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pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it …
Persistent link: https://www.econbiz.de/10013333575
pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it …
Persistent link: https://www.econbiz.de/10014467786
negatively related to the efficiency of search. …
Persistent link: https://www.econbiz.de/10005147112
pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it …
Persistent link: https://www.econbiz.de/10013331070
pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it …
Persistent link: https://www.econbiz.de/10014458804
basic model to a search market shows that the gains from delegation are negatively related to the efficiency of search. …
Persistent link: https://www.econbiz.de/10005168992
We consider social contracts for resolving conflicts between two agents who are uncertain about each other's fighting potential. Applications include international conflict, litigation, and elections. Even though only a peaceful agreement avoids a loss of resources, if this loss is small enough,...
Persistent link: https://www.econbiz.de/10012780612
We consider mechanisms for resolving conflicts between two agents who are uncertain about each other's fighting potential. Applications include international conflict, litigation, and elections. Even though only a peaceful agreement avoids a loss of resources, if this loss is small enough, then...
Persistent link: https://www.econbiz.de/10005168991
We consider Bayesian incentive compatible and individually rational mechanisms for resolving conflicts between two agents who are uncertain about each other's fighting potential. We model the default option of outright conflict as a probabilistic contest. Examples of such contests may be...
Persistent link: https://www.econbiz.de/10005423852
Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004: This paper provides an analytical framework for studying principal-agent problems with adverse selection and limited commitment. By allowing the principal to use noisy communication we solve two fundamental problems of...
Persistent link: https://www.econbiz.de/10010333920