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On the Dynamic Foundation of Evolutionary Stability in Continuous Models
Oechssler, Jörg; Riedel, Frank - 2000
. Evolutionary robustness ensures dynamic stability for replicator dynamics in doubly symmetric games. …
Persistent link: https://www.econbiz.de/10010317649
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Brown-von Neumann-Nash Dynamics: The Continuous Strategy Case
Hofbauer, Josef; Oechssler, Jörg; Riedel, Frank - 2005
equation has recently been suggested as a plausible boundedly rational learning process in games. In the current paper we study …
Persistent link: https://www.econbiz.de/10010261668
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Interactive Unawareness and Speculative Trade
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2003
The standard state-spaces of asymmetric information preclude non- trivial forms of unawareness (Dekel, Lipman and Rustichini, 1998). We introduce a generalized state-space model that allows for non-trivial unawareness among several individuals, and which satisfies strong properties of knowledge...
Persistent link: https://www.econbiz.de/10010263088
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A Canonical Model for Interactive Unawareness
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2005
Heifetz, Meier and Schipper (2005) introduced a generalized state-space model that allows for non-trivial unawareness among several individuals and strong properties of knowledge. We show that this generalized state-space model arises naturally if states consist of maximally consistent sets of...
Persistent link: https://www.econbiz.de/10010276583
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Granny versus Game Theorst: Ambiguity in Experimental Games
Eichberger, Jürgen; Kelsey, David H.; Schipper, Burkhard C. - 2006
We report on an experiment in which subjects choose actions in strategic games with either strategic complements or … substitutes against a granny, a game theorist or other subjects. The games are selected in order to test predictions on the …. Moreover, under the same assumption, subjects choose more secure actions in games more prone to ambiguity which is in line with …
Persistent link: https://www.econbiz.de/10010276585
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Unawareness, Beliefs and Games
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2007
desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define …
Persistent link: https://www.econbiz.de/10010276586
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Unawareness, Beliefs and Games
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - University of Bonn, Germany - 2007
desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define …
Persistent link: https://www.econbiz.de/10004968356
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A Canonical Model for Interactive Unawareness
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - University of Bonn, Germany - 2005
Heifetz, Meier and Schipper (2005) introduced a generalized state-space model that allows for non-trivial unawareness among several individuals and strong properties of knowledge. We show that this generalized state-space model arises naturally if states consist of maximally consistent sets of...
Persistent link: https://www.econbiz.de/10004968416
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Brown-von Neumann-Nash Dynamics: The Continuous Strategy Case
Hofbauer, Josef; Oechssler, Jörg; Riedel, Frank - University of Bonn, Germany - 2005
equation has recently been suggested as a plausible boundedly rational learning process in games. In the current paper we study …
Persistent link: https://www.econbiz.de/10004968428
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Interactive Unawareness and Speculative Trade
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - University of Bonn, Germany - 2003
The standard state-spaces of asymmetric information preclude non- trivial forms of unawareness (Dekel, Lipman and Rustichini, 1998). We introduce a generalized state-space model that allows for non-trivial unawareness among several individuals, and which satisfies strong properties of knowledge...
Persistent link: https://www.econbiz.de/10004968454