Showing 1 - 10 of 385
is the only choice, what strategy is optimal? For example, in a high-jump competition, level of effort is not a … meaningful variable; what is of interest is the choice of strategy — the height attempted, or degree of difficulty. We study how …
Persistent link: https://www.econbiz.de/10011011332
strategy of the Evader is constructed. …
Persistent link: https://www.econbiz.de/10008853035
We investigate a simple motion pursuit-evasion differential game of one Pursuer and one Evader. Maximal speeds of the players are equal. The Evader moves along a given curve without self-intersection. There is no phase constraint for the Pursuer. Necessary and sufficient conditions to complete...
Persistent link: https://www.econbiz.de/10008853036
We propose a theory of the interaction between knowledge and games. Epistemic game theory is of course a well …-developed subject but there is also a need for a theory of how some agents can affect the outcome of a game by affecting the knowledge … knowledge manipulator who seeks to manipulate the knowledge states of active players in order to affect their moves and to …
Persistent link: https://www.econbiz.de/10011011327
Meier [Games Econ. Behav. 62, 53–66] shows that the universal knowledge–belief space exists. However, besides the … universality there is an other important property might be imposed on knowledge–belief spaces, inherited also from type spaces, the … completeness. In this paper, we introduce the notion of complete knowledge–belief space, and demonstrate that the universal …
Persistent link: https://www.econbiz.de/10011011348
A review of the literature on cost sharing solutions for the minimum cost spanning tree problem is proposed, with a particular focus on the folk and Kar solutions. We compare the characterizations proposed, helped by some equivalencies between sets of properties.
Persistent link: https://www.econbiz.de/10010883230
No abstract received.
Persistent link: https://www.econbiz.de/10010883231
No abstract received.
Persistent link: https://www.econbiz.de/10010883232
Restricting the analysis to general 2×2 coordination games, this article shows how under certain conditions, it is highly likely that individuals coordinate on a (pay-off) efficient through risk inferior convention. This contrasts with other equilibrium refinement criteria, such as risk...
Persistent link: https://www.econbiz.de/10010883233
The topic is two-fold. First, we prove the convexity of Owen's Airport Profit Game (inclusive of revenues and costs). As an adjunct, we characterize the class of 1-convex Airport Profit Games by equivalent properties of the corresponding cost function. Second, we classify the class of 1-convex...
Persistent link: https://www.econbiz.de/10010883234