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We explore sequential voting in symmetric two-option environments. We show that the (informative) symmetric equilibria of the simultaneous voting game are also equilibria in any sequential voting structure. In unanimity games, (essentially) the whole set of equilibria is the same in all...
Persistent link: https://www.econbiz.de/10005401167
We explore sequential voting in symmetric two-option environments. We show that the (informative) symmetric equilibria of the simultaneous voting game are also equilibria in any sequential voting structure. In unanimity games, (essentially) the whole set of equilibria is the same in all...
Persistent link: https://www.econbiz.de/10005647214
Under sequential voting, voting late enables conditioning on which candidates are viable, while voting early can influence the field of candidates. But the latter effect can be harmful: shrinking the field increases not only the likelihood that future voters vote for one's favorite candidate,...
Persistent link: https://www.econbiz.de/10011206866
We explore sequential voting in symmetric two-option environments. We show that the (informative) symmetric equilibria of the simultaneous voting game are also equilibria in any sequential voting structure. In unanimity games, (essentially) the whole set of equilibria is the same in all...
Persistent link: https://www.econbiz.de/10005588287
Persistent link: https://www.econbiz.de/10005733799
This paper characterizes modified evolutionarily stable strategies (MESSES) in Robinstein's alternative-offers, infinite- horizon bargaining game.
Persistent link: https://www.econbiz.de/10005443407
This paper characterizes modified evolutionarily stable strategies (MESSES) in Robinstein's alternative-offers, infinite- horizon bargaining game.
Persistent link: https://www.econbiz.de/10005443493
We study a model in which two carriers choose networks to connect cities and compete for travelling customers. We show that if carriers compete aggressively (e.g., Bertrand-like behavior), one carrier operating a single hub-spoke network is an equilibrium outcome. Competing hub-spoke networks...
Persistent link: https://www.econbiz.de/10005401214
We classify the responses to owr paper " On the Interpretation of Decision Problems with Imperfect Recall" and address some of the points raised.
Persistent link: https://www.econbiz.de/10005675405
Persistent link: https://www.econbiz.de/10005675406