Within the last year
Within the past 3 years
1 - 10 of 11 articles
In this paper we analyze the equilibria structure of k -price auctions, k ≥ 3, under the independent-private-value assumption. We discuss agents with an arbitrary attitude toward risk. That is, agents may be risk averse or risk seeking, or they may have an alternating attitude toward risk. We...
This paper introduces ambiguous games, a modification of the normal form that allows the presence of vagueness in players' beliefs over the opponents' choice of strategies. An appropriate notion of equilibrium is presented, and a general existence result is proved. Journal of Economic Literature...
We formulate necessary and sufficient conditions for interim rationalizable trade between two players. Journal of Economic Literature Classification Numbers: D82, C72.
A team is a group of people having the same motives but possibly different available actions. A team game is a game where two teams face each other. An absorbing game is a repeated game where some of the entries are absorbing, in the sense that once they are chosen the play terminates, and all...
We study the evolution of preference interdependence in aggregative games which are symmetric with respect to material payoffs but asymmetric with respect to player objective functions. We identify a class of aggregative games whose equilibria have the property that the players with...
In a seminal paper Bagwell ((1995). Games Econom. Behav. 8 , 271–280) claims that the first mover advantage, i.e., the strategic benefit of committing oneself to an action before others can, vanishes completely if this action is only imperfectly observed by second movers. In our paper we report...
This paper analyzes simple mechanisms implementing (subselections of) the core correspondence of matching markets. We provide a sequential mechanism which mimics a matching procedure for many-to-one real life matching markets. We show that only core allocations should be attained when agents act...
This paper explores the effects of a “selective acceptance” rule on the outcome of two-issue negotiations. The alternating-offer game introduced here allows for the possibility that settlement may be reached on one issue while negotiation continues about the other. This model captures...
Read and print from thousands of top scholarly journals.
Sign up with Facebook
Sign up with Google
Already have an account? Log in
Save this article to read later. You can see your Read Later on your DeepDyve homepage.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Sign Up Log In
To subscribe to email alerts, please log in first, or sign up for a DeepDyve account if you don’t already have one.
To get new article updates from a journal on your personalized homepage, please log in first, or sign up for a DeepDyve account if you don’t already have one.