This study compiled a Bayesian inspection game as a branch in game theory to deal with non-performing loans (NPLs). Three types of games are analyzed, which are false alarm (FA), non-detection (ND), and bull's eye (BE). A Bayesian Nash equilibrium calculation process took place to formulate the...

Inspired by the negotiations leading up to the Paris Agreement on climate change, I study a bargaining game where every party is proposing only its own contribution, before the set of pledges must be unanimously approved. I show that, with uncertain tolerance for delay, each equilibrium pledge...

We study dynamic network games with two types of players (i.e., heterogeneous players) characterized by their different intrinsic preferences. Instead of calculating the Nash equilibrium, we focus on the asymptotic behavior of an asynchronous best response dynamics. We develop a dynamic approach...

We revisit the classic result on the (non-)existence of pure-strategy Nash equilibria in the Generalized First-Price Auction for sponsored search advertising and show that the conclusion may be reversed when ads are ranked based on the product of stochastic quality scores and bid amounts, rather...

This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information about competitors’ costs and a finite set of providers. We find that these...