Showing 1 - 10 of 1,718
The idea of team-thinking or we-thinking is increasingly drawing the attention of economists. The main claim of scholars who analyze we-thinking is that it is a coherent mode of reasoning people may use when they face a decision problem. But, if there is a general agreement on the existence of...
Persistent link: https://www.econbiz.de/10015223266
This paper studies repeated games with pure strategies and stochastic discounting under perfect information. We consider infinite repetitions of any finite normal form game possessing at least one pure Nash action profile. The period interaction realizes a shock in each period, and the...
Persistent link: https://www.econbiz.de/10015225457
In this paper we define the canonical mixed extension of a decision form game. We motivate the necessity to introduce this concept and we show several examples about the new concept. In particular we focus our study upon the mixed equilibria of a finite decision form game. Many devel- opments...
Persistent link: https://www.econbiz.de/10015225705
In this paper we introduce the reactivity in decision-form games. The concept of reactivity allows us to give a natural concept of rationalizable solution for decision-form games: the solubility by elimination of sub- reactive strategies. This concept of solubility is less demanding than the...
Persistent link: https://www.econbiz.de/10015225723
In this paper we formalize a new form of two-player game, that we call decision- form. A two-player decision-form game consists in a pair of decision rules, representing the rationality of each player. We develop the basic facts of this type of games, showing that this form of game generalizes...
Persistent link: https://www.econbiz.de/10015225727
In this paper we propose a concept of rationalizable solution for two-player decision-form games: the solution by iterated elimination of non-reactive strategies. Several original theorems are proved about this kind of solution. We study the relations between solutions by iterated elimination of...
Persistent link: https://www.econbiz.de/10015225882
We study repeated games with pure strategies and stochastic discounting under perfect information, with the requirement that the stage game has at least one pure Nash action profile. Players discount future payoffs with a common, but stochastic, discount factor where associated stochastic...
Persistent link: https://www.econbiz.de/10015227936
We introduce here the second volume of the Handbook of Game Theory and Industrial Organization, by L. C. Corchón and M. A. Marini (ed.), Edward Elgar, Cheltenam, UK and Northampton, MA, describing its main aim and its basic structure.
Persistent link: https://www.econbiz.de/10015257501
In the present introductory work we propose an original analytical model of coopetitive game. We suggest possible general and feasible solutions; in particular, from a coopetitive perspective, we suggest compromise solutions - for our coopetitive game, by using Kalai-Smorodinsky method.
Persistent link: https://www.econbiz.de/10015244844
This paper begins with a survey of the literature on the political economy approaches to labor income taxation. We focus on recent progress made by examining in detail the specific properties of non-linear taxes derived in the context of voting. Next, we present new results on the existence of...
Persistent link: https://www.econbiz.de/10015213424