Results 101 to 110 of about 18,680 (220)
Endogenous timing in three-player Tullock contests. [PDF]
Soc Choice Welfare, 2022 Baik KH, Lee JH, Lee S.
europepmc +1 more source
Rationalizing Irrational Beliefs [PDF]
In this paper, we re-examine various previous experimental studies of the Centipede Game in the literature. These experiments found that players rarely follow the subgame-perfect equilibrium strategies of the game, and various modifications to the game ...
Geoffrey Dunbar +3 more
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MIXED BUNDLING STRATEGIES AND MULTIPRODUCT PRICE COMPETITION [PDF]
This paper deals with price competition among multiproduct firms. We consider a model with n firms and one representative buyer. Each firm produces a set of products that can be different or identical to the other firms' products.
Amparo Urbano, Ivan Arribas
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Being serious about non-commitment: subgame perfect equilibrium in continuous time
, 2006 This paper characterizes differentiable subgame perfect equilibria in a continuous time intertemporal decision optimization problem with non-constant discounting. The equilibrium equation takes two different forms, one of which is reminescent of the classical Hamilton-Jacobi-Bellman equation of optimal control, but with a non-local term.
Ekeland, Ivar, Lazrak, Ali
openaire +2 more sources
Service competition in two-tier healthcare markets with heterogeneous patients balking
Journal of Management Science and EngineeringRecently, public and private providers within two-tier healthcare markets have engaged in a fierce competition for patients, which is significantly influenced by patients' multifaceted sensitivities to delays and payments, particularly when patients ...
Yuanbing Miao +4 more
doaj +1 more source
A Formal Definition of Perfect Bayesian Equilibrium for Extensive Games [PDF]
Often, perfect bayesian equilibrium is loosely defined by stating that players should be sequentially rational given some beliefs in which Bayes rule is applied “whenever possible”.
Julio Gonzalez-Diaz +1 more
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Realizing efficient outcomes in cost spanning problems [PDF]
We propose a simple non-cooperative mechanism of network formation in cost spanning tree problems. The only subgame equilibrium payoff is efficient. Moreover, we extend the result to the case of budget restrictions.
Gustavo Bergantiños, Juan Vidal-Puga
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Persistent Unemployment as Subgame Perfect Equilibrium
, 1987 The present paper develops some game-theoretic models of a labour market with l firm and n equally productive workers. Although all agents are rational and well-informed, and each of them acts strategically in his own best interest (including the monopsonist firm), unemployment may persist in (subgame perfect) equilibrium for certain combinations of ...
openaire +1 more source
Decentralized Job Matching [PDF]
This paper studies a decentralized job market model where firms (academic departments) propose sequentially a (unique) position to some workers (Ph.D. candidates).
Haeinger, Guillaume, Wooders, Myrna
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Time Dependent Bounded Recall Strategies Are Enough to Play the Discounted Repeated Prisoners Dilemma [PDF]
We show that for any discount factor, there is a natural number M such that all subgame perfect equilibrium outcomes of the discounted repeated prisoners dilemma can be obtained by subgame perfect equilibrium strategies with the following property ...
Barlo, Mehmet, Carmona, Guilherme
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