tolls and congestion, will depend in part on the importance of discouraging marginal drivers. The equilibrium will not … to be less congested, than others. Bertrand equilibrium will not always peform this second function. It may fail to …

Congestion games are multi-player games in which players' costs are additive over a set of resources that have … anonymous cost functions, with pure strategies corresponding to certain subsets of resources. In a splittable congestion game … quantitative measure of the inefficiency of equilibria — in splittable congestion games. Our approximation guarantee is …

rationales: (1) balance (comparison, matching), often related to equality and fairness, or to the desire to avoid moral … associate efficiency, fairness, and the intrinsic quality of social relations. …

complementarity and how it is influenced by fairness concern and information transparency. We base our setup on a structured … equilibrium predictions that did not differ significantly by information condition, suggesting that sellers were not significantly … value of the deal approximately half-half with the buyer as a normative fairness benchmark. The buyers, on the other hand …

importance of payoff aspirations influenced by social norms of fairness. A theoretical extension accommodates our experimental …

and 2-way flow model. Our main results show that the prediction based on Nash and strict Nash equilibrium works well in …

coordination in normal-form games with multiple equilibria - the more equitable equilibrium might be selected either because … fairness makes it focal or because many individuals dislike payoff inequities, as abundant experimental evidence suggests. In … this line, we propose a selection principle called Equity (EQ), which selects the equilibrium in pure strategies minimizing …

split in their subgame-perfect Nash-equilibrium, they induce different results in the laboratory. Subjects do not react to … threats that lie off the the equilibrium path in the expected way, even if these threats are theoretically credible as they … belong to the subgame-perfect Nash equilibrium. In particular, it seems that subjects feel the need to show their bargaining …