Showing 1 - 10 of 2,711
In the context of anonymous games (i.e., games where the payoff of a player is, apart from his/her own action, determined by the distribution of the actions made by the other players), we present a model in which, generically (in a precise sense), finite‐player games have strict pure strategy...
Persistent link: https://www.econbiz.de/10012806369
We present a new approach to studying equilibrium dynamics in a class of stochastic games with a continuum of players with private types and strategic complementarities. We introduce a suitable equilibrium concept, called Markov Stationary Nash Distributional Equilibrium (MSNDE), prove its...
Persistent link: https://www.econbiz.de/10013273776
. This implies that our characterization applies also to sequential equilibria. …
Persistent link: https://www.econbiz.de/10011855848
Persistent link: https://www.econbiz.de/10011553948
Persistent link: https://www.econbiz.de/10011297096
Persistent link: https://www.econbiz.de/10012415953
Persistent link: https://www.econbiz.de/10012495283
Persistent link: https://www.econbiz.de/10012138751
Persistent link: https://www.econbiz.de/10015072121
Decline and break-up of institutionalized cooperation, at all levels, has occurred frequently. Some of its concomitants, such as international migration, have become topical in the globalized world. Aspects of the phenomenon have also become known as failing states. However, the focus in most...
Persistent link: https://www.econbiz.de/10014497537