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Re-Thinking Reputation
Mell, Andrew - Department of Economics, Oxford University - 2011
Economic models of reputation make strong assumptions about the information available to players.  In particular, it is … observe in the real world.  We build a model of reputation with more realistic assumptions about the partial knowledge of the …
Persistent link: https://www.econbiz.de/10009291911
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Short-run vs. long-run cooperation among the G-20 countries
Mundaca, Gabriela - Volkswirtschaftliche Fakultät, … - 2011
In a model of repeated games, we determine the conditions under which cooperation is an equilibrium outcome among the G-20 countries. We consider first, that members are uncertain about the lifespan of the G-20. Second, the nature of member countries and their interrelations can change because...
Persistent link: https://www.econbiz.de/10009294593