Showing 1 - 10 of 15
We study the problem of Bayesian learning in a dynamical system involving strategic agents with asymmetric information. In a series of seminal papers in the literature, this problem has been investigated under a simplifying model where myopically selfish players appear sequentially and act once...
Persistent link: https://www.econbiz.de/10014116743
We consider a finite horizon dynamic game with two players who observe their types privately and take actions, which are publicly observed. Players' types evolve as independent, controlled linear Gaussian processes and players incur quadratic instantaneous costs. This forms a dynamic linear...
Persistent link: https://www.econbiz.de/10012919680
Persistent link: https://www.econbiz.de/10014556774
"The descent of working class movements that began with neoliberal globalization is nearing completion. However, the ascent is yet to begin. This period is witnessing novel forms of organization and resistance. For students, activists and academics, it is imperative to understand changes in the...
Persistent link: https://www.econbiz.de/10014473105
We consider a demand management problem in an energy community, in which several users obtain energy from an external organization such as an energy company and pay for the energy according to pre-specified prices that consist of a time-dependent price per unit of energy as well as a separate...
Persistent link: https://www.econbiz.de/10013200123
We consider an environment where a finite number of players need to decide whether to buy a certain product (or adopt a trend) or not. The product is either good or bad, but its true value is not known to the players. Instead, each player has her own private information on the quality of the...
Persistent link: https://www.econbiz.de/10012871224
We consider a demand management problem in an energy community, in which several users obtain energy from an external organization such as an energy company and pay for the energy according to pre-specified prices that consist of a time-dependent price per unit of energy as well as a separate...
Persistent link: https://www.econbiz.de/10012607393
We consider a dynamic game with asymmetric information where each player privately observes a noisy version of a (hidden) state of the world V, resulting in dependent private observations. We study the structured perfect Bayesian equilibria (PBEs) that use private beliefs in their strategies as...
Persistent link: https://www.econbiz.de/10015408272
In this paper, we present a sequential decomposition algorithm to compute graphon mean-field equilibrium (GMFE) of dynamic graphon mean-field games (GMFGs). We consider a large population of players sequentially making strategic decisions where the actions of each player affect their neighbors...
Persistent link: https://www.econbiz.de/10012843961
In this paper, we consider the notion of -robust equilibrium for finite strategic players in anonymous games, where utility of a player depends on other players' actions only through the resulting distribution of actions played. This equilibrium is defined as the set of strategies of the players...
Persistent link: https://www.econbiz.de/10012829121