Showing 31 - 40 of 641,359
Persistent link: https://www.econbiz.de/10008904731
Persistent link: https://www.econbiz.de/10009006704
Persistent link: https://www.econbiz.de/10009577583
Persistent link: https://www.econbiz.de/10011302277
Persistent link: https://www.econbiz.de/10009621804
In this paper, we claim that agents confronting with new interactive situations apply behavioral heuristics that drastically reduce the problem complexity either by neglecting the other players’ incentives, or by restricting attention to subsets of “salient” outcomes. We postulate that...
Persistent link: https://www.econbiz.de/10010240816
Persistent link: https://www.econbiz.de/10010473546
Persistent link: https://www.econbiz.de/10009685027
The paper shows that, in some important respects, the differences between the Nash equilibrium and competing concepts such as the quantalresponse equilibrium are smaller than they appear. I start from the observation that, in many experiments, parameter shifts that leave the Nash equilibrium...
Persistent link: https://www.econbiz.de/10003289778
Fixing a game with uncertain payoffs, information design identifies the information structure and equilibrium that maximizes the payoff of an information designer. We show how this perspective unifies existing work, including that on communication in games (Myerson (1991)), Bayesian persuasion...
Persistent link: https://www.econbiz.de/10012960064