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This note proposes a graphical approach useful in game theory. This method consists in representing incentives to move strategically to graphical areas. The method can be used on several occasions we apply it as an example to the model of Bouët (2001).
Persistent link: https://www.econbiz.de/10010836097
This note proposes a graphical approach useful in game theory. This method consists in representing incentives to move strategically to graphical areas. The method can be used on several occasions we apply it as an example to the model of Bouët (2001).
Persistent link: https://www.econbiz.de/10005196416
Within the context of games on networks S. Goyal (Goyal (2007), pg. 39) posed the following problem. Under any arbitrary but fixed topology, does there exist at least one pure Nash equilibrium that exhibits a positive relation between the cardinality of a player's set of neighbors and its...
Persistent link: https://www.econbiz.de/10009207370
This paper uses dynamic games with complete and perfect information in solution of water conflict in Central Asia. The benefits and costs of the countries for their actions are modelled as payoffs for decision-makers within the frame of game theory concept. The equilibrium increasing the...
Persistent link: https://www.econbiz.de/10010629347
The experiment disentangles communication and social effect in face-to-face communication. The results question the previous interpretation of communication effects in ultimatum bargaining, and suggest that separate processes, both of a strategic and of an affective-social nature induce...
Persistent link: https://www.econbiz.de/10005416806
This paper proves the existence of non-empty cores for directed network problems with quotas and for those combinatorial allocation problems which permit only exclusive allocations.
Persistent link: https://www.econbiz.de/10005416809
This article considers a model of spatial competition where firms and consumers are located in a semicircular space rather than in the whole circle (Salop's model) or the linear city (Hotelling's model), under the assumptions of both, convex and concave, transportation costs. The paper tries to...
Persistent link: https://www.econbiz.de/10005416821
We consider one-to-one markets where workers can apply to a centralized procedure either alone or as a couple, in order to reach a core- stable matching of firms and workers. We impose stringent restrictions on the preferences of couples capturing the fact that spouses want to live in the same...
Persistent link: https://www.econbiz.de/10005416829
By a result of Pearce (1984), in a finite strategic form game, the set of a player's serially undominated strategies coincides with her set of rationalizable strategies. In this note we consider an extension of this result that applies to games with continuous utility functions that are...
Persistent link: https://www.econbiz.de/10005416841
This paper presents a sufficient condition for the quasi-acyclic condition. A game is quasi-acyclic if from any strategy profile, there exists a finite sequence of strict best replies that ends in a pure strategy Nash equilibrium. The best-reply dynamics must converge to a pure strategy Nash...
Persistent link: https://www.econbiz.de/10005416868