Similar Search Results

ANC Analytical Payoff Functions for Networks with Endogenous Bilateral Long Cheap Talk

Nieva, Ricardo - Econometric Society - 2004

We derive an almost non cooperative (ANC) analytical payoff function for all three-agent Aumann-Myerson (1988) games, and tractable ones exist for all three-agent A-M-like network games with any fixed valuation, in contrast to restricted results in the literature, if at all. Unlike link proposal...

Persistent link: https://www.econbiz.de/10005702641

A Fictitious Play of the Nash Demand Game Implements the Nash Bargaining Solution

In, Younghwan - Econometric Society - 2004

We study a repeated Nash demand game, where bargainers follow a fictitious play procedure after their one-shot decision on demand in the initial period. In the reduced static game they play at the initial period, all the epsilon-equilibria are clustered around the division corresponding to the...

Persistent link: https://www.econbiz.de/10005702751

The Gamma-Core and Coalition Formation

Chander, Parkash - Econometric Society - 2004

This paper reinterprets the gamma-core (Chander and Tulkens (1995, 1997)) and justifies it as well as its prediction …

Persistent link: https://www.econbiz.de/10005342201

Virtual utility and the core for games with incomplete information

Myerson, Roger - Econometric Society - 2004

The core is extended to games with incomplete information. The feasible set is characterized by incentive …

Persistent link: https://www.econbiz.de/10005342211

Information Transmission in Coalitional Voting Games

Vohra, Rajiv; Serrano, Roberto - Econometric Society - 2004

A core allocation of a complete information economy can be characterized as one that would not be unanimously rejected … such voting games, this approach makes it possible to derive core concepts in which information sharing is endogenous. Our … results lend support to credible core of Dutta and Vohra (2003) and the core proposed by Myerson (2003) as two that can be …

Persistent link: https://www.econbiz.de/10005130219

Double-Holdups in a Matching Model with Search Frictions and Endogenous Heterogeneity

Navarro, Lucas - Econometric Society - 2004

random matching model with endogenous heterogeneity. I analyze the efficiency properties of the equilibrium and find that in …

Persistent link: https://www.econbiz.de/10005328902

Matching and Price Competition

Levin, Jonathan; Bulow, Jeremy - Econometric Society - 2004

We develop a model in which firms set their salary levels before matching with workers. Wages fall relative to any … recent antitrust case against the National Residency Matching Program in light of our results …

Persistent link: https://www.econbiz.de/10005328996

A Theoretical Foundation for Bilateral Matching Mechanisms

Aliprantis, C.D.; Camera, G. - Econometric Society - 2004

This work introduces a rigorous set-theoretic foundation of bilateral matching mechanisms and studies their properties … in a systematic manner. By providing a unified framework to study ilateral matching mechanisms, we formalize how … different spatial/informational constraints can be implemented via a careful selection of matching mechanisms. In particular …

Persistent link: https://www.econbiz.de/10005063736

The Role of Trust in Costly Network Formation

Sarangi, Sudipta; Gilles, Robert P. - Econometric Society - 2004

We investigate game theoretic models of entwork formation that are based on individual actions only. Our approach is grounded in three simple and realistic principles. (1) Link formation should be a binary process of consent. (2) Link formation should be costly. (3) The class of network payoff...

Persistent link: https://www.econbiz.de/10005342278

Coalitional Manipulation on Communication Network

Ju, Biung-Ghi - Econometric Society - 2004

In an abstract model of division problems, we study division rules that are not manipulable through a reallocation of individual characteristic vectors within a coalition (e.g. reallocation of claims in bankruptcy problems). A coalition can be formed if members of the coalition are connected on...

Persistent link: https://www.econbiz.de/10005130230