Showing 1 - 10 of 630,067
We study the repeated implementation of social choice functions in environments with complete information and changing preferences. We de?ne dynamic mono- tonicity, a natural but nontrivial dynamic extension of Maskin monotonicity, and show that it is necessary and almost suf?cient for repeated...
Persistent link: https://www.econbiz.de/10011704811
We study the repeated implementation of social choice functions in environments with complete information and changing preferences. We define dynamic monotonicity, a natural but nontrivial dynamic extension of Maskin monotonicity, and show that it is necessary and almost sufficient for repeated...
Persistent link: https://www.econbiz.de/10012010069
Persistent link: https://www.econbiz.de/10012131642
We prove that a social choice function is repeatedly implementable if and only if it is dynamically monotonic when the number of agents is at least three. We show how to test dynamic monotonicity by building an associated repeated game. It follows that a weaker version of Maskin monotonicity is...
Persistent link: https://www.econbiz.de/10011345783
Persistent link: https://www.econbiz.de/10011548661
In this paper we investigate how cognitive ability and character skills influence behavior, success and the evolution of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences according to cognitive...
Persistent link: https://www.econbiz.de/10010364492
Persistent link: https://www.econbiz.de/10010365624
Persistent link: https://www.econbiz.de/10012301473
Persistent link: https://www.econbiz.de/10014227005
Persistent link: https://www.econbiz.de/10000901833