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facing expected harder competition. The result is consistent with our empirical analysis of the data. We also develop two …
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This is a survey and discussion of work covering both formal game theory and experimental gaming prior to 1991. It is a useful preliminary introduction to the considerable change and emphasis which has taken place since that time where dynamics, learning, and local optimization have challenged...
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value of a coalition-based on the best or worst roommate in the coalition. In all cases, we determine the complexity of …
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We investigate the Nash equilibria of asymmetric, winner-take-all, imperfectlydiscriminating contests, focussing on existence, uniqueness and rentdissipation. When the contest success function is determined by a productionfunction with decreasing returns for each contestant, equilibria...
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