Results 31 to 40 of about 2,714 (212)
The Decision Whether to Hire Managers in a Mixed Duopoly with State-Owned and Labor-Managed Firms [PDF]
International Journal of Management, Accounting and Economics, 2020 This paper considers a mixed duopoly model in which a state-owned firm competes with a labor-managed firm. The timing of this game is as follows. In the first stage, each firm decides whether or not to hire a manager.
Kazuhiro Ohnishi
doaj
On gamesmen and fair men: explaining fairness in non-cooperative bargaining games [PDF]
Royal Society Open Science, 2018 Experiments on bargaining games have repeatedly shown that subjects fail to use backward induction, and that they only rarely make demands in accordance with the subgame perfect equilibrium.
Ramzi Suleiman
doaj +1 more source
The Complexity of Subgame Perfect Equilibria in Quantitative Reachability Games [PDF]
Logical Methods in Computer Science, 2020 We study multiplayer quantitative reachability games played on a finite directed graph, where the objective of each player is to reach his target set of vertices as quickly as possible.
Thomas Brihaye +4 more
doaj +1 more source
Exploring the Gap between Perfect Bayesian Equilibrium and Sequential Equilibrium
Games, 2016 In (Bonanno, 2013), a solution concept for extensive-form games, called perfect Bayesian equilibrium (PBE), was introduced and shown to be a strict refinement of subgame-perfect equilibrium; it was also shown that, in turn, sequential equilibrium (SE) is
Giacomo Bonanno
doaj +1 more source
A Note on Stabilizing Cooperation in the Centipede Game
Games, 2020 In the much-studied Centipede Game, which resembles the Iterated Prisoners’ Dilemma, two players successively choose between (1) cooperating, by continuing play, or (2) defecting and terminating play.
Steven J. Brams, D. Marc Kilgour
doaj +1 more source
Simulation of the Stackelberg–Hotelling Game
GamesThis work studies the Hotelling game with sequential choice of prices, that is, the Stackelberg–Hotelling (SHOT) game. The game is studied through numerical simulation, which provides the subgame perfect equilibrium solution not only in the unrestricted ...
Luis Garcia-Perez +3 more
doaj +1 more source
A Test of the Coase Conjecture Using Prices of Electronic Books
Southern Economic Journal, EarlyView.ABSTRACT The Coase Conjecture predicts that a durable‐goods monopolist without commitment will rapidly cut price toward marginal cost. We test this prediction in the electronic‐book market using release‐day prices. To proxy for marginal cost, we use competitive prices of public‐domain electronic books on the same platforms.
Tim Groseclose, Alex Tabarrok
wiley +1 more source
Stationary Markov Equilibrium Strategies in Asynchronous Stochastic Games: Existence and Computation
AlgorithmsWe study Asynchronous Dynamic games and show that in games with a finite state space and finite action sets, one can obtain the pure strategy Markov perfect equilibrium by using a simple backward induction method when the time period for the game is ...
Subir. K. Chakrabarti +2 more
doaj +1 more source
On the equivalence between subgame perfection and sequentiality [PDF]
, 2005 We identify the maximal set of finite extensive forms for which the sets of subgame perfect and sequential equilibrium strategies coincide for any possible assignment of the payoff function.
Litan, Cristian M. +1 more
core
Competitive diplomacy in bargaining and war
American Journal of Political Science, EarlyView.Abstract War is often viewed as a bargaining problem. However, prior to bargaining, countries can vie for leverage by expending effort on diplomacy. This article presents a dynamic model of conflict where agenda‐setting power is endogenous to pre‐bargaining diplomatic competition.
Joseph J. Ruggiero
wiley +1 more source