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Periodic strategies and rationalizability in perfect information 2-Player strategic form games
Oikonomou, V.K.; Jost, J - Volkswirtschaftliche Fakultät, … - 2013
epistemic analysis of the rationalizability concept of Bernheim and Pearce. We analyze in detail the pure strategies and mixed …
Persistent link: https://www.econbiz.de/10011110562
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A Note on Intrinsic Correlation
Du, Songzi - Volkswirtschaftliche Fakultät, … - 2008
In this note we characterize the strategic implication of intrinsic correlation, introduced by Brandenburger and Friedenberg (2008), in the subjective correlated equilibrium setting of a complete information game. Intrinsic correlation restricts correlation devices to variables within the game,...
Persistent link: https://www.econbiz.de/10005668411
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Partially Honest Nash Implementation: A Full Characterization
Lombardi, Michele; Yoshihara, Naoki - Volkswirtschaftliche Fakultät, … - 2011
) implementation with partially honest agents when there are three or more participants. First, it establishes a condition which is … necessary and sufficient for implementation. Second, it provides simple tests for checking whether or not a social choice … correspondence can be implemented. Their usefulness is shown by examining implementation in a wide variety of environments. …
Persistent link: https://www.econbiz.de/10011258792
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The problem of arising the Pareto inefficient norm in relations “investor – government” type.
Sokolovskyi, Dmytro; Sokolovska, Olena - Volkswirtschaftliche Fakultät, … - 2013
The article deals with problem of forming of Pareto non-optimal norms of mutual behavior of investors and government in the process of decision-making related to financing of reduction of risks of investment activity in economy. The game-theoretical analysis suggests that inefficiency of arising...
Persistent link: https://www.econbiz.de/10011257751
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Elementary game theory
Soni, Himanshu; Sharma, Damini - Volkswirtschaftliche Fakultät, … - 2015
The theory of games (or game theory) is a mathematical theory that deals with the general features of competitive situations. It involves strategic thinking, and studies the way people interact while making economic policies, contesting elections and other such decisions. There are various types...
Persistent link: https://www.econbiz.de/10011166059
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On prospects and games: an equilibrium analysis under prospect theory
Rindone, Fabio; Greco, Salvatore; Di Gaetano, Luigi - Volkswirtschaftliche Fakultät, … - 2013
The aim of this paper is to introduce prospect theory in a game theoretic framework. We address the complexity of the weighting function by restricting the object of our analysis to a 2-player 2-strategy game, in order to derive some core results. We find that dominant and indifferent strategies...
Persistent link: https://www.econbiz.de/10011110809
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Social choice and game theory: recent results with a topological approach
Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1983
This chapter presents a summary of recent results obtained in game and social choice theories, and highlights the application and the development of tools in algebraic topology. The purpose is expository: no attempt is made to provide complete proofs, for which references are given, nor to...
Persistent link: https://www.econbiz.de/10005789359
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Environmental lobbying with imperfect monitoring of environmental quality
Beard, Rodney; Mallawaarachchi, Thilak; Salerno, Gillian - Volkswirtschaftliche Fakultät, … - 2007
In this paper we present a two stage game of political lobbying for policies designed to enhance environmental quality. Unlike previous work which has tended to assume perfect monitoring of environmental quality in lobbying games we allow for imperfect monitoring of environmental quality. We...
Persistent link: https://www.econbiz.de/10005835582
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On the Strategic Impact of an Event under Non-Common Priors
Oyama, Daisuke; Tercieux, Olivier - Volkswirtschaftliche Fakultät, … - 2005
This paper studies the impact of a small probability event on strategic behavior in incomplete information games with non-common priors. It is shown that the global impact of a small probability event (i.e., its propensity to affect strategic behavior at all states in the state space) has an...
Persistent link: https://www.econbiz.de/10005837461
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Interim Partially Correlated Rationalizability
Tang, Qianfeng - Volkswirtschaftliche Fakultät, … - 2010
correlated rationalizability for games with incomplete information. We argue that the distinction between this solution concept … and the interim correlated rationalizability studied by Dekel, Fudenberg and Morris (2007) is fundamental, in that the … partially correlated rationalizability if and only if they have the same infinite hierarchy of beliefs over conditional beliefs …
Persistent link: https://www.econbiz.de/10008728075