We show that the playing sequence-the order in which players update their actions-is a crucial determinant of whether the best-response dynamic converges to a Nash equilibrium. Specifically, we analyze the probability that the best-response dynamic converges to a pure Nash equilibrium in random...

Heterogeneous bidding behavior by firms in business-to-business procurement auctions has recently been observed in contexts as wide-ranging as Dutch flower auctions and auctions for secondhand goods. But there has yet to be an empirical examination of what types of firms behave in which ways. We...

Workers often have discretion over their schedules and the tasks they perform. One factor likely to influence a worker’s scheduling decision is the work environment – some environments are better than others. We study how workers change their productive output and select different tasks as...

We show that the playing sequence--the order in which players update their actions--is a crucial determinant of whether the best-response dynamic converges to a Nash equilibrium. Specifically, we analyze the probability that the best-response dynamic converges to a pure Nash equilibrium in...

On December 18th, 2017, the U.S. Department of Transportation implemented a controversial mandate requiring the vast majority of truck drivers to record their working hours using electronic logging devices (ELDs). ELDs are harder to manipulate than traditional handwritten paper logbooks, and...

We show that the playing sequence-the order in which players update their actions-is a crucial determinant of whether the best-response dynamic converges to a Nash equilibrium. Specifically, we analyze the probability that the best-response dynamic converges to a pure Nash equilibrium in random...