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Why Fairness? Facial Expressions, Evolutionary Psychology, and the Emergence of Fairness in Simple Bargaining Games

Eckel, Catherine; Wilson, Rick K. - 1999

"One of the successes in contemporary social science is the development and proliferation of game theory. For a wide range of phenomena, game theory produces enormous insight into the strategic interaction of individuals. Its greatest power lies with predicting the behavior of large groups --...

Persistent link: https://www.econbiz.de/10009468443

14.123 Microeconomic Theory III, Spring 2009

Eso, Peter - 2009

This half-semester course discusses decision theory and topics in game theory. We present models of individual decision-making under certainty and uncertainty. Topics include preference orderings, expected utility, risk, stochastic dominance, supermodularity, monotone comparative statics,...

Persistent link: https://www.econbiz.de/10009432546

Under-connected and over-connected networks

Buechel, Berno; Hellmann, Tim - 2008

Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between individual strategic behavior and collective outcome. What has...

Persistent link: https://www.econbiz.de/10009452539

On the stability of CSS under the replicator dynamic

Louge, Fernando - 2010

This paper considers a two-player game with a one-dimensional continuous strategy. We study the asymptotic stability of equilibria under the replicator dynamic when the support of the initial population is an interval. We find that, under strategic complementarities, Continuously Stable Strategy...

Persistent link: https://www.econbiz.de/10009452570

Evolutionary stability of first price auctions

Louge, Fernando; Riedel, Frank - 2010

This paper studies the evolutionary stability of the unique Nash equilibrium of a first price sealed bid auction. It is shown that the Nash equilibrium is not asymptotically stable under payoff monotonic dynamics for arbitrary initial populations. In contrast, when the initial population...

Persistent link: https://www.econbiz.de/10009452572

Enhancing expert system intelligentagents using game theory

Vineyard, Craig - 2009

An agent is generally defined as an entity capable of perceiving its environment and accomplishing a particular action without explicit instruction. Blindly taking directives without thinking is typically not intelligent, so rather a software agent is deemed intelligent if it may be...

Persistent link: https://www.econbiz.de/10009429652

Multilateral bargaining and strategic investments in the Eurasian gas supply network

Ikonnikova, Svetlana - 2008

This thesis consists of three related essays, which develop the framework to study multilateral bargaining and … in the Eurasian gas supply chain. The first analytical part of the thesis concerns multilateral bargaining Russia and … to create countervailing power. The second part of the thesis deals with multilateral bargaining and coalition formation …

Persistent link: https://www.econbiz.de/10009467105

Monitoring, Information Technology and the Labor Share

Schneider, Dorothee - 2011

that data trends for the labor share, wages in efficiency units, and labor in efficiency units over capital can be matched …

Persistent link: https://www.econbiz.de/10009467128

Whose Money? Whose Time? A Nonparametric Approach to Modeling Time Spent on Housework

Gupta, Sanjiv; Ash, Michael - 2006

We argue that earlier quantitative research on the relationship between heterosexual partners’ earnings and time spent on housework has two basic flaws. First, it has focused on the effects of women’s shares of couples’ total earnings on their housework, and has not considered the simpler...

Persistent link: https://www.econbiz.de/10009467900

Imperfect Information, Multilateral Bargaining, and Unitization: An Experimental Analysis

Wiggins, Steve; Hackett, Steven C.; Battalio, Raymond C. - 1991

"This paper provides an experimental analysis of bargaining under imperfect information, molded by the circumstances …) link between the unitization field data, and the highly developed experimental bargaining work of Roth and Malouf, and Roth …

Persistent link: https://www.econbiz.de/10009468342