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errors) are a subset of the core. Uniqueness does not obtain even when the money unit becomes arbitrarily small. Nonetheless …, every SSA is related to the allocation that maximizes the product of players' utilities over the core; i.e., constrained …
Persistent link: https://www.econbiz.de/10014068091
This paper studies a stability notion and matching processes in the job market with incomplete information on the …
Persistent link: https://www.econbiz.de/10012159014
Persistent link: https://www.econbiz.de/10008747529
The need for efficient coordination is ubiquitous in organizations and industries. The literature on the determinants of efficient coordination has focused on individual decision making so far. In reality, however, teams often have to coordinate with other teams. We present a series of...
Persistent link: https://www.econbiz.de/10003862333
The need for efficient coordination is ubiquitous in organizations and industries. The literature on the determinants of efficient coordination has focused on individual decision-making so far. In reality, however, teams often have to coordinate with other teams. We present an experiment with...
Persistent link: https://www.econbiz.de/10009733222
The need for efficient coordination is ubiquitous in organizations and industries. The literature on the determinants of efficient coordination has focused on individual decision-making so far. In reality, however, teams often have to coordinate with other teams. We present an experiment with...
Persistent link: https://www.econbiz.de/10003760231
We study experimentally whether heterogeneity of behavior in the Centipede game can be interpreted as the result of a learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the opponent's past behavior. We manipulate the...
Persistent link: https://www.econbiz.de/10011326679
This note applies the evolutionary dynamic of Kandori, Mailath, and Rob ( Econometrica 61 (1993), 29-65) to class coordination games that the entire population plays simultaneously. In these games, payoffs and best replies are determined by a symmary statistic of the population strategy profile...
Persistent link: https://www.econbiz.de/10014198624
We study experimentally whether heterogeneity of behavior in the Centipede game can be interpreted as the result of a learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the opponent's past behavior. We manipulate the...
Persistent link: https://www.econbiz.de/10013014085
Persistent link: https://www.econbiz.de/10012294760