Showing 1 - 10 of 28
We introduce a new family of dynamic mechanisms that restricts sellers from using future distributional knowledge. Since the allocation and pricing of each auction period do not depend on the type distributions of future periods, we call this family of dynamic mechanisms non‐clairvoyant.We...
Persistent link: https://www.econbiz.de/10012539012
Persistent link: https://www.econbiz.de/10013366459
Persistent link: https://www.econbiz.de/10015416664
Persistent link: https://www.econbiz.de/10012430768
Persistent link: https://www.econbiz.de/10011793710
A game is strict if for both players, different profiles have different payoffs. Two games are best response equivalent if their best response functions are the same. We prove that a two-person strict game has at most one pure Nash equilibrium if and only if it is best response equivalent to a...
Persistent link: https://www.econbiz.de/10008865846
Persistent link: https://www.econbiz.de/10011947316
Persistent link: https://www.econbiz.de/10011825891
Persistent link: https://www.econbiz.de/10011528138
Persistent link: https://www.econbiz.de/10011932452