Showing 1 - 10 of 12
all players use this rule it eliminates iteratively dominated strategies and in two-person constant-sum games average … payoffs converge to the value of the game. Strategies converge in constant-sum games with unique equilibria if they are pure … or in 2 × 2 games also if they are mixed. The long-run behaviour of the learning rule is governed by equations related to …
Persistent link: https://www.econbiz.de/10011166126
results in finite games. It is shown that they do for a class of finite games with weak learning provided that limits are …
Persistent link: https://www.econbiz.de/10005047749
This paper uses the theory of large deviations to analyse equilibrium selection in one-dimensional games with large …
Persistent link: https://www.econbiz.de/10005047894
We provide a model of coalitional bargaining with claims in order to solve games with non-transferable utilities and … change their coalitions.  For games without externalities this partition and the corrresponding payoffs constitute a strong … variety of solutions for cooperative games, bargaining problems and bankruptcy problems. …
Persistent link: https://www.econbiz.de/10011183201
We study decentralized learning dynamics for the classic assignment game with transferable utility.  At random points in time firms and workers match, break up, and re-match in the sesarch for better opportunities.  We propose a simple learning process in which players have no knowledge about...
Persistent link: https://www.econbiz.de/10011071726
We propose a new, easy-to-implement, class of payment rules, "Reference Rules", to make core-selecting package auctions more robust.  Small, almost-riskless, profitable deviations from "truthful bidding" are often easy for bidders to find under currently-used payment rules.  Reference Rules...
Persistent link: https://www.econbiz.de/10011004137
to these games and their subgames we generate players' preferences over coalitions which we use to define a coalition …
Persistent link: https://www.econbiz.de/10011004278
We study evolutionary dynamics in assignment games where many agents interact anonymously at virtually no cost.  The …
Persistent link: https://www.econbiz.de/10011004342
This note introduces transferable utility cooperative games with multiple membership, extending the scope of … of games generalises games in characteristic and partition function form.  definitions of the core for this class of … games are proposed, under which cooperation is facilitated through the cross-cutting of contractual arrangements with …
Persistent link: https://www.econbiz.de/10005047701
Allocations familiales et autres transferts cibles sont generalement verses aux meres, sur la base de l`observation qu`augmenter la part des ressources controlees par les meres conduit a ameliorer le bien-etre des enfants. Nous recensons un ensemble de resultats empiriques qui etablisent le...
Persistent link: https://www.econbiz.de/10005090623