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The model of the linear city under a triangular distribution of consumers: an empirical analysis on price and location of beverage kiosks in Catania

Torrisi, Gianpiero - 2008

This paper presents a model of oligopolistic competition under horizontal differentiation of products and a triangular distribution of consumers. The triangular distribution aims to represent a case of concentration of consumers around the central location. The main result is that a good deal of...

Persistent link: https://www.econbiz.de/10015215230

The Power of Focal Points is Strong: Coordination Games with Labels and Payoffs

Bodoff, David - 2020

players behave when label salience conflicts with payoff dominance. We consider such games by independently varying the two … players choose labeled strategies in response to a stimulus. In games with no reference stimulus, behavior is consistent with … a simple model, according to which strategic players assume their naïve counterparts choose the higher payoff. In games …

Persistent link: https://www.econbiz.de/10015215045

A Note on Intrinsic Correlation

Du, Songzi - 2008

In this note we characterize the strategic implication of intrinsic correlation, introduced by Brandenburger and Friedenberg (2008), in the subjective correlated equilibrium setting of a complete information game. Intrinsic correlation restricts correlation devices to variables within the game,...

Persistent link: https://www.econbiz.de/10015215232

Dynamic Unawareness and Rationalizable Behavior

Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C - 2009

We define generalized extensive-form games which allow for mutual unawareness of actions. We extend Pearce's (1984 …

Persistent link: https://www.econbiz.de/10015216762

Dynamic Unawareness and Rationalizable Behavior

Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2009

We define generalized extensive-form games which allow for mutual unawareness of actions. We extend Pearce's (1984 …

Persistent link: https://www.econbiz.de/10015218945

Unawareness, Beliefs and Speculative Trade

Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C - 2009

We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for potential applications of asymmetric unawareness. We compare unawareness with probability zero belief. Applying our unawareness belief structures, we show that the...

Persistent link: https://www.econbiz.de/10015218946

Speculative Trade under Unawareness: The Infinite Case

Meier, Martin; Schipper, Burkhard C - 2010

We generalize the "No-trade" theorem for finite unawareness belief structures in Heifetz, Meier, and Schipper (2009) to the infinite case.

Persistent link: https://www.econbiz.de/10015220343

Do soccer players play the mixed-strategy Nash equilibrium?

Azar, Ofer H.; Bar-Eli, Michael - 2009

in games is mixed. Consequently, evidence for naturally-occurring games in which the MSNE predicts the outcome well is of …

Persistent link: https://www.econbiz.de/10015220518

Revealed Unawareness

Schipper, Burkhard C - 2010

I develop awareness-dependent subjective expected utility by taking unawareness structures introduced in Heifetz, Meier, and Schipper (2006, 2008, 2009) as primitives in the Anscombe-Aumann approach to subjective expected utility. I observe that a decision maker is unaware of an event if and...

Persistent link: https://www.econbiz.de/10015220896

Game theory on strategic communication: an approach from Thomas S. Schelling

Estrada, Fernando; Hernández Porrras, María Leonor - 2010

In their recent work Thomas S. Schelling (2007, 2010), reiterating original arguments about game theory and its applications to social sciences. In particular, game theory helps to explore situations in which agents make decisions interdependent (strategic communication). Schelling's originality...

Persistent link: https://www.econbiz.de/10015221049