Showing 1 - 10 of 12
On the Internet it is easy for someone to obtain a new identity. This introduces opportunities to misbehave without paying reputational consequences. A large degree of cooperation can still emerge, through a convention in which newcomers ``pay their dues'' by accepting poor treatment from...
Persistent link: https://www.econbiz.de/10010334276
In this paper we study consistency in the context of additive cost sharing mechanisms. We contrast an extremely weak notion of consistency with the standard definition, which we denote strong consistency. First we show that many well known CSMs are consistent in both senses: Aumann-Shapley,...
Persistent link: https://www.econbiz.de/10010334278
In this paper we study a large class of non-atomic games arising from interactions on the Internet, such as many users sharing a network link, researchers accessing a database or web server, subscribers to a network services provider trying to gain access to the modem pool and many more. We...
Persistent link: https://www.econbiz.de/10010334330
We provide several new characterizations of well known cost sharing methods (CSMs) as maxima of linear (or convex) functionals. For the Shapley-Shubik method the characterization has an interpretation in terms of randomly ordered agents choosing their most preferred CSM, while the...
Persistent link: https://www.econbiz.de/10010334334
We consider the social norms of repeated matching games in the presence of finite probability trembles and show that such norms must be subgame perfect along the equilibrium path but need not be subgame perfect off the equilibrium path. This is consistent with the well known experimental results...
Persistent link: https://www.econbiz.de/10010334342
This paper describes the results of simulation experiments performed on a suite of learning algorithms. We focus on games in {\em network contexts}. These are contexts in which (1) agents have very limited information about the game; users do not know their own (or any other agent's) payoff...
Persistent link: https://www.econbiz.de/10010334347
In this paper we develop a unified framework for the study of additive cost sharing methods. We show that any additive cost sharing method satisfying the dummy axiom can be generated by a (possibly infinite) convex combination of path generated methods. We also show that the set of scale...
Persistent link: https://www.econbiz.de/10010334353
Using a new representation theorem for additive cost sharing methods as sums of path methods, we show that many of the standard additive cost sharing methods (Aumann-Shapley, Shapley Shubik, and Serial Cost) are consistent. These results follow directly from a simple sufficient condition for...
Persistent link: https://www.econbiz.de/10010334354
We address the problem of learning and implementation on the Internet. When agents play repeated games in distributed environments like the Internet, they have very limited {\em a priori} information about the other players and the payoff matrix, and the play can be highly asynchronous....
Persistent link: https://www.econbiz.de/10010334355
We consider three new axioms for surplus sharing problems. The first is strong monotonicity which says that workers should be rewarded for increases in productivity and the second says that productive workers should receive some compensation. The third requires that the surplus sharing rule...
Persistent link: https://www.econbiz.de/10010334371