This study explores the micro-level of making economic decisions, focusing on processes and causal relationships using which individuals (agents) take into account each other’s activities. A central concept employed herein is the Shared Mental Model (SMM) used by participants of joint activity...

This study explores the micro-level of making economic decisions, focusing on processes and causal relationships using which individuals (agents) take into account each other’s activities. A central concept employed herein is the Shared Mental Model (SMM) used by participants of joint activity...

Рассматривается микроуровневая детализация процессов и причинно-следственных связей, с помощью которых агенты (люди) учитывают деятельность друг друга в...

We introduce here the volume Handbook of Game Theory and Industrial Organization, by L. C. Corchón and M. A. Marini (ed.), Edward Elgar, Cheltenam, UK and Northampton, MA, by describing its main aim and its basic structure.

We explore the equivalence of local incentive compatibility (LIC) (Carroll (2012)) and incentive compatibility (IC) in non-convex type-spaces. We provide a sufficient condition on a type-space called minimal richness for the said equivalence. Using this result, we show that LIC and IC are...

We explore the relation between different notions of local incentive compatibility (LIC) and incentive compatibility (IC) on ordinal type-spaces. In this context, we introduce the notion of ordinal local global equivalent (OLGE) and cardinal local global equivalent (CLGE) environments. First, we...