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Quantum advantage in Bayesian games, or games with incomplete information, refers to the larger set of correlated equilibrium outcomes that can be obtained by using quantum mechanisms rather than classical ones. Earlier examples of such advantage go under the title of quantum pseudo-telepathy....
Persistent link: https://www.econbiz.de/10014321479
A sequential-move version of a given normal-form game [Gamma] is an extensive-form game of perfect information in which each player chooses his action after observing the actions of all players who precede him and the payoffs are determined according to the payoff functions in [Gamma]. A...
Persistent link: https://www.econbiz.de/10014206479
When a prisoner's dilemma-like game is repeated any finite number of times, the only equilibrium outcome is the one in which all players defect in all periods. However, if cooperation among the players changes their perception of the game by making defection increasingly less attractive, then...
Persistent link: https://www.econbiz.de/10014088168
When there is incomplete information on the source of power in a contest, the contestants may divide their lobbying efforts between the potential centers of power, only one of which determines the contests’ winning probabilities. Our analysis focuses on the effect of ambiguity regarding the...
Persistent link: https://www.econbiz.de/10005708975
This paper introduces games of incomplete information in which the number, as well as the identity, of the participating players is determined by chance. The participation of certian players may not be independent of the participation of others, and hence the very fact that a particular player...
Persistent link: https://www.econbiz.de/10005766796
In a correlated equilibrium, the players’ choice of actions is affected by random, correlated messages that they receive from an outside source, or mechanism. This allows for more equilibrium outcomes than without such messages (pure-strategy equilibrium) or with statistically independent ones...
Persistent link: https://www.econbiz.de/10008516091
No matter how many times a prisoner’s-dilemma-like game is repeated, the only equilibrium outcome is the one in which all players defect in all periods. However, if cooperation among the players changes their perception of the game by making defection increasingly less attractive, then it is...
Persistent link: https://www.econbiz.de/10008553032
A formula is presented for computing the completely mixed equilibrium payoffs in finite two-person games.
Persistent link: https://www.econbiz.de/10008553038
Different kinds of networks, such as transportation, communication, computer, and supply networks, are susceptible to similar kinds of inefficiencies. These arise when congestion externalities make each user-s cost depend on the other users, choices of routes. If each user chooses the least...
Persistent link: https://www.econbiz.de/10008553040
When a group of people with identical preferences but different abilities in identifying the best alternative (e.g., a jury) takes a vote to decide between two alternatives, the question of strategic voting arises. That is, depending on the voting rule used to determine the collective decision,...
Persistent link: https://www.econbiz.de/10008553043