This paper analyses a two-player game of strategic experimentation with two-armed bandits.At least one of the arms is risky in the sense that it may not yield a lumpsum payoff. There is payoff externality between the players and they differ in their ability to learn across the risky arm. Either...

This paper considers a two-armed bandit problem with one safe arm and one risky arm. The risky arm if good, can potentially experience two kinds of arrivals. One is publicly observable and the other is private to the agent who experiences it. The safe arm experiences publicly observable arrivals...

We study a model of decentralised bilateral interactions in a small market where one of the sellers has private information about her value. There are two identical buyers and another seller, whose valuation is commonly known to be in between the two possible valuations of the informed seller....

In this paper, I examine the effect of introducing heterogeneity between players in a model of strategic experimentation. I consider a two-armed bandit problem in continuous time with one safe arm and a risky arm. There are two players and each has an access to such a bandit. A player using the...

This paper reviews the state of field of nanotechnology in concrete technology field. The outstanding chemical any physical property of nanomaterials helps in structural reinforcement and redemption of environmental pollution, and also in producing self cleaning materials. Concrete is one of the...

The report said that 30 to 40% of all of the primary energy sources used worldwide have used in buildings. This energy use may directly or indirectly affects in the environment. Also it causes the changes in climate, degrades the environment and increases the air pollution. These building do not...