Showing 1 - 10 of 82
Potential based no-regret dynamics are shown to be related to fictitious play. Roughly, these are epsilon-best reply dynamics where epsilon is the maximal regret, which vanishes with time. This allows for alternative and sometimes much shorter proofs of known results on convergence of no-regret...
Persistent link: https://www.econbiz.de/10010820926
Potential based no-regret dynamics are shown to be related to fictitious play. Roughly, these are epsilon-best reply dynamics where epsilon is the maximal regret, which vanishes with time. This allows for alternative and sometimes much shorter proofs of known results on convergence of no-regret...
Persistent link: https://www.econbiz.de/10010569806
We study strategic games where players' preferences are weak orders which need not admit utility representations. First of all, we ex- tend Voorneveld's concept of best-response potential from cardinal to ordi- nal games and derive the analogue of his characterization result: An ordi- nal game...
Persistent link: https://www.econbiz.de/10008791491
The paper uses the work of CROSS ( 1969) about negotiation to show that Time of conflict and power games in the organizations are not so inefficient for the organization as it first would seem. The article shows especially that the more individuals in conflict use time for negotiation, the more...
Persistent link: https://www.econbiz.de/10011026188
This paper studies the endogenous formation of alliance in conflicts offering a survey of the recent literature and … determination of sharing rules inside the alliance and dynamic alliance formation in nested conflicts. …
Persistent link: https://www.econbiz.de/10008793858
system based on market demand, fare policy and network restrictions, we present our descriptive results coming from …
Persistent link: https://www.econbiz.de/10010820412
communication network. We provide an explicit link between players' preferences and the equilibrium strategic communication networks … they communicate. Apart from some specific cases, the equilibrium communication networks are quite complex despite our … simple one-dimensional description of preference heterogeneity. In general, strategic communication networks cannot be …
Persistent link: https://www.econbiz.de/10010738542
This paper analyzes the effect of immigrants' networks on the decision of individual firms to starting exporting to the …
Persistent link: https://www.econbiz.de/10010738711
friends of their friends. I explicitly take into account the structure of the community network to show that also the … the issue of link formation and rule out the potential endogeneity of network, reconfirming that indirect exposure matters …
Persistent link: https://www.econbiz.de/10010738838
purchases has remained static at 2% for the last two years. This paper suggests that a network approach to the drivers of green … network. In this paper we analyse and synthesis both sets of literature and produce a network picture which shows the links … debate particularly useful in understanding how to effect network change in such a way as to nurture more sustainable …
Persistent link: https://www.econbiz.de/10010898859