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A New Approach to Solving Production-Appropriation Games with Many Heterogeneous Players

Cornes, Richard; Hartley, Roger; Tamura, Yuji - 2021

We set out a model of production and appropriation involving many players, who differ with respect to both resource endowments and productivities. We write down the model in a novel way that permits our analysis to avoid the proliferation of dimensions associated with the best response function...

Persistent link: https://www.econbiz.de/10013316209

Conflict networks

Franke, Jörg; Öztürk, Tahir - 2009

Conflict parties are frequently involved into more than one conflict at a given time. In this paper the interrelated … structure of conflictive relations is modeled as a conflict network where opponents are embedded in a local structure of … bilateral conflicts. Conflict parties invest in specific conflict technology to attack their respective rivals and defend their …

Persistent link: https://www.econbiz.de/10003850903

Exclusivity of Groups in Contests

Send, Jonas - 2021

I analyse a group contest in which groups decide over two dimensions of membership-exclusivity: whether a member is allowed to join the group at all, and whether this member is allowed to join another group as well. If the prize is mostly private, group leaders do not oﬀer membership in...

Persistent link: https://www.econbiz.de/10013323852

Mobility and conflict

Bhattacharya, Sourav; Deb, Joyee; Kundu, Tapas - 2012

We study the role of inter-group differences in the emergence of conflict. In our setting, two groups compete for the …, that the opposition can either accept, or reject and wage conflict. Expropriating a large share of resources increases … of conflict. In equilibrium, allocations are non-monotonic in the cost of mobility. Moreover, limited commitment with …

Persistent link: https://www.econbiz.de/10009489032

Mobility and Conflict

Bhattacharya, Sourav; Deb, Joyee; Kundu, Tapas - 2021

Persistent link: https://www.econbiz.de/10013315939

A characterization of melioration in game theoretic frameworks

Apesteguia, Jose - 2001

Persistent link: https://www.econbiz.de/10001642000

On the Equivalence between (Quasi-)Perfect and Sequential Equilibria

Pimienta, Carlos; Shen, Jianfei - 2012

We prove the generic equivalence between quasi-perfect equilibrium and sequential equilibrium. Combining this result with Blume and Zame (1994) shows that perfect, quasi-perfect and sequential equilibrium coincide in generic games

Persistent link: https://www.econbiz.de/10014174170

The Power of Sunspots : An Experimental Analysis

Fehr, Dietmar; Heinemann, Frank; Llorente-Saguer, Aniol - 2012

We present an experiment in which extrinsic information (signals) may generate sunspot equilibria. The underlying coordination game has a unique symmetric non-sunspot equilibrium, which is also risk-dominant. Other equilibria can be ordered according to risk dominance. We introduce salient but...

Persistent link: https://www.econbiz.de/10014174188

From Nash to Walras Via Shapley-Shubik

Dubey, Pradeep K.; Geanakoplos, John - 2003

We derive the existence of a Walras equilibrium directly from Nash's theorem on noncooperative games. No price player is involved, nor are generalized games. Instead we use a variant of the Shapley-Shubik trading-post game

Persistent link: https://www.econbiz.de/10014117064

A Strategic Foundation for Proper Equilibrium

Kleppe, John - 2012

Proper equilibrium plays a prominent role in the literature on non-cooperative games. The underlying thought experiment is, however, unsatisfying, as it gives no justification for its fundamental idea that severe mistakes are made with a significantly smaller probability than innocuous ones. In...

Persistent link: https://www.econbiz.de/10013097703