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Core-stable rings in auctions with independent private values

Biran, Omer; Forges, Françoise - 2010

We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game with independent private values. The ex ante expected utilities of coalitions, at an incentive compatible (noncooperative) coalitional equilibrium, describe a (cooperative)...

Persistent link: https://www.econbiz.de/10010273875

A Simple Model of Buyer-Seller Networks in International Trade

Herkenhoff, Philipp; Krautheim, Sebastian; Sauré, Philip U. - 2021

The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network …

Persistent link: https://www.econbiz.de/10013224077

Roman Transport Network Connectivity and Economic Integration

Flückiger, Matthias - 2019

We show that the creation of the first integrated pan-European transport network during Roman times influences economic … interregional trade was strongly influenced by connectivity within the network. Today, these connectivity differentials continue to … cultural integration due to bilateral convergence in preferences and values. Both plausibly arise from network-induced history …

Persistent link: https://www.econbiz.de/10012866077

The attack and defense of weakest-link networks

Kovenock, Dan; Roberson, Brian; Sheremeta, Roman M. - 2010

This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of …

Persistent link: https://www.econbiz.de/10010274929

Bayesian Repeated Games and Reputations

Forges, Francoise; Salomon, Antoine - 2014

Under appropriate assumptions (private values and uniform punishments), the Nash equilibria of a Bayesian repeated game without discounting are payoff-equivalent to tractable, completely revealing, equilibria and can be achieved as interim cooperative solutions of the initial Bayesian game. This...

Persistent link: https://www.econbiz.de/10010352382

An Experimental Study on the Effects of Communication, Credibility, and Clustering in Network Games

Charness, Gary - 2019

networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … credibility and show, both theoretically and experimentally, an interaction effect of network structure and communication …

Persistent link: https://www.econbiz.de/10012866385

Dynamic Games of Common-Property Resource Exploitation When Self-Image Matters

Van Long, Ngo - 2019

The purpose of this paper is to model the influence of Kantian moral scruples in a dynamic environment. Our objectives are two-fold. Firstly, we investigate how a Nash equilibrium among agents who have moral scruples may ensure that the exploitation of a common property renewable resource is...

Persistent link: https://www.econbiz.de/10012860769

Causal Responsibility Attribution : Theory and Experimental Evidence

Engl, Florian - 2022

People often act out of a desire to be responsible for good and not for bad events. Similarly, people frequently reward and punish other people if they perceive them to be responsible for the implementation of events that they like or dislike. When the implementation of an event depends on the...

Persistent link: https://www.econbiz.de/10014077335

Efficient Incentives with Social Preferences

Daske, Thomas; March, Christoph - 2022

This study explores mechanism design with allocation-based social preferences. Agents’ social preferences and private payoffs are all subject to asymmetric information. We assume quasi-linear utility and independent types. We show how the asymmetry of information about agents’ social...

Persistent link: https://www.econbiz.de/10014082238

Kant-Nash Tax Competition

Eichner, Thomas - 2019

In a two-country economy we analyze how tax competition differs from the standard all-Nashian tax competition, if one or both countries are Kantians in Roemer’s sense. Kantians are shown to choose a higher tax rate than Nashians for any given tax rate of the other country, which indicates that...

Persistent link: https://www.econbiz.de/10012889230