Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10009722639
This paper provides an overview of the various shapes the bestreply multifunctions can take in 2x2x2 trimatrix games. It is shown that, unlike in 2x2 bimatrix games, the best replies to the opponents pure strategies do not completely determine the structure of the Nash equilibrium set
Persistent link: https://www.econbiz.de/10014052878
To model inter-individual externalities and analyze the associated compensation issue, Ju and Borm (2005) introduces a new game-theoretic framework, primeval games, and proposes, from a cooperative perspective, three compensation rules as solution concepts for primeval games: the marginalistic...
Persistent link: https://www.econbiz.de/10014055109
Using network control structures this paper introduces network communication games as a generalization of vertex games and edge games corresponding to communication situations and studies their decomposition into unanimity games. We obtain a relation between the dividends of the network...
Persistent link: https://www.econbiz.de/10013010479
Persistent link: https://www.econbiz.de/10001692421
It is well known that an upper semi-continuous compact- and convex-valued mapping fi from a nonempty compact and convex set X to the Euclidean space of which X is a subset has at least one stationary point, being a point in X at which the image fi(x) has a nonempty intersection with the normal...
Persistent link: https://www.econbiz.de/10011327822
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This paper extends the concepts of proper equilibria, protective behaviour and prudent behaviour to multicriteria games. Three types of proper equilibria based on different types of domination are introduced. It is shown that protective behaviour coincides with prudent behaviour. Possible...
Persistent link: https://www.econbiz.de/10014067775
The class of two-person competition games is introduced and analyzed. For any game in this class, the set of Nash equilibria is convex, equilibrium strategies are exchangeable, and all Nash equilibria lead to the same payoff vector. Competition games are compared to other competitive...
Persistent link: https://www.econbiz.de/10014064982
In several jurisdictions, commercially exploiting a game of chance (rather than skill) is subject to a licensing regime. It is obvious that roulette is a game of chance and chess a game of skill, but the law does not provide a precise description of where the boundary between the two classes is...
Persistent link: https://www.econbiz.de/10012722321