Showing 1 - 10 of 289
Aumann(1976) has shown that agents who have a common prior cannot have common knowledge of their posteriors for event E if these posteriors do not coincide. But given an event E, can the agents have posteriors with a common prior such that it is common knowledge that the posteriors for E *do*...
Persistent link: https://www.econbiz.de/10005550922
The paper discusses coordination games with remote players that have access to an entangled quantum state. It shows … for improving coordination of actions. A necessary condition is provided that helps to determine when an entangled quantum … state can be useful for improving coordination. …
Persistent link: https://www.econbiz.de/10005118632
Reinforcement learning has proved quite successful in predicting subjects' adjustment behaviour in repeatedly played simple games. However, reinforcement learning does not predict convergence to the efficient cell in the minimal information game of mutual fate control, while earlier...
Persistent link: https://www.econbiz.de/10005407543
information. This way we are able to investigate (i) the coordination abilities of the subjects depending on the underlying game …
Persistent link: https://www.econbiz.de/10005407575
-of-the-sexes. In repeated interaction, asymmetric coordination is possible possible via symmetric repeated game strategies. This … asymmetric continuation paths. The multiplicity of possible conventions gives rise to a coordination problem at a higher level if … the game is one of pure coordination. However, if there is a slight conflict of interest between players, a unique optimal …
Persistent link: https://www.econbiz.de/10005407601
Correlated equilibria are sometimes more efficient than the Nash equilibria of a game without signals. We investigate whether the availability of quantum signals in the context of a classical strategic game may allow the players to achieve even better efficiency than in any correlated...
Persistent link: https://www.econbiz.de/10005062351
We ask whether communication can directly substitute for memory in dynastic repeated games in which short lived … by means of communication. When communication is costless and messages are sent simultaneously, communication mechanisms … or protocols exist that sustain the same set of equilibrium payoffs as in the standard repeated game. When communication …
Persistent link: https://www.econbiz.de/10005407603
This paper studies the role of memory and communication in games between ongoing organizations. In each organization … the past can be communicated by one generation to the next through ``cheap talk" communication. With costly communication …
Persistent link: https://www.econbiz.de/10005550938
members of a coalition. We then define a concept of the Core that takes into account these communication possibilities. The …
Persistent link: https://www.econbiz.de/10005118634
Capital account liberalization and exchange rate regime choice, what scope for flexibility in Tunisia? The adoption by Tunisia of structural reforms of its economy in a context of gradual opening since 1986, had allowed the instauration in January 1993 of the convertibility of its current...
Persistent link: https://www.econbiz.de/10005407508