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Forges, Françoise - 2014

Under appropriate assumptions (private values and uniform punishments), the Nash equilibria of a Bayesian repeated game without discounting are payoff-equivalent to tractable, completely revealing, equilibria and can be achieved as interim cooperative solutions of the initial Bayesian game. This...

Persistent link: https://www.econbiz.de/10013055418

Bayesian repeated games and reputations

Forges, Françoise; Salomon, Antoine - 2014

Persistent link: https://www.econbiz.de/10010256693

Strategic teaching and learning in games

Schipper, Burkhard - 2015

It is known that there are uncoupled learning heuristics leading to Nash equilibrium in all finite games. Why should … players use such learning heuristics and where could they come from? We show that there is no uncoupled learning heuristic …" or that "could learn itself". Rather, a player has an incentive to strategically teach such a learning opponent in order …

Persistent link: https://www.econbiz.de/10010516648

Strategic teaching and learning in games

Schipper, Burkhard - 2017

It is known that there are uncoupled learning heuristics leading to Nash equilibrium in all finite games. Why should … players use such learning heuristics and where could they come from? We show that there is no uncoupled learning heuristic … that could "learn itself". Rather, a player has an incentive to strategically teach such a learning opponent in order to …

Persistent link: https://www.econbiz.de/10011764914

The economics of transboundary river management

Ansink, Erik; Houba, Harold - 2014

We survey the economics of transboundary river water allocation, which emerged in the 1960s and has matured over the last decade due to increasing concerns over water scarcity and pollution. We outline the major approaches and pay specific attention to the strategic aspects of transboundary...

Persistent link: https://www.econbiz.de/10010412473

Plato as a game theorist towards an international trade policy

Halkos, George E.; Kyriazēs, Nikos K.; Economou, … - In: Journal of risk and financial management : JRFM 14 (2021) 3/115, pp. 1-15

In the beginning of the second book of his Politeia (Republic) Plato in passage 2.358e-359a-c raises the issue of the administration of justice as a means of motivating people to behave fairly regarding their relationships and when cooperating with each other because, at the end, this is...

Persistent link: https://www.econbiz.de/10012485255

Preferences-dependent learning in the Centipede game

Gamba, Astrid; Regner, Tobias - 2015

learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the …

Persistent link: https://www.econbiz.de/10011326679

Preferences-Dependent Learning in the Centipede Game

Gamba, Astrid - 2015

learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the …

Persistent link: https://www.econbiz.de/10013014085

Contract design with limited commitment

Gretschko, Vitali; Wambach, Achim - 2018

characterization of renegotiation-proof states of such a renegotiation. The proposed solution concept provides an effective and easy …

Persistent link: https://www.econbiz.de/10011946012

Equilibrium selection in similar repeated games : experimental evidence on the role of precedents

Duffy, John; Fehr, Dietmar - 2015

We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag Hunt and Prisoner's Dilemma under anonymous random matching. We are interested in the role that precedents may play for equilibrium selection between these two stage game...

Persistent link: https://www.econbiz.de/10010478988