Showing 1 - 10 of 485
We introduce the framework of noncooperative pregames and demonstrate that for all games with sufficiently many players, there exists approximate (E) Nash equilibria in pure strategies. Moreover, an equilibrium can be selected with the property that most players choose the same strategies as all...
Persistent link: https://www.econbiz.de/10005747143
Persistent link: https://www.econbiz.de/10001778879
Persistent link: https://www.econbiz.de/10001658162
Persistent link: https://www.econbiz.de/10001605609
Persistent link: https://www.econbiz.de/10001976306
Persistent link: https://www.econbiz.de/10003389952
In the literature of psychology and economics it is frequently observed that individuals tend to imitate similar individuals. A fundamental question is whether the outcome of such imitation can be consistent with self-interested behaviour. We propose that this consistency requires the existence...
Persistent link: https://www.econbiz.de/10011593822
Persistent link: https://www.econbiz.de/10010442925
Persistent link: https://www.econbiz.de/10001697711
Persistent link: https://www.econbiz.de/10001976325