Results 91 to 100 of about 1,067,568 (299)
Uniform payoff security and Nash equilibrium in metric games [PDF]
We introduce a condition, uniform payoff security, for games with separable metric strategy spaces and payoffs bounded and measurable in players' strategies. We show that if any such metric game G is uniformly payoff secure, then its mixed extension G is
Paulo Klinger Monteiro +1 more
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Southern Economic Journal, EarlyView.ABSTRACT The Allais Paradox is often attributed to the strong attraction of a certain option that avoids a downside risk, i.e., a small chance of a low payoff. In contrast, there is clear evidence from laboratory and field data that people are attracted to the upside risk of obtaining a relatively high payoff.
Irene Comeig, Charles Holt
wiley +1 more source
The Nash Bargaining Solution vs. Equilibrium in a Reinsurance Syndicate [PDF]
We compare the Nash bargaining solution in a reinsurance syndicate to the competitive equilibrium allocation, focusing on uncertainty and risk aversion.
Aase, Knut K.
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Southern Economic Journal, EarlyView.ABSTRACT We investigate the competitive effects of a merger in the cough and cold medicines segment between GlaxoSmithKline (GSK) and Pfizer. The parties offered efficiency gains, and authorities concluded the merger would not lessen competition. Using product‐level data from the Philippines, we estimate a structural demand model to assess efficiency ...
Farasat A. S. Bokhari +3 more
wiley +1 more source
On the exact polynomial time algorithm for a special class of bimatrix game
Lietuvos Matematikos Rinkinys, 2013 The Strategy Elimination (SE) algorithm was proposed in [2] and implemented by a sequence of Linear Programming (LP) problems. In this paper an efficient explicit solution is developed and the convergence to the Nash Equilibrium is proven. Keywords: game
Jonas Mockus, Martynas Sabaliauskas
doaj +1 more source
Implementation in Mixed Nash Equilibrium [PDF]
A mechanism implements a social choice correspondence f in mixed Nash equilibrium if at any preference profile, the set of all pure and mixed Nash equilibrium outcomes coincides with the set of f-optimal alternatives at that preference profile.
Claudio Mezzetti, Ludovic Renou
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Southern Economic Journal, EarlyView.ABSTRACT This paper examines the economic mechanisms underlying persistent price gaps between products marketed to women and men, which is often referred to as the “Pink Tax.” Using NielsenIQ scanner data on toothbrushes, we provide evidence of gendered price differentials and analyze two mechanisms central to the literature: gender‐based price ...
Rong Zhang, Yu Yvette Zhang
wiley +1 more source
Discrete-Time Multi-Player Games Based on Off-Policy Q-Learning
IEEE Access, 2019 In this paper, an off-policy game Q-learning algorithm is proposed for solving linear discrete-time non-zero sum multi-player game problems. Unlike the existing Q-learning methods for solving the Riccati equation by on-policy learning approaches for ...
Jinna Li, Zhenfei Xiao, Ping Li
doaj +1 more source
Metabolic perturbation studies using a Nash Equilibrium model of liver machine perfusion: modeling oxidative stress and effect of glutathione supplementation. [PDF]
Front Syst Biol, 2023 Lucia A, Uygun K.
europepmc +1 more source
PPEPV‐RDL: Achieving Privacy‐Preserving, Efficient, Publicly Verifiable Rational Delegation Learning
CAAI Transactions on Intelligence Technology, EarlyView.ABSTRACT Delegation learning is an implementation approach within privacy‐preserving machine learning (PPML). It refers to that the delegator outsources the training task to servers with strong computing power due to its own limited computing resources, and the servers return the correct training results and get the service revenue.
Xinyu Zhang +4 more
wiley +1 more source