Showing 81 - 90 of 64,532
Every finite noncooperative game can be presented as a weighted network congestion game, and also as a network congestion game with player-specific costs. In the first presentation, different players may contribute differently to congestion, and in the second, they are differently (negatively)...
Persistent link: https://www.econbiz.de/10013133576
We study the evolution of cooperation in spatial public goods games where, besides the classical strategies of cooperation (C) and defection (D), we consider punishing cooperators (PC) or punishing defectors (PD) as an additional strategy. Using a minimalist modeling approach, our goal is to...
Persistent link: https://www.econbiz.de/10013115927
We explored experimentally how threshold uncertainty affects coordination success in a threshold public goods game. Whereas all groups succeeded in providing the public good when the exact value of the threshold was known, uncertainty was generally detrimental for the public good provision. The...
Persistent link: https://www.econbiz.de/10013118207
Higher-dimensional symmetric games become of more and more importance for applied micro- and macroeconomic research. Standard approaches to uniqueness of equilibria have the drawback that they are restrictive or not easy to evaluate analytically. In this paper I provide some general but...
Persistent link: https://www.econbiz.de/10013124415
This paper studies full implementation problems in (pure and mixed) Nash equilibrium in finite environments. We restrict the designer to adopt<I>finite</I> mechanisms, thus ruling out integer games. We provide a condition, top-<I>D</I> inclusiveness, that together with set-monotonicity is sufficient for mixed...</i></i>
Persistent link: https://www.econbiz.de/10013100420
We study a strategic market game with finitely many traders, infinite horizon and real assets. To this standard framework (see, e.g. Giraud and Weyers, 2004) we add two key ingredients: First, default is allowed at equilibrium by means of some collateral requirement for financial assets; second,...
Persistent link: https://www.econbiz.de/10013108835
It has long been established in the literature that the set of pure strategy Nash equilibria of any binary game of strategic complements among a set N of players can be seen as a lattice on the set of all subsets of N under the partial order defined by the set inclusion relation (⊆). If the...
Persistent link: https://www.econbiz.de/10013091333
Previous experimental results on one-shot sequential two-player games show that group decisions are closer to the subgame-perfect Nash equilibrium than individual decisions. We extend the analysis of inter-group versus inter-individual decision making by running both one-shot and repeated...
Persistent link: https://www.econbiz.de/10013092278
The literature on imperfectly discriminating contests has almost exclusively focused on complete information. We study such contests assuming players have private information. We identify a general class of imperfectly discriminating contests for which findings by Athey (2001) imply the...
Persistent link: https://www.econbiz.de/10013069614
The paper defines a family of nested non-cooperative simultaneous finite games to study coalition structure formation with intra and inter-coalition externalities. The novelties of the paper are: a definition of every games embeds a coalition structure formation mechanism. Every game has two...
Persistent link: https://www.econbiz.de/10012964183