Results 31 to 40 of about 74,790 (43)
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Similarity Nash Equilibria in Statistical Games

American Economic Journal: Microeconomics, 2023
A statistical game is a game in which strategic interaction is mediated via a binary outcome y, coupled with a prediction problem where a characteristic x of the game may be used to predict its outcome y based on past values of (x, y) .
Rossella Argenziano, I. Gilboa
semanticscholar   +1 more source

Paths to the Frontier

American Economic Journal: Microeconomics, 2022
We construct a model of collective search in which players gradually approach the Pareto frontier. The players have imperfect control over which improvements to the status quo will be considered.
Avidit Acharya, Juan Ortner
semanticscholar   +1 more source

A Dynamic Analysis of International Environmental Agreements under Partial Cooperation

Social Science Research Network, 2022
We study the dynamics of equilibrium membership of an international environmental agreement aimed at increasing the stock of a global public good such as climate change mitigation.
Admin SSRN au/at CIRANO   +3 more
semanticscholar   +1 more source

Church Tax Exemption and Structure of Religious Markets: A Dynamic Structural Analysis

American Economic Journal: Microeconomics
We study the effects of church tax exemptions on the structure of religious markets. Using the Brazilian experience as a showcase, we develop and estimate a dynamic entry model of religious organizations based on temple opening and closure in ...
Raphael Corbi, Fabio Miessi Sanches
semanticscholar   +1 more source

Backward Induction Reasoning beyond Backward Induction

American Economic Journal: Microeconomics
Backward induction (BI) is only defined for perfect information games, but its logic is also invoked in many concepts for imperfect or incomplete information games.
Emiliano Catonini, Antonio Penta
semanticscholar   +1 more source

Beliefs in Repeated Games: An Experiment

The American Economic Review
This paper uses a laboratory experiment to study beliefs and their relationship to action and strategy choices in finitely and indefinitely repeated prisoners’ dilemma games.
Masaki Aoyagi   +2 more
semanticscholar   +1 more source

Predicting Cooperation with Learning Models

American Economic Journal: Microeconomics
We use simulations of a simple learning model to predict cooperation rates in the experimental play of the indefinitely repeated prisoner’s dilemma.
D. Fudenberg, Gustav Karreskog Rehbinder
semanticscholar   +1 more source

Can Marshall plus Malthus Explain the Evolution of Ancient Societies? A Review of Economic Prehistory by Dow and Reed

Journal of Economic Literature
In a work of extraordinary scope and scholarship, Gregory K. Dow and Clyde G. Reed deploy conventional microeconomic theory to explain “six transitions that shaped the world,” namely, the transitions to sedentism, farming, inequality, war, cities, and ...
Samuel Bowles, A. Bogaard
semanticscholar   +1 more source

Institution Building without Commitment

The American Economic Review
We propose a theory of gradualism in the implementation of good policies, suitable for environments featuring time consistency. We downplay the role of the initial period by allowing agents both to wait for future agents to start equilibrium play and to ...
Marco Bassetto   +2 more
semanticscholar   +1 more source

Multigame Contact: A Double-Edged Sword for Cooperation

Social Science Research Network
We study experimentally the effect of multigame contact on cooperation, with each subject playing a pair of indefinitely repeated prisoner’s dilemmas. Multigame contact is present if a subject plays both games with a single partner, and it is absent if ...
Vincent Laferrière   +3 more
semanticscholar   +1 more source

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