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  • Search: subject:"asymmetric coordination games. EDIRC Provider-Institution: RePEc:edi:smlatau"
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asymmetric coordination games. EDIRC Provider-Institution: RePEc:edi:smlatau 1 asynchronous moves 1 equilibrium selection 1 revision 1 stochastic timing 1
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Free 1
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Book / Working Paper 1
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English 1
Author
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Basov, Suren 1 Libich, Jan 1 Stehlík, Petr 1
Institution
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Department of Economics and Finance, La Trobe Business School 1
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Working Papers / Department of Economics and Finance, La Trobe Business School 1
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RePEc 1
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Stochastic Timing, Uniqueness, and Efficiency in Games
Basov, Suren; Libich, Jan; Stehlík, Petr - Department of Economics and Finance, La Trobe Business … - 2010
In existing game theoretic settings the timing of moves is deterministic, i.e. they occur with certainty at a pre-specified time. To add more realism we propose a framework in which, after an initial simultaneous move in time t = 0, one player gets to revise his action with positive probability...
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