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This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It … segregation and why this process is irreversible. This model incorporates insights from Schelling's two classical models of … shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of …
Persistent link: https://www.econbiz.de/10013155581
This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It … segregation and why this process is irreversible. This model incorporates insights from Schelling's two classical models of … shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of …
Persistent link: https://www.econbiz.de/10003898061
In a coordination game such as the Battle of the Sexes, agents can condition their plays on external signals that can … are rare. Thus, even in a world of simple learning agents, coordination behavior can take on some surprising forms. …
Persistent link: https://www.econbiz.de/10011515836
Compliance inspection is a detailed examination procedure for determining compliance of a particular person or organisation with the given set of provisions (in regulations, standards, business rules, etc.). The optimal selection of persons or organisations and provisions for inspection is one...
Persistent link: https://www.econbiz.de/10013290870
We choose between alternatives without being fully informed about the rewards from different courses of action. In making our decisions, we use our own past experience and the experience of others. So the ways in which we interact - our social network - can influence our choices. These choices...
Persistent link: https://www.econbiz.de/10014025688
Some private-monitoring games, that is, games with no public histories, can have histories that are almost public. These games are the natural result of perturbing public monitoring games towards private monitoring. We explore the extent to which it is possible to coordinate continuation play in...
Persistent link: https://www.econbiz.de/10011702996
In this paper, the authors continue the pursuit of the self-coordination mechanism as studied in the El Farol Bar …
Persistent link: https://www.econbiz.de/10009713788
We analyze a coordination game with information-constrained players. The players' actions are based on a noisy … environment. We apply our model to the coordination game in the experiment of Frydman and Nunnari (2023), and show that it offers …
Persistent link: https://www.econbiz.de/10014469169
I consider a flexible framework of strategic interactions under incomplete information in which, prior to committing their actions (consumption, production, or investment decisions), agents choose the attention to allocate to an arbitrarily large number of information sources about the primitive...
Persistent link: https://www.econbiz.de/10010476378
We examine in detail the implementation of a project that is non-harmful for all agents as well as a project that is harmful for some agents through a unit-by-unit contribution mechanism. For a project that is non-harmful for all agents, efficient implementation is supported at one regular Nash...
Persistent link: https://www.econbiz.de/10012902874