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Knowledge, Coordination, and Fiscal Federalism: An Organizational Perspective

GARZARELLI, Giampaolo; LIMAM, Yasmina Reem - EconWPA - 2003

standpoint of knowledge asymmetry the question of a central government in a federation becomes primarily a story of coordination …

Persistent link: https://www.econbiz.de/10005125888

Mura, Pierfrancesco La - EconWPA - 2003

Correlated equilibria are sometimes more efficient than the Nash equilibria of a game without signals. We investigate whether the availability of quantum signals in the context of a classical strategic game may allow the players to achieve even better efficiency than in any correlated...

Persistent link: https://www.econbiz.de/10005062351

Learning Under Little Information: An Experiment on Mutual Fate Control

Mitropoulos, Atanasios - EconWPA - 2001

Reinforcement learning has proved quite successful in predicting subjects' adjustment behaviour in repeatedly played simple games. However, reinforcement learning does not predict convergence to the efficient cell in the minimal information game of mutual fate control, while earlier...

Persistent link: https://www.econbiz.de/10005407543

Little Information, Efficiency, and Learning - An Experimental Study

Mitropoulos, Atanasios - EconWPA - 2001

information. This way we are able to investigate (i) the coordination abilities of the subjects depending on the underlying game …

Persistent link: https://www.econbiz.de/10005407575

Breaking the Symmetry: Optimal Conventions in Repeated Symmetric Games

Bhaskar, V. - EconWPA - 1997

-of-the-sexes. In repeated interaction, asymmetric coordination is possible possible via symmetric repeated game strategies. This … asymmetric continuation paths. The multiplicity of possible conventions gives rise to a coordination problem at a higher level if … the game is one of pure coordination. However, if there is a slight conflict of interest between players, a unique optimal …

Persistent link: https://www.econbiz.de/10005407601

Learning in Different Social Contests

Novarese, Marco - EconWPA - 2004

cooperation and coordination within teams. Using artificial agents, different social contests are created, as training …

Persistent link: https://www.econbiz.de/10005407620

Transport contract optimization under information asymmetry: an example

Brusset, Xavier; Temme, Nico - EconWPA - 2005

The present paper shows why information asymmetry and bivariate stochastic demand and spot price induce different behaviours and economic inefficiency in a carrier – shipper relationship. An example is offered of a single period, single echelon, shipper-carrier transport model where demand...

Persistent link: https://www.econbiz.de/10005407959

Behavioral Strategies in Repeated Pure Coordination Games

Zwick, Rami; Rapoport, Amnon; Lo, Alison King Chung - EconWPA - 2001

We study experimentally a class of pure coordination games as a special case of the Consumer Choice of Prizes game … developed by Rapoport et al. (2000). We find a high level of group coordination coupled with considerable switching in the …

Persistent link: https://www.econbiz.de/10005408213

Privacy or Publicity - Who Drives the Wheel?

Bannier, Christina E. - EconWPA - 2003

Financial markets are to a very large extent influenced by the advent of information. Such disclosures, however, do not only contain information about fundamentals underlying the markets, but they also serve as a focal point for the beliefs of market participants. This dual role of information...

Persistent link: https://www.econbiz.de/10005550876

An Experiment on the Value of Structural Information in a 2x2 Repeated Game

Mitropoulos, Atanasios - EconWPA - 2002

In experimental studies pairs that repeatedly play the simple coordination game mutual fate control may regularly fail …

Persistent link: https://www.econbiz.de/10005550889