Results 71 to 80 of about 371,510 (190)
Pairwise Imitation and Tournament Graphs
ABSTRACT This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise interactions. We characterize PII using weak tournament graphs and, for a broad class of dynamics, establish a one‐shot stability result for ...
Sung‐Ha Hwang +3 more
wiley +1 more source
We Value Your Privacy: Behavior‐Based Pricing Under Endogenous Privacy
ABSTRACT We study a duopoly model of behavior‐based pricing in which consumers can either disclose or hide their data. We contrast two data policies. Under an open data policy, disclosed data is shared with all firms. In the unique equilibrium, all consumers disclose, and firms price discriminate, leading to welfare losses from inefficient poaching ...
Friederike Heiny +2 more
wiley +1 more source
In the finite-horizon repeated Prisoner's Dilemma, a compelling backward induction argument shows that rational players will defect in every round, following the uniquely optimal Nash equilibrium path. It is frequently asserted that cooperation gradually
A. Colman, B. Pulford, E. Krockow
semanticscholar +1 more source
Management of the irrigation system in oasis areas: Modeling by the game theory
Conflicts over water resources arise mainly from disagreements over access and control over these resources. These conflicts are the result of an increasing demand of water resources and their endurance may cause violent reactions and environmental ...
Fatima ADDI, Fouad ELAME, Ouayl CHADLI
doaj
The Place of History in British Criminology: 20th‐Century Developments
ABSTRACT While the relevance of historical research and analysis for the development of a critical criminology in the United States in the 1970s has recently received some attention by historical criminologists, the place of history in British criminology—and British critical criminology in particular—remains a largely unexplored area of academic ...
Roberto Catello
wiley +1 more source
Extortion can outperform generosity in the iterated prisoner's dilemma
Zero-determinant (ZD) strategies, as discovered by Press and Dyson, can enforce a linear relationship between a pair of players’ scores in the iterated prisoner’s dilemma.
Zhijian Wang +4 more
semanticscholar +1 more source
RPM and Vertical Integration With Upstream Competition and Noncontractible Efforts
ABSTRACT We study RPM and vertical integration in a common agency setting with two differentiated manufacturers and one retailer, where consumer demand depends on both the manufacturers' and retailer's noncontractible efforts. Under vertical separation, the adoption of maximum RPM by both manufacturers is an equilibrium and intensifies competition ...
Michele Bisceglia +3 more
wiley +1 more source
Property Rights Theory, Justice, and Reciprocity
Abstract What really happens when situations arise that were not anticipated in contracts? The phenomenon of quiet quitting is an example of behaviour that is legally within the bounds of the contract governing a relationship while also generating variance in performance.
Douglas A. Bosse, Robert A. Phillips
wiley +1 more source
ABSTRACT This study considers mutual outsourcing firms in a vertically related market and examines their strategic adoption of environmental corporate social responsibility (ECSR) activities. We demonstrate that ECSR adoption reduces mutual outsourcing firms' profits, resulting in a prisoner's dilemma situation, but enhances welfare regardless of ...
Lili Xu, Xinying Fan, Sang‐Ho Lee
wiley +1 more source

