Results 61 to 70 of about 13,525 (178)
Organizational Design With Portable Skills
ABSTRACT Workers learn from the tasks they perform, and in the process, they accumulate human capital that is potentially portable. Companies that cannot commit to specific task allocations may assign employees to tasks that reduce retention costs and do not maximize productivity.
Luca Picariello
wiley +1 more source
On the Rationality of Escalation [PDF]
Escalation is a typical feature of infinite games. Therefore tools conceived for studying infinite mathematical structures, namely those deriving from coinduction are essential.
Lescanne, Pierre, Matthieu, Perrinel
core +1 more source
On the Provision of International Public Goods in Dynamic Open Economies
ABSTRACT This study develops a dynamic two‐country model with an international public good, the stock of which positively affects the productivity of the private‐goods sectors in each country, and the evolution of the stock is determined by each country's voluntary contribution in the form of public investment. Two scenarios are examined: A cooperative
Akihiko Yanase
wiley +1 more source
On the Behavior of Proposers in Ultimatum Games [PDF]
We demonstrate that one should not expect convergence of the proposals to the subgame perfect Nash equilibrium offer in standard ultimatum games. First, imposing strict experimental control of the behavior of the receiving players and focusing on the ...
Nicolaas J. Vriend, Thomas Brenner
core +3 more sources
Driver’s lane selection model based on multi-player dynamic game
With a view to the background of Internet of Things, the vehicle group situation, especially the propensity of different drivers, and the corresponding vehicle types were given a comprehensive consideration on the basis of the factors which influence ...
Xiao-yuan Wang +5 more
doaj +1 more source
Perfect Regular Equilibrium [PDF]
We propose a revised version of the perfect Bayesian equilibrium in general multi-period games with observed actions. In finite games, perfect Bayesian equilibria are weakly consistent and subgame perfect Nash equilibria.
hanjoon michael, jung/j
core +1 more source
Infinite subgame perfect equilibrium in the Hausdorff difference hierarchy
Subgame perfect equilibria are specific Nash equilibria in perfect information games in extensive form. They are important because they relate to the rationality of the players. They always exist in infinite games with continuous real-valued payoffs, but
Roux, Stephane Le
core +3 more sources
Analytical Examination of Strategic and Purposeful Behaviours in Peer‐to‐Peer Energy Trading
This paper examines the strategic behaviour of prosumers in the P2P energy trading market. Prosumers may reduce the amount of energy they supply with the aim of increasing the clearing price. On the other hand, the market‐clearing mechanism is designed to mitigate such behaviours.
Ali Izanlo +5 more
wiley +1 more source
A New Solution Concept for the Ultimatum Game leading to the Golden Ratio
The Ultimatum Game is a paradigmatic two-player game. A proposer can offer a certain fraction of some valuable good. A responder can accept the offer or reject it, implying that the two players receive nothing.
Stefan Schuster
doaj +1 more source
The Simple Geometry of Perfect Information Games [PDF]
Perfect information games have a particularly simple structure of equilibria in the associated normal form. For generic such games each of the finitely many connected components of Nash equilibria is contractible. For every perfect information game there
Demichelis, Stefano +2 more
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