Showing 1 - 10 of 38
We study both theoretically and experimentally the complete set of Nash equilibria of a classical one-dimensional, majority rule election game with two candidates, who might be interested in power as well as in ideology, but not necessarily in the same way. Apart from obtaining the well known...
Persistent link: https://www.econbiz.de/10009292395
We consider a Battle of the Sexes game with two types, High and Low, for each player and allow cheap talk regarding players' types before the game. We prove that the unique fully revealing symmetric cheap talk equilibrium exists for a low range of prior probability of the High-Type. This...
Persistent link: https://www.econbiz.de/10010818179
In the Crawford-Sobel (uniform, quadratic utility) cheap-talk model, we consider a simple mediation scheme (a communication device) in which the informed agent reports one of the N possible elements of a partition to the mediator and then the mediator suggests one of the N actions to the...
Persistent link: https://www.econbiz.de/10010818184
We consider a Battle of the Sexes game with incomplete information and allow cheap talk regarding players' private information before the game is played. We prove that the unique fully revealing symmetric cheap talk equilibrium has a desirable coordination property. Such coordination can also be...
Persistent link: https://www.econbiz.de/10010818189
We analyze the Hotelling-Downs model of a winner-take-all elections with sequential entry where n 2 'office-seeking' candidates with privately known qualities arrive in an order to announce platform commitments and voters receive partially informative exogenous signals about quality of each...
Persistent link: https://www.econbiz.de/10010818193
This paper introduces two new concepts in evolutionary game theory; Nash equilibrium with Group Selection (NEGS) and Evolutionary Stable Strategy with Group Selection (ESSGS). These concepts generalize Maynard Smith and Price (1973) to settings with arbitrary matching rules, in particular they...
Persistent link: https://www.econbiz.de/10010818194
The endogeneity of equilibrium strategies makes modelling uncertainty about the behaviour of other economic players difficult. Recent developments in decision and game theory offer an opportunity to include strategic uncertainty as an explanatory variable in economic analysis. This paper...
Persistent link: https://www.econbiz.de/10005086687
In the Crawford-Sobel (uniform, quadratic utility) cheap-talk model we allow for mediation in which the informed agent reports one possible element of a partition to a mediator (a communication device) and then the mediator suggests an action to the uninformed decision-maker according to the...
Persistent link: https://www.econbiz.de/10005086703
If an inspector is work averse and his effort spent on investigating reports is not observable this creates a moral hazard problem whenever there is an imperfect monitoring technology. This problem arises because the organization can not distinguish between an inspection that doesn't find...
Persistent link: https://www.econbiz.de/10005086713
We consider the effect of giving incentives to ordinary citizens to report potential criminal activity. Additionally we look at the effect of "profiling" certain groups. In the first model, we focus on two kinds of profiling. If profiling means that police single out the profiled group for more...
Persistent link: https://www.econbiz.de/10005738200