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I introduce an undominated coalition-proof Nash equilibrium that is unique and is able to select undominated Nash … equilibria in a quasi-supermodular game with a strict single-crossing property and monotonic externalities …
Persistent link: https://www.econbiz.de/10012890701
This research states the stylised n (more than two) players' splitting problem as a mathematical programme, relying on definitions of the values of the game and problem stationarity to generate tractable reduced forms, and derives the known solutions according to the properties of pertaining...
Persistent link: https://www.econbiz.de/10011524731
players in a two - and three - member coalition in terms of the payoffs. It turns out that in a sequential equilibrium, these … associated with different coalition sizes and structures so that honesty and cheating do matter in this sense …
Persistent link: https://www.econbiz.de/10014222767
The literature on the computation of Nash equilibria in n-person games is dominated by simplicial methods. This paper is the first to introduce a globally convergent algorithm that fully exploits the differentiability present in the problem. It presents an everywhere differentiable homotopy to...
Persistent link: https://www.econbiz.de/10014151872
We consider a class of perfect information unanimity bargaining games, where the players have to choose a payoff vector from a fixed set of feasible payoffs. The proposer and the order of the responding players is determined by a state that evolves stochastically over time. The probability...
Persistent link: https://www.econbiz.de/10014145019
Persistent link: https://www.econbiz.de/10014165863
Diermeier and Fong (2008a) recently proposed a legislative bargaining model with reconsideration in the context of a distributive policy environment. In this paper we prove general existence and necessary conditions for pure-strategy stationary equilibria for any finite policy space and...
Persistent link: https://www.econbiz.de/10003782130
Introduction to Strategic Form Games -- Dominance -- Rationalizability -- Nash Equilibrium -- Perfect Equilibrium -- Evolutionary Stable Strategies -- Correlated Equilibrium -- Bayesian Nash Equilibrium -- Introduction to Extensive Form Games -- Subgame Perfect Nash Equilibrium -- Sequential...
Persistent link: https://www.econbiz.de/10015408985
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