Results 81 to 90 of about 2,427 (238)
Biased News Media and the Swing Voter's Decision in Repeated Games
ABSTRACT We consider a monopolistic, biased news media platform that attempts to influence the decision of swing voters with cheap talk when voting is costly and abstaining is an option. First, we demonstrate that, while no fully communicative equilibrium exists in a stage game, a partially truth‐revealing mixed‐strategy equilibrium exists.
Jooyong Jun, Jeong‐Yoo Kim
wiley +1 more source
A theory of unstructured bargaining using distribution-valued solution concepts [PDF]
In experiments it is typically found that many joint utility outcomes arise in any given unstructured bargaining game. This suggests using a positive unstructured bargaining concept that maps a bargaining game to a probability distribution over outcomes ...
David H. Wolpert, James Bono
core
Employee Fraud and the Statute of Limitations in a Search and Matching Model
ABSTRACT This paper integrates employee fraud into a Mortensen‐Pissarides search and matching model to analyze labor market dynamics under imperfect legal enforcement. We introduce a time‐dependent punishment structure where the offender's effective liability is governed by the statute of limitations. We characterize both short‐ and long‐run equilibria,
Mauricio Benegas, José Freire Júnior
wiley +1 more source
This paper proposes a collaborative optimal scheduling strategy based on asymmetric Nash bargaining for the integrated electricity–heat–hydrogen multi-microgrid system, which can minimize the overall system operation cost while guaranteeing the dynamic ...
Wenyuan Yang +3 more
doaj +1 more source
The computation of the Nash bargaining solution
An n-player decision problem is described by the decision set \(\Omega_ i\) and the objective functional \(J_ i:\) \(\Omega\) \(\to {\mathbb{R}}\) for any decision maker i, \(1\leq i\leq n\). Here \(\Omega =\Omega_ 1\times \Omega_ 2\times...\times \Omega_ n\) and further, let \((D_ 1,D_ 2,...,D_ n)\in {\mathbb{R}}^ n\) be the noncooperative Nash ...
Ehtamo, H. +2 more
openaire +2 more sources
Nonconvex bargaining problems [PDF]
This paper studies compact and comprehensive bargaining problems for n players and axiomatically characterize the extensions of the three classical bargaining solutions to nonconvex bargaining problems: the Nash solution, the egalitarian solution and the
Yoshihara, Naoki, Xu, Yongsheng
core
A distributed algorithm for wireless resource allocation using coalitions and the Nash bargaining solution [PDF]
In this paper a distributed, low-complexity, fast and fair resource allocation algorithm for a multiuser, wireless LTE OFDMA channel is proposed. Based on the game theoretic concept of the Nash Bargaining Solution and by grouping users into coalitions of
Vatsikas, S +3 more
core +1 more source
The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission
ABSTRACT We examine how labour market institutions shape monetary policy transmission in euro area countries. A theoretical model suggests that higher union density flattens the Phillips curve, amplifying output responses while dampening the inflation effects of monetary shocks. This is empirically confirmed using an interacted panel VAR.
Maximilian Boeck, Christian Glocker
wiley +1 more source
Rationality and Solutions to Nonconvex Bargaining Problems: Rationalizable, Asymmetric and Nash Solutions [PDF]
Conditions α and β are two well-known rationality conditions in the theory of rational choice. This paper examines the implications of weaker versions of these two rationality conditions in the context of solutions to nonconvex bargaining problems. It is
Yoshihara, Naoki, Xu, Yongsheng
core
ABSTRACT I discuss conditions under which maximizing a proxy utility function is harmful and suggest this poses problems for applying decision theory.
Sven Neth
wiley +1 more source

