Showing 1 - 10 of 30
Persistent link: https://www.econbiz.de/10005407524
The model of 2 x 2 coordination games in Kandori, Mailath, and Rob (Econometrica 1993) is extended to allow for a …
Persistent link: https://www.econbiz.de/10005407626
which contains a pure coordination game such that every Perfect equilibrium of every game in the neighborhood approximates … to an arbitrary degree the unique Pareto dominant payoff of the pure coordination game. …
Persistent link: https://www.econbiz.de/10005550877
The paper discusses coordination games with remote players that have access to an entangled quantum state. It shows … for improving coordination of actions. A necessary condition is provided that helps to determine when an entangled quantum … state can be useful for improving coordination. …
Persistent link: https://www.econbiz.de/10005118632
learning rule, a modification of win-stay lose-change, does predict convergence. We perform an experiment using modern economic …
Persistent link: https://www.econbiz.de/10005407543
and design an experiment in which subjects re-peatedly play 4 simple games within 4 sets of 40 rounds under little … information. This way we are able to investigate (i) the coordination abilities of the subjects depending on the underlying game …
Persistent link: https://www.econbiz.de/10005407575
-of-the-sexes. In repeated interaction, asymmetric coordination is possible possible via symmetric repeated game strategies. This … asymmetric continuation paths. The multiplicity of possible conventions gives rise to a coordination problem at a higher level if … the game is one of pure coordination. However, if there is a slight conflict of interest between players, a unique optimal …
Persistent link: https://www.econbiz.de/10005407601
This paper aims at analysing the effects of learning on the individual behaviour in an experiment that requires … cooperation and coordination within teams. Using artificial agents, different social contests are created, as training …
Persistent link: https://www.econbiz.de/10005407620
Correlated equilibria are sometimes more efficient than the Nash equilibria of a game without signals. We investigate whether the availability of quantum signals in the context of a classical strategic game may allow the players to achieve even better efficiency than in any correlated...
Persistent link: https://www.econbiz.de/10005062351
Financial markets are to a very large extent influenced by the advent of information. Such disclosures, however, do not only contain information about fundamentals underlying the markets, but they also serve as a focal point for the beliefs of market participants. This dual role of information...
Persistent link: https://www.econbiz.de/10005550876