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Dillenberger, David; Sadowski, Philipp - In: Theoretical economics : TE ; an open access journal in … 7 (2012) 1, pp. 99-124

We study a decision maker (DM) who has preferences over choice problems, which are sets of payoff-allocations between herself and a passive recipient. An example of such a set is the collection of possible allocations in the classic dictator game. The choice of an allocation from the set is...

Persistent link: https://www.econbiz.de/10011690900

Communication in cournot oligopoly

Goltsman, Maria; Pavlov, Gregory - 2012

We study communication in a static Cournot duopoly model under the assumption that the firms have unverifiable private … can communicate through a third party, communication can be informative even when it is not substantiated by any … commitment or costly actions. We exhibit a simple mechanism that ensures informative communication and interim Pareto dominates …

Persistent link: https://www.econbiz.de/10009633349

Commitments, intentions, truth and Nash equilibria

Schlag, Karl H.; Vida, Péter - 2013

model of communication in games and investigate the importance of when communication takes place. Sending a message before … are believed whenever possible. Applying our results to Aumann's Stag Hunt game we find that communication is useless if …

Persistent link: https://www.econbiz.de/10010200432

Believing when credible : talking about future plans and past actions

Vida, Péter - 2015

whenever possible, thereby develop a theory of credible communication. Predictions confirm the longstanding intuition for …

Persistent link: https://www.econbiz.de/10011345781

Fairness and competition in a bilateral matching market

Bester, Helmut - 2021

This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes. In equilibrium fairness matters because of market...

Persistent link: https://www.econbiz.de/10012587476

Fairness and competition in a bilateral matching market

Bester, Helmut - 2021

Persistent link: https://www.econbiz.de/10012648091

Equilibrium Play in Voluntary Ultimatum Games : Beneficence Cannot Be Extorted

Smith, Vernon L. - 2018

One robust result in experimental economics is the failure to observe equilibrium play in the ultimatum game. A heretofore unnoticed feature of the game is that neither player voluntarily chooses to play the game. Motivated by Adam Smith's proposition that beneficence — like that of...

Persistent link: https://www.econbiz.de/10012933022

Nash vs. coarse correlation

Georgalos, Konstantinos; Ray, Indrajit; Gupta, Sonali Sen - 2019

We run a laboratory experiment with a two-person game with unique pure Nash equilibrium which is also the solution of …

Persistent link: https://www.econbiz.de/10011962034

On the Behavior of Proposers in Ultimatum Games

Brenner, Thomas; Vriend, Nicolaas J. - 2003

We demonstrate that one should not expect convergence of the proposals to the subgame perfect Nash equilibrium offer in standard ultimatum games. First, imposing strict experimental control of the behavior of the receiving players and focusing on the behavior of the proposers, we show...

Persistent link: https://www.econbiz.de/10014075019

A cash effect in ultimatum game experiments

Shen, Junyi; Takahashi, Hiromasa - In: The journal of socio-economics 47 (2013), pp. 94-102

Persistent link: https://www.econbiz.de/10010489944