Showing 1 - 8 of 8
One of the fundamental problems in both economics and organization is to understand how individuals coordinate. The widely used minimum-effort coordination game has served as a simplified model to better understand this problem. This paper first presents theoretical results that give conditions...
Persistent link: https://www.econbiz.de/10011208871
We propose a methodology that is generalizable to a broad class of repeated games in order to facilitate operability of belief-learning models with repeated-game strategies. The methodology consists of (1) a generalized repeated-game strategy space, (2) a mapping between histories and...
Persistent link: https://www.econbiz.de/10011049792
Online publishers sell opportunities to show ads. Some advertisers pay only if their ad elicits a user response. Publishers estimate response rates for ads in order to estimate expected revenues from showing the ads. Then publishers select ads that maximize estimated expected revenue.
Persistent link: https://www.econbiz.de/10010582612
We use laboratory experiments to test for one of the foundations of the rational voter paradigm - that voters respond to probabilities of being pivotal. We exploit a setup that entails stark theoretical effects of information concerning the preference distribution (as revealed through polls) on...
Persistent link: https://www.econbiz.de/10009740932
Persistent link: https://www.econbiz.de/10011975732
Persistent link: https://www.econbiz.de/10011888774
Persistent link: https://www.econbiz.de/10011613361
Persistent link: https://www.econbiz.de/10011981579