Showing 1 - 10 of 11,567
Trust and trust management represent the very foundations of Computer and Network Security Protocols enabling all cyber activities. The recent spate of national and global high-impact cyber security compromises threats, vulnerabilities and exposures leads to fundamental questioning of trust as...
Persistent link: https://www.econbiz.de/10014120820
Lies can have profoundly negative consequences for individuals, groups, and even for societies. Understanding how lying evolves and when it proliferates is therefore of significant importance for our personal and societal well-being. To that effect, we here study the sender-receiver game in...
Persistent link: https://www.econbiz.de/10014104926
Methods of statistical physics have proven valuable for studying the evolution of cooperation in social dilemma games. However, recent empirical research shows that cooperative behavior in social dilemmas is only one kind of a more general class of behavior, namely moral behavior, which includes...
Persistent link: https://www.econbiz.de/10014110768
In a canonical model of military conflict, victory and defeat depend stochastically on the difference of resources deployed by the conflict parties. The present paper offers a comprehensive analysis of that model. The unique Nash equilibrium reflects either (i) peace, (ii) submission, (iii)...
Persistent link: https://www.econbiz.de/10012796610
In a canonical model of military conflict, victory and defeat depend stochastically on the difference of resources deployed by the conflict parties. The present paper offers a comprehensive analysis of that model. The unique Nash equilibrium reflects either (i) peace, (ii) submission, (iii)...
Persistent link: https://www.econbiz.de/10013298819
This essay reviews new histories of the role of game theory and rational decision-making in shaping the social sciences, economics among them, in the post war period. The recent books "The World the Game Theorists Made" by Paul Erickson and "How Reason Almost Lost Its Mind" by Paul Erickson,...
Persistent link: https://www.econbiz.de/10011524189
The importance of correct and clear decisions during a complex and difficult situation is very easy to understand, but not so easy to achieve. Especially in situations where decision-makers must decide under time pressure and uncertainty. For instance, typical crisis situations have such...
Persistent link: https://www.econbiz.de/10012604201
Under its conventional positive interpretation, game theory predicts that the mixed strategy profile of players in a particular noncooperative game will fall within some set determined by the game, e.g., the set of Nash equilibria of that game. Profiles outside of that set are implicitly...
Persistent link: https://www.econbiz.de/10014194362
The sum of a supermodular function, assumed nondecreasing in the choice variable, and of a 'concavely supermodularizable' function, assumed nonincreasing in the parameter variable, satisfies the Milgrom- Shannon (1994, Monotone comparative statics, Econometrica 62, 157-180) single crossing...
Persistent link: https://www.econbiz.de/10014197826
Conventionally, game theory predicts that the joint mixed strategy of players in a noncooperative game will satisfy some equilibrium concept. Relative probabilities of the joint strategies satisfying the concept are unspecified, and all strategies not satisfying it are assigned probability zero....
Persistent link: https://www.econbiz.de/10014216189