Showing 1 - 10 of 36,242
sometimes yield “sophisticated sincerity”, where equilibrium voting behavior is indistinguishable from sincere voting. Under … political phenomena that ensued is presented. In the case of sophisticated voting over certain kinds of binary agendas, such as … behave leads to probabilistic voting models that typically yield utilitarian outcomes. Uncertainty among the voters over …
Persistent link: https://www.econbiz.de/10014024486
“sequential group reciprocity equilibrium” for which we prove its existence. We study the case of two games with two players in … maximized is a sequential group reciprocity equilibrium. …
Persistent link: https://www.econbiz.de/10011885713
In this paper we look for a solution to a land division problem that could be applied to different types of disputes when the arbitrator has a very limited information about the agents' preferences. The solution must be fair and efficient under the constraint of the limited information available...
Persistent link: https://www.econbiz.de/10009506437
Persistent link: https://www.econbiz.de/10003880396
This paper examines a class of contractual relationships with specific investment, a non-durable trading opportunity, and renegotiation. Trade actions are modeled as individual and trade-action-based option contracts ("non-forcing contracts") are explored. The paper introduces the distinction...
Persistent link: https://www.econbiz.de/10011690733
field concerning climate change dynamics. New results are obtained in the framework of competitive bargaining solutions and …
Persistent link: https://www.econbiz.de/10012547760
This chapter surveys recent models of coalition and network formation in a unified framework. Comparisons are drawn among various procedures of network and coalition formation, involving simultaneous and sequential moves. The survey also covers models of group and network formation by farsighted...
Persistent link: https://www.econbiz.de/10014025687
In Poisson games, an extension of perfect equilibrium based on perturbations of the strategy space does not guarantee …. We characterize the right space of perturbations to define perfect equilibrium in Poisson games. Furthermore, we use such …
Persistent link: https://www.econbiz.de/10010930789
theory of economic voting implicitly assumed that the government is held responsible for the economic conditions of the … voting decision takes place in two stages: On the one hand, the voter subjectively assigns the responsibility to the … government. On the other hand, she decides her voting option as a function of her sociotropic prospective evaluation and her …
Persistent link: https://www.econbiz.de/10005025319
AbstractWe exhibit a large class of simple rules of behavior, which we call adaptive heuristics, and show that they generate rational behavior in the long run. These adaptive heuristics are based on natural regret measures, and may be viewed as a bridge between rational and behavioral...
Persistent link: https://www.econbiz.de/10011206382