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We analyze a continuous-time bargaining game of two-sided incomplete information without time discounting. Consistent with existing results, no trade occurs in the unique equilibrium of this game. Next we assume that players have imperfect information about their types; that is, they do not...
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The purpose of this paper is to identify learning in games in experimental economic settings, and apply their results to real multilateral trade negotiations, such as the Doha Development Agenda (DDA) in the World Trade Organizations (WTO). This paper argues that the structure of games including...
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This paper studies adaptive learning in the class of weighted network games. This class of games includes applications like research and development within interlinked firms, crime within social networks, the economics of pollution, and defense expenditures within allied nations. We show that...
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