Showing 1 - 10 of 115
We examine a bargaining game in which players cannot make arbitrary offers. Instead, players alternately decide whether …
Persistent link: https://www.econbiz.de/10014426519
Demands and concessions in a multi-stage bargaining process are shaped by the probabilities that each side will prevail … investigate the effects of power asymmetries on conflict rates in a two-stage bargaining game that is (if necessary) followed by …
Persistent link: https://www.econbiz.de/10009785364
This paper analyses a model of legislative bargaining in which parties form tentative coalitions (protocoalitions … follow a counterintuitive pattern: as the bargaining power of weak players within a protocoalition increases, the weak …
Persistent link: https://www.econbiz.de/10011316670
the theory predictions of behavior in the ultimatum game, the bargaining game with alternating offers, and the sequential … aesthetically pleasing properties, emerged as the point of fair demands in the ultimatum game, the sequential bargaining game with …
Persistent link: https://www.econbiz.de/10013252726
In the game of rock-paper-scissors with three players, this paper identifies conditions for a correlated equilibrium that differs from the mixed strategy Nash equilibrium and is evolutionarily stable. For this to occur, the correlation device attaches more probability to three-way ties and...
Persistent link: https://www.econbiz.de/10014426258
This paper considers a two-player game where each player chooses a resource from a finite collection of options. Each resource brings a random reward. Both players have statistical information regarding the rewards of each resource. Additionally, there exists an information asymmetry where each...
Persistent link: https://www.econbiz.de/10014426536
We formulate and study a two-player duel game as a terminal payoffs stochastic game. Players 𝑃1,𝑃2 are standing in place and, in every turn, each may shoot at the other (in other words, abstention is allowed). If 𝑃𝑛 shoots 𝑃𝑚 (𝑚≠𝑛), either they hit and kill them (with...
Persistent link: https://www.econbiz.de/10014426539
In a previous paper, we considered several models of the parlor game baccara chemin de fer, including Model B2 (a 2×2484 matrix game) and Model B3 (a 25×2484 matrix game), both of which depend on a positive-integer parameter d, the number of decks. The key to solving the game under Model B2...
Persistent link: https://www.econbiz.de/10014426548
A number of learning models have been suggested to analyze the repeated interaction of boundedly rational agents competing in oligopolistic markets. The agents form a model of the environment that they are competing in, which includes the market demand and price formation process, as well as...
Persistent link: https://www.econbiz.de/10015271474
We have built and investigated analytically and numerically a differential game model of Cournot oligopoly with consideration of pollution, network structure, and continuous updating. Up to this time, games with network structure and continuous updating were considered separately. We analyzed...
Persistent link: https://www.econbiz.de/10015271676