In this paper, we demonstrate that payoffs linked to a committee member's individual vote may explain over-cautious behavior in committees. A committee of experts must decide whether to approve or reject a proposed innovation on behalf of society. In addition to a payoff linked to the...

We consider the menu size of auctions as a measure of auction complexity and study how it affects revenue. Our setting has a single revenue-maximizing seller selling two or more heterogenous items to a single buyer whose private values for the items are drawn from a (possibly correlated) known...

An agent needs to decide which of two available actions, A or B, to take. The agent's payoffs are such that A dominates B, i.e., taking A yields a better payoff than taking B, in every contingency. On the other hand, the agent's expected payoffs, given the action taken, are in the reverse order,...

In today’s increasingly interconnected world, deciding with whom and at what level to cooperate becomes a matter of increasing importance as societies become more globalized and large-scale cooperation becomes a viable means of addressing global issues. This tension can play out via...

Insect herbivores often use chemical signals obtained from their food plants to deter enemies and/or attract sexual partners. Do plant-based visual signals act similarly, i.e., repel consumers' enemies and appeal to potential mates? We explored this question using the pollen-feeding beetle...

The purpose of this work is to offer for any zero-sum game with a unique strictly mixed Nash equilibrium, a measure for the risk when deviating from the Nash equilibrium. We present two approaches regarding the nature of deviations; strategic and erroneous. Accordingly, we define two models. In...

The classical Bomber problem concerns properties of the optimal allocation policy of arsenal for an airplane equipped with a given number, n, of anti-aircraft missiles, at a distance t 0 from its destination, which is intercepted by enemy planes appearing according to a homogeneous Poisson...

We consider a fast evolutionary dynamic process on finite stopping games, where each player at each node has at most one move to continue the game. A state is evolutionarily stable if its long-run relative frequency of occurrence is bounded away from zero as the mutation rate decreases to zero....