Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10011583391
Persistent link: https://www.econbiz.de/10011747653
This note studies the problem of implementing social choice correspondences in environments where individuals have doubts about the rationality of their opponents. We postulate the concept of "-minimax regret as our solution concept and show that social choice correspondences that are Maskin...
Persistent link: https://www.econbiz.de/10003898916
Persistent link: https://www.econbiz.de/10008663226
Persistent link: https://www.econbiz.de/10009243268
Persistent link: https://www.econbiz.de/10003806043
Persistent link: https://www.econbiz.de/10003723166
Persistent link: https://www.econbiz.de/10003725639
This note studies the problem of implementing social choice correspondences in environments where individuals have doubts about the rationality of their opponents. We postulate the concept of ε-minimax regret as our solution concept and show that social choice correspondences that are Maskin...
Persistent link: https://www.econbiz.de/10014202508
This paper introduces a new solution concept, a minimax regret equilibrium, which allows for the possibility that players are uncertain about the rationality and conjectures of their opponents. We provide several applications of our concept. In particular, we consider price-setting environments...
Persistent link: https://www.econbiz.de/10012720577