Results 31 to 40 of about 129 (90)
We study strategic games where players' preferences are weak orders which need not admit utility representations. First of all, we ex- tend Voorneveld's concept of best-response potential from cardinal to ordi- nal games and derive the analogue of his ...
Hans Haller +3 more
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Delay and Information Aggregation in Stopping Games with Private Information [PDF]
We consider a timing game with private information about a common values payoff parameter. Information is only transmitted through the stopping decisions and therefore the model is one of observational learning.
Murto, Pauli, Välimäki, Juuso
core +1 more source
Two More Classes of Games with the Fictitious Play Property [PDF]
Fictitious play is the oldest and most studied learning process for games. Since the already classical result for zero-sum games, convergence of beliefs to the set of Nash equilibria has been established for some important classes of games, including ...
Ulrich Berger
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Behavioural Decisions and Welfare [PDF]
What are the normative implications of behavioral economics? We study a model where the decisions a person makes, consciously or unconsciously, affect her psychological state (reference point, beliefs, expectations, self-image) which, in turn, impacts on
Dalton, Patricio
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The pure Nash equilibrium property and the quasi-acyclic condition [PDF]
This paper presents a sufficient condition for the quasi-acyclic condition. A game is quasi-acyclic if from any strategy profile, there exists a finite sequence of strict best replies that ends in a pure strategy Nash equilibrium. The best-reply dynamics
Satoru Takahashi, Tetsuo Yamamori
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Fending off one means fending off all : evolutionary stability in submodular games [PDF]
The implications of evolutionarily stable behavior in finite populations have recently been explored for a variety of aggregative games. This note proves an intimate relationship between submodularity and global evolutionary stability of strategies for ...
Leininger, Wolfgang
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Optimal Combinatorial Mechanism Design [PDF]
We consider an optimal mechanism design problem with several heterogeneous objects and interdependent values. We characterize ex post incentives using an appropriate monotonicity condition and reformulate the problem in such a way that the choice of an ...
Levent Ulku
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LeChatelier-Samuelson Principle in Games and Pass-Through of Shocks [PDF]
The LeChatelier-Samuelson principle ("the principle") states that as a reaction to a shock, an agent's short-run adjustment of an action is smaller than the long-run adjustment of that action when the other related actions can also be adjusted. We extend
A Colin Severin Borenstein +68 more
core +1 more source
Monotone Comparative Statics: Geometric Approach [PDF]
We consider the comparative statics of solutions to parameterized optimization problems. A geometric method is developed for finding a vector field that, at each point in the parameter space, indicates a direction in which monotone comparative statics ...
Strulovici, Bruno H., Weber, Thomas A.
core +1 more source
Pairwise influences in dynamic choice: network-based model and application. [PDF]
Nasini S, Martínez-de-Albéniz V.
europepmc +1 more source

