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In the context of an infinitely repeated Prisoners' Dilemma, we explore how cooperation is initiated when players communicate and coordinate through their actions. There are two types of players - patient and impatient - which are private information. An impatient type is incapable of...
Persistent link: https://www.econbiz.de/10008652150
In the context of an infinitely repeated Prisoners.Dilemma, we explore how cooperation is initiated when players signal and coordinate through their actions. There are two types of players - patient and impatient - and a player's type is private information. An impatient type is incapable of...
Persistent link: https://www.econbiz.de/10009486361
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In a multi-agent contracting setting, agents' performances are related due to both correlating noise and effort spillover. We study the optimal linear contract in which the agents are risk averse. Putting compensation weights on peers' performances helps to filter out common noise, which relaxes...
Persistent link: https://www.econbiz.de/10013238406
Two types of intervention are commonly implemented in networks: characteristic intervention which influences individuals' intrinsic incentives, and structural intervention which targets at the social links among individuals. In this paper we provide a general framework to evaluate the distinct...
Persistent link: https://www.econbiz.de/10013243281
In this paper, we propose an integrated approach to combine aircraft routing and crew scheduling problem with the consideration of multiple types of fleets where a crew can only fly the specific type of fleet. This method effectively manages the aircraft and crew because it takes aircraft...
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