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Approximate knowledge of rationality and correlated equilibria
(Departamento de fundamentos del análisis económico I, 2012-07-16)
We extend Aumann's [3] theorem deriving correlated equilibria as a consequence of common priors and common knowledge of rationality by explicitly allowing for non-rational behavior. We replace the
assumption of common ...
Evolution of Cooperation in the Snowdrift Game with Incomplete Information and Heterogeneous Population
(Departamento de fundamentos del análisis económico I / Ekonomi analisiaren oinarriak I saila, 2012-09-19)
Differently from previous studies of tag-based cooperation, we assume that individuals fail to recognize their own tag. Due to such incomplete information, the action taken against the opponent cannot be based on similarity, ...
Games with perceptions
(Deparamento de fundamentos del análisis económico I, 2012-10-23)
We assume that 2 x 2 matrix games are publicly known and that players perceive a
dichotomous characteristic on their opponents which defines two types for each player. In turn, each type has beliefs concerning her opponent's ...
The von Neumann-Morgenstern stable sets for 2x2 games
(Departamento de Fundamentos del Análisis Económico IDepartamento de Economía Aplicada IV, 2012-11)
We analyze the von Neumann and Morgenstern stable sets for the mixed extension of 2 2 games when only single profitable deviations are allowed. We show that the games without a strict Nash equilibrium have a unique vN&M ...
To appove or not to approve: this is not the only question
(2012)
This paper deals with electing candidates. In elections voters are frequently offered
a small set of actions (voting in favor of one candidate, voting blank, spoiling the
ballot, and not showing up). Thus voters can ...
Learning in Network Games
(Departamento de Fundamentos dle Análisis Económico I, 2012-11-23)
We report the findings of an experiment designed to study how people learn and make decisions in network games. Network games offer new opportunities to identify learning rules, since
on networks (compared to e.g. random ...
Two-part tariff licensing mechanisms
(Departamento de Fundamentos del Análisis Económico I, UPV-EHU, 2012-06)
Most of the patent licensing agreements that are observed include royalties,
in particular per-unit or ad valorem royalties. This paper shows that in a differ
entiated duopoly that competes á la Cournot the optimal ...
Asymmetric flow networks
(Departamento de Fundamentos del Análisis Económico I, UPV-EHU, 2012-06-22)
This paper provides a new model of network formation that bridges the gap
between the two benchmark models by Bala and Goyal, the one-way flow model,
and the two-way flow model, and includes both as particular extreme ...