Results 31 to 40 of about 129 (90)

Ordinal Games [PDF]

open access: yes
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
core  

Delay and Information Aggregation in Stopping Games with Private Information [PDF]

open access: yes, 2009
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]

open access: yes
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
core  

Behavioural Decisions and Welfare [PDF]

open access: yes
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
core  

The pure Nash equilibrium property and the quasi-acyclic condition [PDF]

open access: yes
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
core  

Fending off one means fending off all : evolutionary stability in submodular games [PDF]

open access: yes, 2004
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
core  

Optimal Combinatorial Mechanism Design [PDF]

open access: yes
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
core  

LeChatelier-Samuelson Principle in Games and Pass-Through of Shocks [PDF]

open access: yes, 2015
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]

open access: yes, 2013
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

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