Showing 1 - 10 of 23
In (Viossat, 2006, "The replicator dynamics does not lead to correlated equilibria", forthcoming in Games and Economic Behavior), it was shown that the replicator dynamics may eliminate all pure strategies used in correlated equilibrium, so that only strategies that do not take part in any...
Persistent link: https://www.econbiz.de/10003327803
A pure strategy is coherent if it is played with positive probability in at least one correlated equilibrium. A game is pre-tight if in every correlated equilibrium, all incentives constraints for non deviating to a coherent strategy are tight. We show that there exists a Nash equilibrium in the...
Persistent link: https://www.econbiz.de/10003393200
Persistent link: https://www.econbiz.de/10014426084
Persistent link: https://www.econbiz.de/10003854829
Persistent link: https://www.econbiz.de/10013369916
Persistent link: https://www.econbiz.de/10009306495
Persistent link: https://www.econbiz.de/10011554676
Persistent link: https://www.econbiz.de/10011455539
There are two common ways for a principal to influence the decision making of an agent. One is to manipulate the agent's information (persuasion problem). Another is to limit the agent's decisions (delegation problem). We show that, under general assumptions, these two problems are equivalent;...
Persistent link: https://www.econbiz.de/10012921832
Persistent link: https://www.econbiz.de/10003906149