Showing 91 - 100 of 54,832
Networks can have an important effect on economic outcomes. Given the complexity of many of these networks, agents will generally not know their structure. We study the sensitivity of game-theoretical predictions to the specification of players’ (common) prior on the network in a setting where...
Persistent link: https://www.econbiz.de/10011091251
Persistent link: https://www.econbiz.de/10010677936
Persistent link: https://www.econbiz.de/10010843350
Persistent link: https://www.econbiz.de/10011572212
Global games emerged as an approach to equilibrium selection. For a general setting with supermodular payoffs, unique selection of equilibrium has been obtained through iterative elimination of strictly dominated strategies. For the case of global games with strategic substitutes, uniqueness of...
Persistent link: https://www.econbiz.de/10011264625
Persistent link: https://www.econbiz.de/10014365816
in an experiment where actions are strategic substitutes. The game theoretic basis for our experiment is the model of …
Persistent link: https://www.econbiz.de/10005040839
in an experiment where actions are strategic substitutes. The game theoretic basis for our experiment is the model of …
Persistent link: https://www.econbiz.de/10005136539
substitutes. The theoretical basis for our experiment is the model of Bramoullé and Kranton (2007). As predicted, we find that …
Persistent link: https://www.econbiz.de/10011049842
Persistent link: https://www.econbiz.de/10014517032