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Networks, Communication and Hierarchy: Applications to Cooperative Games
Algaba, Encarnacion; van den Brink, Rene - 2021
models of communication and hierarchy restrictions in cooperative games, compare different network structures with each other … illustrate these network structures by applying them to cooperative games with restricted cooperation. …
Persistent link: https://www.econbiz.de/10012605985
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Least Unmatched Price Auctions: A First Approach
Eichberger, Jürgen; Vinogradov, Dmitri - 2008
Least-Unmatched Price Auctions have become a popular format of TV and radio shows. Increasingly, they are also applied in internet trading. In these auctions the lowest single (unique) bid wins. We analyze the game-theoretic solution of least unmatched price auctions when prize, bidding cost and...
Persistent link: https://www.econbiz.de/10011422186
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Social Games: Matching and the Play of Finitely Repeated Games
Jackson, Matthew O.; Watts, Alison - 2005
We examine a new class of games, which we call social games, where players not only choose strategies but also choose … players in different roles, among other things. We also examine finite repetitions of games where players may choose to … rematch in any period. Some equilibria of fixed-player repeated games cannot be sustained as equilibria in a repeated social …
Persistent link: https://www.econbiz.de/10010312355
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Social Games: Matching and the Play of Finitely Repeated Games
Jackson, Matthew O.; Watts, Alison - Fondazione ENI Enrico Mattei (FEEM) - 2005
We examine a new class of games, which we call social games, where players not only choose strategies but also choose … players in different roles, among other things. We also examine finite repetitions of games where players may choose to … rematch in any period. Some equilibria of fixed-player repeated games cannot be sustained as equilibria in a repeated social …
Persistent link: https://www.econbiz.de/10005423090
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Least Unmatched Price Auctions: A First Approach
Eichberger, Jürgen; Vinogradov, Dmitri - Alfred-Weber-Institut für Wirtschaftswissenschaften, … - 2008
Least-Unmatched Price Auctions have become a popular format of TV and radio shows. Increasingly, they are also applied in internet trading. In these auctions the lowest single (unique) bid wins. We analyze the game-theoretic solution of least unmatched price auctions when prize, bidding cost and...
Persistent link: https://www.econbiz.de/10005150937
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Market Games and Clubs
Wooders, Myrna - Vanderbilt University Department of Economics - 2009
The equivalence of markets and games concerns the relationship between two sorts of structures that appear … fundamentally different -- markets and games. Shapley and Shubik (1969) demonstrates that: (1) games derived from markets with … concave utility functions generate totally balanced games where the players in the game are the participants in the economy …
Persistent link: https://www.econbiz.de/10008624634
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Toward a Theory of Play: A Logical Perspective on Games and Interaction
Benthem, Johan Van; Pacuit, Eric; Roy, Olivier - In: Games 2 (2011) 1, pp. 52-86
turn works out for games, drawing on some recent advances in the literature. Our key examples are the long-term dynamics of …
Persistent link: https://www.econbiz.de/10008838860
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Networks, communication and hierarchy : applications to cooperative games
Algaba, Encarnación; Brink, René van den - 2021
models of communication and hierarchy restrictions in cooperative games, compare different network structures with each other … illustrate these network structures by applying them to cooperative games with restricted cooperation. …
Persistent link: https://www.econbiz.de/10012434059
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Least unmatched price auctions : a first approach
Eichberger, Jürgen; Vinogradov, Dmitri - 2008
Least-Unmatched Price Auctions have become a popular format of TV and radio shows. Increasingly, they are also applied in internet trading. In these auctions the lowest single (unique) bid wins. We analyze the game-theoretic solution of least unmatched price auctions when prize, bidding cost and...
Persistent link: https://www.econbiz.de/10003747367
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Market games and clubs
Wooders, Myrna - Volkswirtschaftliche Fakultät, … - 2008
The equivalence of markets and games concerns the relationship between two sorts of structures that appear … fundamentally different -- markets and games. Shapley and Shubik (1969) demonstrates that: (1) games derived from markets with … concave utility functions generate totally balanced games where the players in the game are the participants in the economy …
Persistent link: https://www.econbiz.de/10009328147