Showing 1 - 7 of 7
Proving the folk theorem in a game with three or more players usually requires imposing restrictions on the dimensionality of the stage-game payoffs. Fudenberg and Maskin (1986) assume full dimensionality of payoffs, while Abreu et al. (1994) assume the weaker NEU condition ("nonequivalent...
Persistent link: https://www.econbiz.de/10009249703
We consider a model of competition between two players, each of whom faces a multi-armed bandit problem. A player chooses between activating a risky option (modelled as a Poisson process with unknown arrival rate) to which she has exclusive access, and competing for the use of a single safe...
Persistent link: https://www.econbiz.de/10010836378
This paper introduces a new geometric method for constructing equilibrium distributions in the Colonel Blotto game with asymmetric battlefield values, generalizing the construction method of Laslier and Picard (2002). Our method does particularly well in instances of the Colonel Blotto game in...
Persistent link: https://www.econbiz.de/10010836379
We analyze the social and private learning at the symmetric equilibria of a queueing game with strategic experimentation. An infinite sequence of agents arrive at a server which processes them at an unknown rate. The number of agents served at each date is either: a geometric random variable in...
Persistent link: https://www.econbiz.de/10010748240
We analyze a model in which individuals have hereditary reproductive types. The reproductive value of an individual is determined by her reproductive type and the amount of resources she can access. We introduce the possibility of suicide and assume it is also a genetic trait that interacts with...
Persistent link: https://www.econbiz.de/10011030508
Economic Development in Palanpur over Five Decades. Edited by Peter Lanjouw and Nicholas Stern. Oxford: Clarendon Press; 1988. Pp.xxviii + 640. £70. ISBN 0198288328 Critical Perspectives on Schooling and Fertility Decline in the Developing World. Edited by Caroline H. Bledsoe, John B....
Persistent link: https://www.econbiz.de/10009224684
Against the discouraging background of the fate of the Kyoto Protocol, this article looks at the more encouraging development of a more integrated understanding of the global social, economic and environmental condition. The focus is the learning that is taking place between health researchers...
Persistent link: https://www.econbiz.de/10005692212