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Persistent link: https://www.econbiz.de/10005329055
Persistent link: https://www.econbiz.de/10005332705
We study how professional players and college students play zero-sum two-person strategic games in a laboratory setting. We first ask professionals to play a 2 × 2 game that is formally identical to a strategic interaction situation that they face in their natural environment. Consistent with...
Persistent link: https://www.econbiz.de/10005332122
This paper examines the problem of measuring intellectual influence based on data on citations between scholarly publications. We follow an axiomatic approach and find that the properties of invariance to reference intensity, weak homogeneity, weak consistency, and invariance to splitting of...
Persistent link: https://www.econbiz.de/10005333052
Persistent link: https://www.econbiz.de/10005699853
Our concern is the extension of the theory of the Shapley value to problems involving externalities. Using the standard axiom systems behind the Shapley value leads to the identification of bounds on players' payoffs around an "externality-free" value. The approach determines the direction and...
Persistent link: https://www.econbiz.de/10005231930