as a complete plan of action for every contingency in a game. Ideal agents can evaluate every contingency. But real people cannot do so, and require a belief-revision policy to guide their choices in unforeseen contingencies.
Ashton T. Sperry-Taylor
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Preference at First Sight [PDF]
We consider decision-making and game scenarios in which an agent is limited by his/her computational ability to foresee all the available moves towards the future – that is, we study scenarios with short sight.
Chanjuan Liu
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The finitely repeated Prisoners’ Dilemma is a good illustration of the discrepancy between the strategic behaviour suggested by a game-theoretic analysis and the behaviour often observed among human players, where cooperation is maintained ...
Kristian Lindgren, Vilhelm Verendel
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Network Externalities and Downstream Collusion under Asymmetric Costs: A Note
This paper considers the collusive stability of downstream competition in a vertical market with network externalities and cost asymmetry. A dynamic collusion game is constructed, and backward induction is employed to solve the subgame perfect Nash ...
Jen-Yao Lee +2 more
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We use Backward Chaining Rule Induction (BCRI), a novel data mining method for hypothesizing causative mechanisms, to mine lung cancer gene expression array data for mechanisms that could impact survival.
Mary E. Edgerton M.D., Ph.D. +4 more
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Heuristic Rules for the Dynamic Pricing Problem
This paper is devoted to the development of heuristics for the dynamic pricing problem. A discrete time model of dynamic pricing on the fixed time horizon is proposed. It is applicable to products that satisfy two properties: 1) product value expires at
Oleg Melnikov
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Price Bubbles sans Dividend Anchors: Evidence from Laboratory Stock Markets [PDF]
We experimentally explore how investor decision horizons influence the formation of stock prices. We find that in long-horizon sessions, where investors collect dividends till maturity, prices converge to the fundamental levels derived from dividends ...
Shinichi Hirota, Shyam Sunder
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