Results 101 to 110 of about 2,716 (210)

Markov Perfect Nash Equilibrium in stochastic differential games as solution of a generalized Euler Equations System [PDF]

open access: yes, 2008
This paper gives a new method to characterize Markov Perfect Nash Equilibrium in stochastic differential games by means of a set of Generalized Euler Equations.
Rincón-Zapatero, Juan Pablo   +1 more
core  

Procedurally Fair Taxation [PDF]

open access: yes
We study the implications of procedural fairness on income taxation. We formulateprocedural fairness as a particular non-cooperative bargaining game and examine thestationary subgame perfect equilibria of the game.
Herings P. Jean-Jacques   +1 more
core   +1 more source

Endogenous timing in three-player Tullock contests. [PDF]

open access: yesSoc Choice Welfare, 2022
Baik KH, Lee JH, Lee S.
europepmc   +1 more source

N-Person Bargaining and Strategic Complexity [PDF]

open access: yes
We investigate the effect of introducing costs of complexity in the n -person unanimity bargaining game. In particular, the paper provides a justification for stationary equilibrium strategies in the class of games where complexity costs matter.
Kalyan Chatterjee, Hamid Sabourian
core  

A Dynamic Game Model to Estimate Market Competitiveness: An Application to the Chinese Retail Oil Market

open access: yesGames
This paper develops a dynamic game-theoretic model to evaluate market competitiveness in industries characterized by price competition and adjustment stickiness.
Ying Zheng, Jiayi Xu, Xiao-Bing Zhang
doaj   +1 more source

Observable implications of Nash and subgame-perfect behavior in extensive games [PDF]

open access: yes
We provide necessary and sufficient conditions for observed outcomes in extensive game forms, in which preferences are unobserved, to be rationalized first, partially, as a Nash equilibrium and then, fully, as the unique subgame-perfect equilibrium. Thus,
Indrajit Ray, Susan Snyder
core  

Existence of Undominated Subgame Perfect Equilibrium in Extensive Form Games [PDF]

open access: yes, 2014
There are games for which all subgame perfect equilibria are such that some (or all) players use weakly dominated strategies. Surely this is undesirable as it diminishes the credibility of equilibria. It is implausible to expect a player to play a weakly
Yilmaz, Ceren
core   +1 more source

Persistent Unemployment as Subgame Perfect Equilibrium

open access: yes, 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

Long-Term Climate Treaties with a Refunding Club. [PDF]

open access: yesEnviron Resour Econ (Dordr), 2021
Gersbach H, Hummel N, Winkler R.
europepmc   +1 more source

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