Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10011383984
Persistent link: https://www.econbiz.de/10011948576
We define and investigate a property of mechanisms that we call "strategic simplicity", and that is meant to capture the idea that, in strategically simple mechanisms, strategic choices are easy. We define a mechanism to be strategically simple if strategic choices can be based on first-order...
Persistent link: https://www.econbiz.de/10011788733
Persistent link: https://www.econbiz.de/10011771343
We define and investigate a property of mechanisms that we call “strategic simplicity,” and that is meant to capture the idea that, in strategically simple mechanisms, strategic choices require limited strategic sophistication. We define a mechanism to be strategically simple if choices...
Persistent link: https://www.econbiz.de/10012907052
We define and investigate a property of mechanisms that we call “strategic simplicity,” and that is meant to capture the idea that, in strategically simple mechanisms, strategic choices are easy. We define a mechanism to be strategically simple if strategic choices can be based on...
Persistent link: https://www.econbiz.de/10012925256
We study the design of mechanisms involving agents that have limited strategic sophistication. The literature has identified several notions of simple mechanisms in which agents can determine their optimal strategy even if they lack cognitive skills such as predicting other agents' strategies...
Persistent link: https://www.econbiz.de/10012830423