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A menu description presents a mechanism to player i in two steps. Step (1) uses the reports of other players to describe i's menu: the set of i's potential outcomes. Step (2) uses i's report to select i's favorite outcome from her menu. Can menu descriptions better expose strategyproofness,...
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This paper introduces a simulation algorithm for evaluating the log-likelihood function of a large supermodular binary …-action game. Covered examples include (certain types of) peer effect, technology adoption, strategic network formation, and multi … algorithm which allows for accurate likelihood simulation with modest numbers of simulation draws …
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customizes a novel network simulation-based procedure (NS procedure) for solution generation to increase the matching degree …Risk interaction network (RIN), a system comprised of risk (nodes) and triggering relations (edges) between risks … overwhelming to the existing heuristics. In response, a simulation optimization model concerning each action is first constructed …
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the welfare efficiency of self-coordination is explored in a computer simulation study based on the game …
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