Showing 1 - 10 of 98
I use game-theoretical models to compare a sender's expected payoff under two methods of wielding influence under incomplete information: offering rewards or threatening punishments. Attempts to influence another's behaviour can have the perverse effect of actually encouraging the behaviour that...
Persistent link: https://www.econbiz.de/10012099161
The rate of deployment and adoption issues of new network technologies, IPv6 in particular, have recently been hotly debated in the research community. However, the question of how protocols migrate, especially the dynamics of migration, to new paradigms is still largely open. In this paper, we...
Persistent link: https://www.econbiz.de/10010307261
The paper discusses the dimensioning strategies of two network providers (operators) that supply channels to the same population of users in a competitive environment. Usersare assumed to compete for best service (lowest blocking probability of new request), while operators wishto maximize their...
Persistent link: https://www.econbiz.de/10010307283
This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...
Persistent link: https://www.econbiz.de/10010270197
We propose a theory that explains why rational agents start to believe in a causal relationship between unrelated events. Agents send and collect messages through a communication network. If they are convinced of a relationship between two events, they send messages confirming their belief with...
Persistent link: https://www.econbiz.de/10010301551
I reconsider the division of the literature into models with forward-looking voters and models with backward-looking voters by developing a model that incorporates motives from both literatures. As long as there is no uncertainty about preferences and parties can commit in advance to the...
Persistent link: https://www.econbiz.de/10010305936
What makes you a successful cooperator? Using data from the British television game show ``Golden Balls'' we analyze a prisoner's dilemma game and its pre-play. We find that players strategically select their partner for the PD, e.g., they bear in mind whether contestants lied. Players'...
Persistent link: https://www.econbiz.de/10010305937
We present an experiment in which extrinsic signals may generate sunspot equilibria. The game has a unique symmetric non-sunspot equilibrium, which is also risk dominant. Other equilibria can be ordered according to risk dominance. By comparing treatments with different information structure, we...
Persistent link: https://www.econbiz.de/10010305959
This paper examines how farmers producing differentiated quality products choose different governance structures in a non-cooperative game between farmers, enterprises, and consumers. A cooperative and an IOF (investor owned firm) coexist in equilibrium and low quality is delivered by the...
Persistent link: https://www.econbiz.de/10010307567
This paper compares the incentives of a party to acquire information prior to negotiating contractual terms with a second party. Two legal regimes are compared: disclosing information before negotiations start is mandatory or it remains voluntary. By assumption, information can only truthfully...
Persistent link: https://www.econbiz.de/10011301464