Showing 41 - 50 of 134
Persistent link: https://www.econbiz.de/10012547563
Medicare has sought to improve patient care through pay-for-performance (P4P) programs that better align hospitals' financial incentives with quality of service. However, the design of these policies is subject to a variety of practical and institutional constraints, such as the use of "small"...
Persistent link: https://www.econbiz.de/10012983161
Persistent link: https://www.econbiz.de/10008413619
Persistent link: https://www.econbiz.de/10009804863
Users of the BitTorrent file-sharing protocol and its variants are incentivized to contribute their upload capacity in a bilateral manner: downloading is possible in return for uploading to the same user. An alternative is to use multilateral exchange to match user demand for content to...
Persistent link: https://www.econbiz.de/10014195712
When a new product or technology is introduced, potential consumers can learn its quality by trying the product, at a risk, or by letting others try it and free-riding on the information that they generate. We propose a dynamic game to study the adoption of technologies of uncertain value, when...
Persistent link: https://www.econbiz.de/10014037354
Much of the classical work on algorithms for multi-armed bandits focuses on rewards that are stationary over time. By contrast, we study multi-armed bandit (MAB) games, where the rewards obtained by an agent also depend on how many other agents choose the same arm (as might be the case in many...
Persistent link: https://www.econbiz.de/10014170279
Participants in matching markets face search and screening costs when seeking a match. We study how platform design can reduce the effort required to find a suitable partner. We study a game-theoretic model in which "applicants" and "employers" pay costs to search and screen. An important...
Persistent link: https://www.econbiz.de/10014146287
A seller in an online marketplace with an effective reputation mechanism should expect that dishonest behavior results in higher payments now, while honest behavior results in higher reputation – and thus higher payments – in the future. We study two widely used classes of reputation...
Persistent link: https://www.econbiz.de/10013144265
We study a class of stochastic dynamic games that exhibit strategic complementarities between players; formally, in the games we consider, the payoff of a player has increasing differences between her own state and the empirical distribution of the states of other players. Such games can be used...
Persistent link: https://www.econbiz.de/10013145264