Showing 21 - 30 of 967,248
Persistent link: https://www.econbiz.de/10011997720
With many semi-anonymous players, the equilibria of simultaneous-move games are "extensively robust." This means that the equilibria survive even if the simultaneous-play assumption is relaxed to allow for a large variety of extensive modifications. Such modification include sequential play with...
Persistent link: https://www.econbiz.de/10014070531
Persistent link: https://www.econbiz.de/10013373127
Persistent link: https://www.econbiz.de/10015048032
Persistent link: https://www.econbiz.de/10011312645
Persistent link: https://www.econbiz.de/10010470627
Persistent link: https://www.econbiz.de/10010489248
Persistent link: https://www.econbiz.de/10010413432
Games in which players aim to guess a fraction or multiple p of the average guess are known as guessing games or (p-)beauty contests. In this note, we derive a full characterization of the set of rationalizable strategies and the set of pure strategy Nash equilibria for such games as a function...
Persistent link: https://www.econbiz.de/10012962808
Persistent link: https://www.econbiz.de/10012503761