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Endogenous abatement technology agreements under environmental regulation
Aoyama, Naoto; Silva, Emilson C. D. - In: Games 13 (2022) 2, pp. 1-30
pollution tax to maximize domestic welfare. We consider the potential implementation of three innovation agreements: cooperative … research joint venture (RJV), non-cooperative RJV, and licensing. In the cooperative (non-cooperative) RJV, the firms (do not …) internalize R&D spillovers. We show that, for the domestic firm, the cooperative RJV dominates, and licensing is the least …
Persistent link: https://www.econbiz.de/10013252755
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Information disclosure through technology licensing
Mukherjee, Arijit; Bagchi, Aniruddha - In: Games 11 (2020) 3/37, pp. 1-8
licensing. However, unlike the case of a cost-free honest outside agency, where information transmission always occurs under a … quantity setting oligopoly, information transmission through licensing does not always occur. …
Persistent link: https://www.econbiz.de/10012432202
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Information disclosure through technology licensing
Mukherjee, Arijit; Bagchi, Aniruddha - In: Games 11 (2020) 3, pp. 1-8
licensing. However, unlike the case of a cost-free honest outside agency, where information transmission always occurs under a … quantity setting oligopoly, information transmission through licensing does not always occur. …
Persistent link: https://www.econbiz.de/10013200035
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(Un)bounded rationality in decision making and game theory : back to square one?
Güth, Werner; Kliemt, Hartmut - In: Games 1 (2010) 1, pp. 53-65
Game and decision theory start from rather strong premises. Preferences, represented by utilities, beliefs represented by probabilities, common knowledge and symmetric rationality as background assumptions are treated as “given.” A richer language enabling us to capture the process leading...
Persistent link: https://www.econbiz.de/10009751382
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A modal logic of epistemic games
Lorini, Emiliano; Schwarzentruber, François - In: Games 1 (2010) 4, pp. 478-526
We propose some variants of a multi-modal of joint action, preference and knowledge that support reasoning about epistemic games in strategic form. The first part of the paper deals with games with complete information. We first provide syntactic proofs of some well-known theorems in the area of...
Persistent link: https://www.econbiz.de/10009752449
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Computer solution to the game of pure strategy
Rhoads, Glenn C.; Bartholdi, Laurent - In: Games 3 (2012) 3, pp. 150-156
We numerically solve the classical "Game of Pure Strategy" using linear programming. We notice an intricate even-odd behaviour in the results of our computations that seems to encourage odd or maximal bids.
Persistent link: https://www.econbiz.de/10009754113
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The dynamics of costly signaling
Wagner, Elliott O. - In: Games 4 (2013) 2, pp. 163-181
Costly signaling is a mechanism through which the honesty of signals can be secured in equilibrium, even in interactions where communicators have conflicting interests. This paper explores the dynamics of one such signaling game: Spence’s model of education. It is found that separating...
Persistent link: https://www.econbiz.de/10009754763
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External pressure on alliances : what does the prisoners’ dilemma reveal?
Binner, Jane M.; Fletcher, Leslie R.; Kolokoltsov, Vassili - In: Games 4 (2013) 4, pp. 754-775
Prompted by a real-life observation in the UK retail market, a two-player Prisoners’ Dilemma model of an alliance between two firms is adapted to include the response of a rival firm, resulting in a version of a three-player Prisoners’ Dilemma. We use this to analyse the impact on the...
Persistent link: https://www.econbiz.de/10010240818
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Schelling, von Neumann, and the event that didn’t occur
Field, Alexander James - In: Games 5 (2014) 1, pp. 53-89
Thomas Schelling was recognized by the Nobel Prize committee as a pioneer in the application of game theory and rational choice analysis to problems of politics and international relations. However, although he makes frequent references in his writings to this approach, his main explorations and...
Persistent link: https://www.econbiz.de/10010338164
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Introducing disappointment dynamics and comparing behaviors in evolutionary games : some simulation results
Patokos, Tassos - In: Games 5 (2014) 1, pp. 1-25
The paper presents an evolutionary model, based on the assumption that agents may revise their current strategies if they previously failed to attain the maximum level of potential payoffs. We offer three versions of this reflexive mechanism, each one of which describes a distinct type:...
Persistent link: https://www.econbiz.de/10010338167