Markov Perfect Nash Equilibrium in stochastic differential games as solution of a generalized Euler Equations System [PDF]
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
Subgame perfect equilibrium: wars of attrition [Game theory]
Educação Superior::Ciências Sociais Aplicadas::EconomiaPresents a class that analyzes some games on Economics. The Professor first play and then analyze wars of attrition; the games that afflict trench warfare, strikes, and businesses in some competitive
Polak, Ben
core +1 more source
Endogenous timing in three-player Tullock contests. [PDF]
Baik KH, Lee JH, Lee S.
europepmc +1 more source
N-Person Bargaining and Strategic Complexity [PDF]
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
Observable implications of Nash and subgame-perfect behavior in extensive games [PDF]
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
What type of contract should e-tailers offer sellers when facing internal competition. [PDF]
Perlman Y.
europepmc +1 more source
Fuzzy-Based Privacy-Preserving Scheme of Low Consumption and High Effectiveness for IoTs: A Repeated Game Model. [PDF]
Cao L, Zhu M.
europepmc +1 more source
A Subsidization Scheme for Maximizing Social Welfare in Mobile Communications Markets
In contemporary mobile communications markets, various agents or players interact to pursue welfare. Regulatory policies enacted by governments in certain markets aim to maximize social welfare.
Carlos Agualimpia-Arriaga +4 more
doaj +1 more source
Long-Term Climate Treaties with a Refunding Club. [PDF]
Gersbach H, Hummel N, Winkler R.
europepmc +1 more source
Persistent Unemployment as Subgame Perfect Equilibrium
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

