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Economic harmony : a rational theory of fairness and cooperation in strategic interactions
Suleiman, Ramzi - In: Games 13 (2022) 3, pp. 1-21
-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard … account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its …
Persistent link: https://www.econbiz.de/10013252726
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Maximin play in completely mixed strategic games
Pruzhansky, Vitaly - In: Theory and decision : an international journal for … 75 (2013) 4, pp. 543-561
Persistent link: https://www.econbiz.de/10010345040
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Best responding to what? : a behavioral approach to one shot play in 2x2 games
Gallice, Andrea - 2007
We introduce a simple procedure to be used for selecting the strategies most likely to be played by inexperienced agents who interact in one shot 2x2 games. We start with an axiomatic description of a function that may capture players' beliefs. Various proposals connected with the concept of...
Persistent link: https://www.econbiz.de/10010439356
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What price compromise?
Bone, John; Hey, John Denis; Suckling, John R. - In: Theory and decision : an international journal for … 77 (2014) 3, pp. 359-376
Persistent link: https://www.econbiz.de/10010481921
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An experiment on the Nash program : comparing two strategic mechanisms implementing the shapley value
Chessa, Michela; Hanaki, Nobuyuki; Lardon, Aymeric; … - 2022
We experimentally compare two well-known mechanisms inducing the Shapley value as an ex ante equilibrium outcome of a noncooperative bargaining procedure: the demand-basedWinter's demand commitment bargaining mechanism and the offer-based Hart and Mas-Colell procedure. Our results suggest that...
Persistent link: https://www.econbiz.de/10013252966
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The effect of choosing a proposer through a bidding procedure in implementing the Shapley value
Chessa, Michela; Hanaki, Nobuyuki; Lardon, Aymeric; … - 2022 - Revised August 2022
between the realized allocation and the Shapley value. Our experiment shows that H-MC not only results in significantly …
Persistent link: https://www.econbiz.de/10013252972
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An experiment on the winter demand commitment bargaining mechanism
Chessa, Michela; Hanaki, Nobuyuki; Lardon, Aymeric; … - 2021
In this paper we experimentally compare three implementations of Winter demand commitment bargaining mechanism: a one-period implementation, a twoperiod implementation with low and with high delay costs. Despite the different theoretical predictions, our results show that the three different...
Persistent link: https://www.econbiz.de/10012695303
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Coordination and learning in games with strategic substitutes and complements
Barthel, Anne-Christine; Hoffmann, Eric; Monaco, Andrew - In: Research in economics : an international review of economics 73 (2019) 1, pp. 53-65
Persistent link: https://www.econbiz.de/10012305866
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The effect of choosing a proposer through a bidding procedure in implementing the Shapley value
Chessa, Michela; Hanaki, Nobuyuki; Lardon, Aymeric; … - In: Journal of economic psychology : research in economic … 93 (2022), pp. 1-19
Persistent link: https://www.econbiz.de/10014251196
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An experiment on demand commitment bargaining
Chessa, Michela; Hanaki, Nobuyuki; Lardon, Aymeric; … - In: Dynamic games and applications : DGA 13 (2023) 2, pp. 589-609
Persistent link: https://www.econbiz.de/10014327261