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We propose a model of discrete time dynamic congestion games with atomic players and a single source-destination pair. The latencies of edges are composed by free-flow transit times and possible queuing time due to capacity constraints. We give a precise description of the dynamics induced by...
Persistent link: https://www.econbiz.de/10014156951
In this paper a procedure is described that computes for a given bimatrix game all stable sets in the sense of Kohlberg and Mertens (1986). Further the procedure is refined to find the strictly perfect equilibria (if any) of such a game. Keywords and Phrases: Bimatrix game, Computation, Stable...
Persistent link: https://www.econbiz.de/10014141767
Traditional non-cooperative game theory has been an extraordinarily powerful tool in modeling biological and economic behavior, as well as the effect of legal rules. And, although it contains plausible concepts of equilibrium behavior, it does not a theory of dynamics as to how equilibria are to...
Persistent link: https://www.econbiz.de/10014053763
The ultimatum heuristic is a decision-making tendency discernible in graphical plots of mixed-motive noncooperative games. As such, it can serve also as a solution approach, backsolving, predicting and explaining outcomes better than the mainstay Nash equilibrium concept whenever data for the...
Persistent link: https://www.econbiz.de/10014079449
Persistent link: https://www.econbiz.de/10014024498
In this note, we reconsider the indefinite open-loop Nash linear quadratic differential game with an infinite planning horizon. In particular, we derive both necessary and sufficient conditions under which the game will have a unique equilibrium
Persistent link: https://www.econbiz.de/10014065514
In this paper, we provide a numerical algorithm to calculate all soft-constrained Nash equilibria in a regular scalar indefinite linear-quadratic game. The algorithm is based on the calculation of the eigenstructure of a certain matrix. The analysis follows the lines of the approach taken by...
Persistent link: https://www.econbiz.de/10014065515
In this note, we consider the open-loop Nash linear quadratic differential game with an infinite planning horizon. The performance function is assumed to be indefinite and the underlying system affine. We derive both necessary and sufficient conditions under which this game has a unique Nash...
Persistent link: https://www.econbiz.de/10014065518
This paper introduces the notion of mixed leadership in non-zero-sum differential games, where there is no fixed hierarchy in decision making with respect to the players. Whether a particular player is leader or follower depends on the instrument variable s/he is controlling, and it is possible...
Persistent link: https://www.econbiz.de/10014046271
This paper explores the reluctance of men (women) to acknowledge or recognise the work, comments, and claims of new ideas by other men (women) via widespread and intense demonstrations of indifference. Instances like desk rejections by journals by not allowing papers to reach a review stage,...
Persistent link: https://www.econbiz.de/10014265989