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Year of publication
Subject
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equilibrium concepts 2 Allokation 1 Approval mechanism 1 Assumed equilibrium concepts 1 Bayes rule 1 Nash equilibrium 1 Nash-Gleichgewicht 1 Nichtkooperatives Spiel 1 Pareto-Optimum 1 Public good experiment 1 Test 1 belief 1 cognition 1 conjecture 1 jury decision making 1 need for cognition 1 non-cooperative game theory 1 perfect bayesian 1 political science 1 self-confirming equilibrium 1 Öffentliche Güter 1
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Online availability
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Free 3
Type of publication
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Book / Working Paper 3
Type of publication (narrower categories)
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Working Paper 2
Language
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English 2 Undetermined 1
Author
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González-Díaz, Julio 1 Levine, Adam Seth 1 Lupia, Arthur 1 Masuda, Takehito 1 Meléndez-Jiménez, Miguel A. 1 Okano, Yoshitaka 1 Saijo, Tatsuyoshi 1 Zharinova, Natasha 1
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Institution
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
Published in...
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Discussion Paper 1 ISER Discussion Paper 1 MPRA Paper 1
Source
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EconStor 2 RePEc 1
Showing 1 - 3 of 3
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The minimum approval mechanism implements the efficient public good allocation theoretically and experimentally
Masuda, Takehito; Okano, Yoshitaka; Saijo, Tatsuyoshi - 2013
We propose the minimum approval mechanism (MAM) for a standard linear public good environment with two players. Players simultaneously and privately choose their contributions to the public good in the first stage. In the second stage, they simultaneously decide whether to approve the other's...
Persistent link: https://www.econbiz.de/10010332274
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On the notion of perfect bayesian equilibrium
González-Díaz, Julio; Meléndez-Jiménez, Miguel A. - 2011
Often, perfect bayesian equilibrium is loosely defined by stating that players should be sequentially rational given some beliefs in which Bayes rule is applied whenever possible". We show that there are games in which it is not clear what whenever possible" means. Then, we provide a simple...
Persistent link: https://www.econbiz.de/10010282887
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Should Political Scientists Use the Self-Confirming Equilibrium Concept? Explaining the Choices of Cognitively Limited Actors
Lupia, Arthur; Zharinova, Natasha; Levine, Adam Seth - Volkswirtschaftliche Fakultät, … - 2007
equilibrium concepts. Empirical research casts doubt on the validity of these assumptions in important cases. For example, the …
Persistent link: https://www.econbiz.de/10005836867
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