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Limit pricing and entry under incomplete information : an equilibrium analysis

Milgrom, Paul; Roberts, John - In: Econometrica : journal of the Econometric Society, an … 50 (1982) 2, pp. 443-459

Persistent link: https://www.econbiz.de/10002493304

Analysis of Strategies to Promote Cooperation in Distributed Service Discovery

Martínez-Canovas, Guillem; Val, Elena Del; Botti, Vicente - Estructura de Recerca Interdisciplinar Comportament … - 2014

New systems can be designed, developed, and managed as societies of agents that interact with each other by offering and providing services. These systems can be viewed as complex networks where nodes are bounded rational agents. In order to deal with complex goals, they require the cooperation...

Persistent link: https://www.econbiz.de/10010772260

Compressed Equilibrium in Large Repeated Games of Incomplete Information

Kalai, Ehud; Shmaya, Eran - Center for Mathematical Studies in Economics and … - 2013

Due to their many applications, large Bayesian games have been a subject of growing interest in game theory and related … player types are independent and (3) assume that the number of players is known. The current paper develops a general theory …

Persistent link: https://www.econbiz.de/10010659195

Almost-Rational Learning of Nash Equilibrium without Absolute Continuity

Norman, Thomas - Department of Economics, Oxford University - 2012

If players learn to play an infinitely repeated game using Bayesian learning, it is known that their strategies eventually approximate Nash equilibria of the repeated game under an absolute-continuity assumption on their prior beliefs. We suppose here that Bayesian learners do not start with...

Persistent link: https://www.econbiz.de/10011004151

Limits to Rational Learning

Levy, Yehuda - Department of Economics, Oxford University - 2014

A long-standing open question raised in the seminal paper of Kalai and Lehrer (1993) is whether or not the play of a repeated game, in the rational learning model introduced there, must eventually resemble play of exact equilibria, and not just play of approximate equilibria as demonstrated...

Persistent link: https://www.econbiz.de/10011004368

Game Theory: An Introduction

Tadelis, Steven - Princeton University Press

This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that … information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games …, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory …

Persistent link: https://www.econbiz.de/10010681117