Showing 1 - 10 of 13,059
The paper analyzes the role of the structure of communication - i.e. who is talking with whom - on the choice of … analysis of credibility, the subjects should communicate and play the Pareto optimal equilibrium only when communication is … disregard communication. The experimental data conform to our predictions: the agents reach the Pareto-dominant equilibrium only …
Persistent link: https://www.econbiz.de/10010418867
Persistent link: https://www.econbiz.de/10001548848
The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly models. The concept applies to normal form games enriched by a reference structure specifying a reference group for every player. The reference group is a set of other players, whom...
Persistent link: https://www.econbiz.de/10011538885
Persistent link: https://www.econbiz.de/10015072121
We report on an experiment using video technology to manipulate pre-play communication protocols in the lab and to … study purely social effects of communication on donations and discrimination between potential receivers. The experimental … the latter decides on her gifts. Through the use of three communication setups (none, audio, and audio-visual) we show and …
Persistent link: https://www.econbiz.de/10003980503
The paper analyzes the role of the structure of communication - i.e. who is talking with whom - on the choice of … analysis of credibility, the subjects should communicate and play the Pareto optimal equilibrium only when communication is … disregard communication. The experimental data conform to our predictions: the agents reach the Pareto-dominant equilibrium only …
Persistent link: https://www.econbiz.de/10012978828
The paper analyzes the role of the structure of communication -- i.e., who is talking with whom -- on the choice of … analysis of credibility, the subjects should communicate and play the Pareto optimal equilibrium only when communication is … disregard communication. The experimental data conform to our predictions: the agents reach the Pareto-dominant equilibrium only …
Persistent link: https://www.econbiz.de/10013045359
Persistent link: https://www.econbiz.de/10008771283
Persistent link: https://www.econbiz.de/10011385753
A model of coalition government formation is presented in which inefficient, non-minimal winning coalitions may form in … prediction of a minimal winning coalition. Players A and B played their unique potential-maximizing strategies 84 and 86 percent … elimination of dominated strategies and strong/coalition proof Nash equilibrium are also tested …
Persistent link: https://www.econbiz.de/10014029223