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symmetric equilibrium strategies that are continuous and nonconstant over the set of values for which the good has a positive … values that can support a continuous piecewise-linear symmetric equilibrium, and we calculate such equilibria for these …
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We reconsider Laussel and Palfrey's (2003) analysis of private provision of a discrete public good via the subscription game. We show that the equilibria they define as semi-regular do not exist. Taking players' values for the public good as uniformly distributed on [vl, vh] with vl 0, we...
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's conception of individuals raises questions about Nash equilibrium approaches toequilibria in games. …
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no way of decoding it. This points to a unique informative equilibrium where words are used in their ordinary sense in …
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's conception of individuals raises questions about Nash equilibrium approaches toequilibria in games. …
Persistent link: https://www.econbiz.de/10011334340
provide via its unique subgame perfect equilibrium an approximate non-cooperative support for the Nash bargaining solution of …) subgame perfect equilibrium of the Nash solution. There we come to the conclusion that a sound interpretation as an …
Persistent link: https://www.econbiz.de/10011412680
Nash equilibrium in the corresponding catalog game. We call such a mechanism an endogenous Nash mechanism. The fundamental … equilibrium for the catalog game? We show under fairly mild conditions on primitives that catalog games naturally possess tie …
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