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Persistent link: https://www.econbiz.de/10003830606
The key element of models of contest is the Contest Success Function (CSF) which specifiesthe winning probabilities of agents. The existing axiomatizations of CSFs assume thatcontestants can make only one type of investment. This paper generalizes these axiomatizationsto the case where each...
Persistent link: https://www.econbiz.de/10005866531
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This paper studies a model of memory. The model takes into account that memory capacity is limited and imperfect. We study how agents with such memory limitations, who have very little information about their choice environment, play games. We introduce the notion of a Limited Memory Equilibrium...
Persistent link: https://www.econbiz.de/10014589025
The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. The existing axiomatizations of CSFs assume that contestants can make only one type of investment. This paper generalizes these axiomatizations to the case where each...
Persistent link: https://www.econbiz.de/10010263839
The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. We provide an axiomatization of two parametric families of CSF's. In the first, the winning probability of each agent depends on the investments and a vector of...
Persistent link: https://www.econbiz.de/10010265674
This dissertation, which consists of three essays, studies online auctions boththeoretically and empirically.The first essay studies a special online auction format used by eBay, “Buy-It-Now” (BIN) auctions, in which bidders are allowed to buy the item at a fixed BINprice set by the seller...
Persistent link: https://www.econbiz.de/10009465115
This dissertation is a compilation of essays highlighting the usefulness of gametheory in understanding socio-economic phenomena. The second chapter tries toprovide a reason for the strict codes of conduct that have been imposed on unmarriedgirls in almost every society at some point of time in...
Persistent link: https://www.econbiz.de/10009465154