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Beliefs and rationalizability in games with complementarities
Mathevet, Laurent - Volkswirtschaftliche Fakultät, … - 2012
uniqueness results and allow to study rationalizability in new environments. We provide applications to supermodular mechanism …
Persistent link: https://www.econbiz.de/10009422003
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Interim Partially Correlated Rationalizability
Tang, Qianfeng - Volkswirtschaftliche Fakultät, … - 2010
correlated rationalizability for games with incomplete information. We argue that the distinction between this solution concept … and the interim correlated rationalizability studied by Dekel, Fudenberg and Morris (2007) is fundamental, in that the … partially correlated rationalizability if and only if they have the same infinite hierarchy of beliefs over conditional beliefs …
Persistent link: https://www.econbiz.de/10008728075
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On the Strategic Impact of an Event under Non-Common Priors
Oyama, Daisuke; Tercieux, Olivier - Volkswirtschaftliche Fakultät, … - 2005
This paper studies the impact of a small probability event on strategic behavior in incomplete information games with non-common priors. It is shown that the global impact of a small probability event (i.e., its propensity to affect strategic behavior at all states in the state space) has an...
Persistent link: https://www.econbiz.de/10005837461
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Comment: The Identification Power of Equilibrium in Simple Games
Aguirregabiria, Victor - Volkswirtschaftliche Fakultät, … - 2008
Markov Perfect Equilibrium (MPE) with weaker conditions such as rational behavior and rationalizability. The identification …
Persistent link: https://www.econbiz.de/10005034988
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Periodic strategies and rationalizability in perfect information 2-Player strategic form games
Oikonomou, V.K.; Jost, J - Volkswirtschaftliche Fakultät, … - 2013
epistemic analysis of the rationalizability concept of Bernheim and Pearce. We analyze in detail the pure strategies and mixed …
Persistent link: https://www.econbiz.de/10011110562
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A Note on Intrinsic Correlation
Du, Songzi - Volkswirtschaftliche Fakultät, … - 2008
In this note we characterize the strategic implication of intrinsic correlation, introduced by Brandenburger and Friedenberg (2008), in the subjective correlated equilibrium setting of a complete information game. Intrinsic correlation restricts correlation devices to variables within the game,...
Persistent link: https://www.econbiz.de/10005668411
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Search theory and applied economic research
Amstad, Marlene; Berentsen, Aleksander - Volkswirtschaftliche Fakultät, … - 2002
In the summer of 2002, the Swiss National Bank (SNB) hosted the “SNB-Fed Cleveland Workshop on Monetary Economics”. Recent years have seen the development of the search-theoretic approach to monetary theory. It has established itself as an important strand of monetary theory in a very short...
Persistent link: https://www.econbiz.de/10005000641
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Optimal Taxation and (Female)-Labor Force Participation over the Cycle
Jung, Philip - Volkswirtschaftliche Fakultät, … - 2007
Optimal labor tax results over the cycle are, quantitatively, typically driven by an estimate of the intratemporal elasticity of substitution that governs the reaction of hours worked to business cycle shocks and tax rate changes. A recent literature tries to decompose this intratemporal...
Persistent link: https://www.econbiz.de/10005619536
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Dynamic matching and bargaining games: A general approach
Lauermann, Stephan - Volkswirtschaftliche Fakultät, … - 2011
This paper presents a new characterization result for competitive allocations in quasilinear economies. This result is informed by the analysis of non-cooperative dynamic search and bargaining games. Such games provide models of decentralized markets with trading frictions. A central objective...
Persistent link: https://www.econbiz.de/10009147692
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Increasing returns in matching and labour market dynamics: Comments on indeterminacy and search theory
Guerrazzi, Marco - Volkswirtschaftliche Fakultät, … - 2015
matching technology. Building on the theoretical framework set forth by Giammarioli (2003), I argue that increasing returns … the social elasticity of the matching function with respect to unemployment. …
Persistent link: https://www.econbiz.de/10011157018