Results 71 to 80 of about 18,680 (218)
ABSTRACT We propose a tractable model of asymmetric platform oligopoly with logit demand in which users from two distinct groups are subject to within‐group and cross‐group network effects and decide which platform to join. We characterize the equilibrium when platforms manage user access by setting participation fees for each user group.
Martin Peitz, Susumu Sato
wiley +1 more source
Critical Discount Factor Values in Discounted Supergames
This paper examines the subgame-perfect equilibria in symmetric 2×2 supergames. We solve the smallest discount factor value for which the players obtain all the feasible and individually rational payoffs as equilibrium payoffs.
Kimmo Berg, Markus Kärki
doaj +1 more source
One - Memory in Repeated Games [PDF]
We study the extent to which equilibrium payo®s of discounted repeated games can be obtained by 1 { memory strategies. First, we present robust examples of games in which there is a subgame perfect equilibrium payo® pro¯le that cannot be obtained by any ...
Barlo, Mehmet, Carmona, Guilherme
core
On refinements of subgame perfect ϵ-equilibrium
The concept of subgame perfect -equilibrium (-SPE), where is an error-term, has in recent years emerged as a prominent solution concept for perfect information games of infinite duration. We propose two refinements of this concept: continuity -SPE and -tolerance equilibrium.
Flesch, Janos, Predtetchinski, Arkadi
openaire +1 more source
Subgame Perfect Nash Equilibrium for Dynamic Pricing Competition with Finite Planning Horizon
Having fixed capacities, homogeneous products and price sensitive customer purchase decision are primary distinguishing characteristics of numerous revenue management systems. Even with two or three rivals, competition is still highly fierce. This paper studies sub-game perfect Nash equilibrium of a price competition in an oligopoly market with ...
openaire +2 more sources
Trade costs, infrastructure, and dynamics in a global economy
Abstract This study develops a dynamic two‐country model with trade costs linked to international infrastructure stock. With variable markups and firm heterogeneity, the welfare impact of trade costs depends on firms' cost distribution. Governments engage in a dynamic public investment game, leading to multiple steady states. The dynamic equilibrium of
Akihiko Yanase
wiley +1 more source
The problem of distributed estimation in energy-harvesting wireless sensor networks (EH-WSNs) is studied. In general, the energy state of an energy-harvesting sensor varies dramatically.
Hua Liu +4 more
doaj +1 more source
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
ABSTRACT This study examines endogenous choices of competition strategies in a vertically related mixed market in which an integrated public firm and a downstream firm, subject to forward passive ownership (FPO) by an input supplier, may engage in R&D investment.
Lili Xu, Yidan Zhang, Sang‐Ho Lee
wiley +1 more source
Computing the Subgame Perfect Nash Equilibriums in Parallel Allocation Indivisible Items
Abstract Multi-Agent resource allocation has also become a research hotspot in the field of artificial intelligence in recent years. A lot of related work aims to design a procedural resource allocation system with execution efficiency.
Wei Huang +5 more
openaire +1 more source

