Showing 1 - 10 of 12
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
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
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
The World's nations have yet to reach a truly effective treaty to control the emission of greenhouse gases.  The importance of compatibility with private incentives of individual countries has been acknowledged (at least by game theorists) in designing climate policies for the post-Kyoto...
Persistent link: https://www.econbiz.de/10009393198
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
We derive distributional effects for a non-cooperative alternative to the unitary model of household behaviour. We consider the Nash equilibria of a voluntary contributions to public goods game. Our main result is that, in general, the two partners either choose to contribute to different public...
Persistent link: https://www.econbiz.de/10005090649
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