Showing 51 - 60 of 1,592
vision for the future. This article focuses on the role of games in international basin cooperation to create awareness and … games can play in policy analysis, in particular the way the game provided insight in the design of the policy and the …
Persistent link: https://www.econbiz.de/10010847434
strategic decision-making and show that TI-games open a new field of strategic interaction. We first establish an equivalence … result between static games of incomplete information and static TI-games. We next develop a new solution concept for non …-commuting dynamic TI-games. The updating rule captures the novelty brought about by Type Indeterminacy namely that in addition to …
Persistent link: https://www.econbiz.de/10010738779
This paper proposes an equilibrium concept for a class of games in which players make irreversible costly decisions …; these games have been widely used in the recent I.O. literature. The equilibrium concept is defined, not in the space of …
Persistent link: https://www.econbiz.de/10010746422
This paper develops the Hotelling spatial model investigating the optimal choices of R&D risk in a market exhibiting network externalities. Assuming that firms perform R&D projects with identical expected outcomes but different risk degrees, it is found that, under certain conditions, the level...
Persistent link: https://www.econbiz.de/10010753329
evolutionary forces in games played repeatedly in large populations of boundedly rational agents. The approach is macro oriented in …
Persistent link: https://www.econbiz.de/10010818398
Individual players in a simultaneous equation binary choice model act differently in different environments in ways that are frequently not captured by observables and a simple additive random error. This paper proposes a random coefficient specification to capture this type of heterogeneity in...
Persistent link: https://www.econbiz.de/10010706320
them today. Along with about 80 articles, Mertens's topics go from the formulation of Bayesian decision making in games … others, the selection of Nash equilibria in noncooperative games, the existence of solutions for stochastic games and the … extension of the Shapley value in cooperative games with infinitely many negligible agents. …
Persistent link: https://www.econbiz.de/10011074149
all players use this rule it eliminates iteratively dominated strategies and in two-person constant-sum games average … payoffs converge to the value of the game. Strategies converge in constant-sum games with unique equilibria if they are pure … or in 2 × 2 games also if they are mixed. The long-run behaviour of the learning rule is governed by equations related to …
Persistent link: https://www.econbiz.de/10011166126
The effective use of digital games for empowerment and social inclusion (DGEI) of people and communities at risk of … 'serious games' industry. The videogames industry is an ecosystem of developers, publishers and other service providers drawn … from the interactive media, software and broader ICT industry that services the mainstream leisure market in games, The …
Persistent link: https://www.econbiz.de/10011169843
This report addresses the potential of digital games to support social inclusion and empowerment (DGEI). It is based on … opportunities and limitations of digital games for empowerment and as a tool for socio-economic inclusion of people at risk of … opportunities and challenges for deployment of digital games and gaming in fields such as wellness and aging, education and …
Persistent link: https://www.econbiz.de/10011169907