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Chapter 1. Introduction to games and their representation.-Chapter 2. Equilibrium dominance.-Chapter 3. Nash equilibrium.-Chapter 4. Nash equilibria in games with continuous action spaces.-Chapter 5. Mixed strategy Nash equilibrium -- Chapter 6. Subgame perfect equilibrium -- Chapter 7. Repeated...
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This paper analyzes the protection of a common pool resource (CPR) through the management of information. Specifically, we examine an entry deterrence model between an incumbent perfectly informed about the initial stock of a CPR and an uninformed potential entrant. In our model, the...
Persistent link: https://www.econbiz.de/10014198520
This paper investigates behavior in finitely repeated simultaneous and sequential-move prisoner’s dilemma games when there is one-sided incomplete information and signaling about players’ concerns for fairness, specifically, their preferences regarding “inequity aversion.” In this...
Persistent link: https://www.econbiz.de/10011154915
This paper investigates a signaling entry deterrence model under learning-by-doing. We show that a monopolist’s practice of entry deterrence imposes smaller welfare losses (or larger welfare gains) when learning effects are present than when they are absent, making the intervention of...
Persistent link: https://www.econbiz.de/10008646304