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applications in the study of the convergence of the heuristics. …
Persistent link: https://www.econbiz.de/10012015733
solvable version of a Cournot oligopoly with differentiated products, we find little evidence of convergence to the Nash … toward the Stackelberg outcome which favors the slower player. Convergence is significantly more robust for a serial cost … improved convergence tends to diminish, seemingly driven by frequent and highly structured experimentation by players leading …
Persistent link: https://www.econbiz.de/10014056756
restriction of uncoupledness. We study the almost sure convergence to Nash equilibria, and present a number of possibility and … procedures that are uncoupled can be devised. In particular, to get almost sure convergence to pure Nash equilibria when these …
Persistent link: https://www.econbiz.de/10014061339
We consider two-person undiscounted repeated games with lack of information on one side and state-independent signalling and prove the existence of a "joint plan" uniform equilibrium.
Persistent link: https://www.econbiz.de/10010706451
Persistent link: https://www.econbiz.de/10010706855
n overview of the landmark contributions of Robert J. Aumann, winner of the 2005 Nobel Memorial Prize in Economic Sciences.
Persistent link: https://www.econbiz.de/10005752835
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
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/10010377362
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/10010886141
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/10011004460