Results 141 to 150 of about 234,236 (303)
On the Asymptotic Uniqueness of Bargaining Equilibria [PDF]
This note reexamines the connection between the asymmetric Nash bargaining solution and the equilibria of strategic bargaining games. Several papers in the literature obtain the asymmetric Nash bargaining solution as the unique limit of subgame perfect ...
Herings P. Jean-Jacques +1 more
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Economica, EarlyView.Abstract I argue that economists' distinction between ‘pure’ and ‘applied’ economic theory is often based on papers' stylistic markers rather than their methodology or scope. I illustrate this point with a model of price competition for boundedly rational consumers, due to Piccione and Spiegler. I first present its original, ‘pure style’ version.
Ran Spiegler
wiley +1 more source
The Geometry of Nash Equilibria and Correlated Equilibria and a Generalization of Zero-Sum Games [PDF]
A pure strategy is coherent if it is played with positive probability in at least one correlated equilibrium. A game is pre-tight if in every correlated equilibrium, all incentives constraints for non deviating to a coherent strategy are tight.
Viossat, Yannick
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When do proxy advisors improve corporate decisions?
Economic Inquiry, EarlyView.Abstract This paper studies the impact of proxy advisors on shareholder decision‐making. We posit two assumptions: (i) the board is at least as well informed as any individual shareholder; (ii) shareholders can condition their information acquisition on the proxy advisor's (PA) recommendation.
Berno Buechel +2 more
wiley +1 more source
An efficient algorithm for Nash equilibria when harvesting interacting living resources
, 2023 Del Santo O’Neill TJ +2 more
europepmc +1 more source
Nash Equilibria in the Response Strategy of Correlated Games. [PDF]
Sci Rep, 2019 Correia AD, Stoof HTC.
europepmc +1 more source
Helicopter drops in an open economy when markets are incomplete
Economic Inquiry, EarlyView.Abstract We characterize the spillover effects of helicopter drops and optimal monetary policy in a tractable two‐country overlapping generations model with incomplete markets. As helicopter drops can affect the distribution of income across countries, they create room for redistribution policies which are particularly relevant when agents are ...
Sara Eugeni
wiley +1 more source
Political Partisanship and State‐Level Bank Efficiency
Financial Review, EarlyView.ABSTRACT We examine the relationship between political partisanship and commercial bank efficiency in the United States from 1972 to 2020, assessing the persistent influence of political affiliations at the state and District of Columbia levels. Bank efficiency scores are estimated using a double‐bootstrap approach, and the analysis is conducted within
Jeremy Eng‐Tuck Cheah +3 more
wiley +1 more source
Determining quantum correlation through Nash equilibria in constant-sum games
APL QuantumQuantum game theory has emerged as a promising candidate to further the understanding of quantum correlations. Motivated by this, it is demonstrated that pure strategy Nash equilibria can be utilized as a mechanism to witness and determine quantum ...
Adam Lowe
doaj +1 more source
Voronoi languages. Equilibria in cheap-talk games with high-dimensional types and few signals [PDF]
, 2008 Jäger G, Koch-Metzger L, Riedel F. Voronoi languages. Equilibria in cheap-talk games with high-dimensional types and few signals. Working Papers. Institute of Mathematical Economics. Vol 420.
Koch-Metzger, Lars +2 more
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