Results 71 to 80 of about 1,224 (172)
A Notion of Subgame Perfect Nash Equilibrium under Knightian Uncertainty [PDF]
, 2008 . We define a subgame perfect Nash equilibrium under Knightian uncertainty for two players, by means of a recursive backward induction procedure. We prove an extension of the Zermelo-von Neumann-Kuhn Theorem for games of perfect information, i.
Sérgio Ribeiro, Costa Werlang
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A New Solution Concept for the Ultimatum Game leading to the Golden Ratio
Scientific Reports, 2017 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
, 2006 The theory of implementation abounds with mechanisms with intricate systems of rewards and punishments off-the-equilibrium path. Generally, it is not in the designer’s best interest to go through with the reward/punishment in the “subgame” arising from ...
Luis C. Corchón +5 more
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Service competition in two-tier healthcare markets with heterogeneous patients balking
Journal of Management Science and EngineeringRecently, public and private providers within two-tier healthcare markets have engaged in a fierce competition for patients, which is significantly influenced by patients' multifaceted sensitivities to delays and payments, particularly when patients ...
Yuanbing Miao +4 more
doaj +1 more source
A notion of subgame perfect nash equilibrium under knightian uncertainty [PDF]
, 1997 We define a subgame perfect Nash equilibrium under Knightian uncertainty for two players, by means of a recursive backward induction procedure. We prove an extension of the Zermelo-von Neumann-Kuhn Theorem for games of perfect information, i.
Werlang, Sérgio Ribeiro da Costa
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Non-cooperative Support for the Asymmetric Nash Bargaining solution [PDF]
Our work contributes to the game-theoretic analysis of bargaining by providing additional non-cooperative support to the well-known Nash bargaining solution.
Herings, P. Jean-Jacques +2 more
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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.
Ricardo Josa-Fombellida +1 more
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Cournot-Walras equilibrium as a subgame perfect equilibrium [PDF]
In this paper, we investigate the problem of the strategic foundation of the Cournot-Walras equilibrium approach. To this end, we respecify à la Cournot-Walras the mixed version of a model of simultaneous, noncooperative exchange, originally proposed by
Busetto, Francesca +2 more
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Symmetric Convex Games and Stable Structures [PDF]
We study the model of link formation that was introduced by Aumann and Myerson (1988) and focus on symmetric convex games with transferable utilities. We answer an open question in the literature by showing that in a specific symmetric convex game with ...
Slikker, M., Norde, H.W.
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Implementation in Mixed Nash Equilibrium [PDF]
A mechanism implements a social choice correspondence f in mixed Nash equilibrium if at any preference profile, the set of all pure and mixed Nash equilibrium outcomes coincides with the set of f-optimal alternatives at that preference profile.
Claudio Mezzetti, Ludovic Renou
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