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Individualism and equilibrium coordination in games

Janssen, Maarten C. W. - 1996

Persistent link: https://www.econbiz.de/10000934376

Competition and entry in banking : implications for stability and capital regulation

Boot, Arnoud W. A.; Marinč, Matej - 2006

We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the … requirements can lead to more entry into banking, essentially by reducing the competitive strength of lower quality banks. We also …

Persistent link: https://www.econbiz.de/10011348715

The impact of nai͏̈ve advice and observational learning in beauty-contest games

Kocher, Martin; Sutter, Matthias; Wakolbinger, Florian - 2007

Persistent link: https://www.econbiz.de/10003422891

Selective competition

Dubovik, Andrei; Parakhonyak, Alexei - 2009

We consider a dynamic (differential) game with three players competing against each other. Each period each player can allocate his resources so as to direct his competition towards particular rivals -- we call such competition selective. The setting can be applied to a wide variety of cases:...

Persistent link: https://www.econbiz.de/10011378872

Bertrand price competition in a social environment

Tieman, Alexander F.; Laan, Gerard van der; Houba, Harold - 1998

We analyze the behavior of producers who compete through price competition in a social environment from a sociological point of view. The standard model of Bertrand price competition is enriched with producers who follow a "Win Cooperate, Lose Defect" (WCLD) strategy. This strategy is a...

Persistent link: https://www.econbiz.de/10010232132

Strong time-consistency in the cartel-versus-fringe model

Groot, Fons; Withagen, Cees; Zeeuw, Aart de - 1996

Persistent link: https://www.econbiz.de/10000932103

Bertrand price competition in a social environment

Tieman, Alexander F.; Laan, Gerard van der; Houba, Harold - 1996

Persistent link: https://www.econbiz.de/10000944384

A theory on media bias and elections

Sun, Junze; Schram, Arthur; Sloof, Randolph - 2019

We develop a tractable theory to study the impact of biased media on election outcomes, voter turnout and welfare. News released by media allows voters to infer the relative appeal of the two candidates, and the closeness of elections. In large elections, the former determines the election...

Persistent link: https://www.econbiz.de/10012030647

The impact of naïve advice and observational learning in beauty-contest games

Kocher, Martin; Sutter, Matthias; Wakolbinger, Florian - 2007 - This version: January 24, 2007

We study the impact of advice or observation on the depth of reasoning in an experimental beauty-contest game. Both sources of information trigger faster convergence to the equilibrium. Yet, we find that subjects who receive naïve advice outperform uninformed subjects permanently, whereas...

Persistent link: https://www.econbiz.de/10011350357

Obvious mistakes in a strategically simple college admissions environment

Shorrer, Ran I.; Sóvágó, Sándor - 2017

In a centralized marketplace that was designed to be simple, we identify participants whose choices are dominated. Using administrative data from Hungary, we show that college applicants make obvious mistakes: they forgo the free opportunity to receive a tuition waiver worth thousands of...

Persistent link: https://www.econbiz.de/10011772987

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