Showing 641 - 650 of 156,705
I develop a dynamic model of costly private provision of public goods where agents can also invest in cost-reducing technologies. Despite the n+1 stocks in the model, the analysis is tractable and the (Markov perfect) equilibrium unique. The framework is used to derive optimal incomplete...
Persistent link: https://www.econbiz.de/10008665739
Persistent link: https://www.econbiz.de/10010362570
Persistent link: https://www.econbiz.de/10011399830
Real-world negotiations differ fundamentally from existing bargaining theory. Inspired by the Paris Agreement on climate change, this paper develops a novel bargaining game in which each party quanti.es its own contribution (to a public good, for example), before the set of pledges must be...
Persistent link: https://www.econbiz.de/10011924561
Persistent link: https://www.econbiz.de/10011754480
Persistent link: https://www.econbiz.de/10011701851
Persistent link: https://www.econbiz.de/10011792269
Persistent link: https://www.econbiz.de/10011792302
Persistent link: https://www.econbiz.de/10011819116
Do boundedly rational players learn to choose equilibrium strategies as they play a game repeatedly? A large literature in behavioral game theory has proposed and experimentally tested various learning algorithms, but a comparative analysis of their equilibrium convergence properties is lacking....
Persistent link: https://www.econbiz.de/10012854685