Showing 111 - 120 of 1,592
strategies in certain games with common payoffs. This short technical note answers a computational complexity question that was …
Persistent link: https://www.econbiz.de/10010950279
This paper estimates depth of reasoning in an Iterative Best Response model using data from Weber (<CitationRef CitationID="CR20">2003</CitationRef>) ten-period repeated guessing game with no feedback. Different mixture models are estimated and the type (Level-0, Level-1, etc) of each player is determined in every round using the...</citationref>
Persistent link: https://www.econbiz.de/10010988970
This paper analyses how the scoring systems actually and potentially used in a variety of sports and games affect the …
Persistent link: https://www.econbiz.de/10010820794
Group differences are often associated with increased political mobilization. Yet group identification is surprisingly flexible and opportunistic. This paper reconciles these two findings by modeling group identification in terms of behavioral interdependencies between a rational agent and those...
Persistent link: https://www.econbiz.de/10010777967
Levine and Palfrey's QRE account of turnout in large elections raises the broader question of how much of a departure from standard rational choice theory is justified by the considerable repertoire of rational choice anomalies that has accumulated since Downs and Olson half a century ago. An...
Persistent link: https://www.econbiz.de/10010778022
We use the framework of random matching games and develop a two society model to analyze the interaction of societies … with different social norms. Each agent repeatedly faces two different coordination games. A social norm of a society is a …
Persistent link: https://www.econbiz.de/10008602835
This paper completely characterizes two public ownership solutions in convex production economies, known respectively as the Proportional Solution (PR), and the Equal Benefit Solution (EB), by adopting the axioms Moulin (1990a,b) discussed and introducing two other axioms, Pareto Independence...
Persistent link: https://www.econbiz.de/10008602859
This paper examines the implementation of two public ownership solutions in convex production economies with differentiable production functions. The two public ownership solutions we focus on are the proportional and equal benefit solutions. Two "natural" mechanisms which doubly implement the...
Persistent link: https://www.econbiz.de/10008602869
This paper examines the implementation of various solutions in differentiable concave production economies with one privately owned input, one output, and publicly owned production technology. The public ownership solutions we focus on are the Proportional Solution (PS) and the Equal Benefit...
Persistent link: https://www.econbiz.de/10008602872
This paper establishes a B-core existence result for normal form TU games. …
Persistent link: https://www.econbiz.de/10008602875