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Ambiguity and social interaction

Jürgen Eichberger, David Kelsey and Burkhard C. Schipper.

in Oxford Economic Papers

April 2009; p ublished online September 2008 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Welfare Economics; Information, Knowledge, and Uncertainy; Market Structure and Pricing. 9174 words.

A decision-maker is said to have an ambiguous belief if it is not precise enough to be represented by a single probability distribution. The pervasive assumption in game theoretic models in...

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Announcements as an equilibrium selection device

Nicola Acocella, Giovanni Di Bartolomeo, Andrew Hughes Hallett and Paolo G. Piacquadio.

in Oxford Economic Papers

January 2014; p ublished online April 2013 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Welfare Economics. 8179 words.

We address the coordination failures that arise in models with multiple equilibria and study how they may be resolved by reconsidering the role of cheap talk communication as an equilibrium...

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Arms Races and Negotiations

Sandeep Baliga and Tomas Sjöström.

in The Review of Economic Studies

April 2004; p ublished online April 2004 .

Journal Article. Subjects: Game Theory and Bargaining Theory; National Government Expenditures and Related Policies; Analysis of Collective Decision-making. 11574 words.

Two players simultaneously decide whether or not to acquire new weapons in an arms race game. Each player's type determines his propensity to arm. Types are private information, and are...

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Asymptotic Least Squares Estimators for Dynamic Games

Martin Pesendorfer and Philipp Schmidt-Dengler.

in The Review of Economic Studies

July 2008; p ublished online July 2008 .

Journal Article. Subjects: Econometric and Statistical Methods and Methodology: General; Game Theory and Bargaining Theory. 13483 words.

This paper considers the estimation problem in dynamic games with finite actions. we derive the equation system that characterizes the markovian equilibria. the equilibrium equation system...

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Auctions

in Game Theory

October 2007; p ublished online September 2013 .

Chapter. Subjects: Game Theory and Bargaining Theory. 4265 words.

‘Auctions’ examines the structure of auctions. Mechanism design allows principals to persuade their agents to behave in a certain way through regulations and incentives. Public asset...

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Bank Bailouts and Moral Hazard: Evidence from Germany

Lammertjan Dam and Michael Koetter.

in The Review of Financial Studies

August 2012; p ublished online April 2012 .

Journal Article. Subjects: Multiple or Simultaneous Equation Models; Multiple Variables; Game Theory and Bargaining Theory; Banking; Financial Regulation; Regulation and Industrial Policy. 16089 words.

We use a structural econometric model to provide empirical evidence that safety nets in the banking industry lead to additional risk taking. To identify the moral hazard effect of bailout...

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Bargaining and coalitions

in Game Theory

October 2007; p ublished online September 2013 .

Chapter. Subjects: Game Theory and Bargaining Theory. 5198 words.

‘Bargaining and coalitions’ investigates cooperative game theory. Cooperative game theory is not the antithesis of noncooperative game theory. It simply assumes that players have solutions...

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Bargaining and Reputation: An Experiment on Bargaining in the Presence of Behavioural Types

Matthew Embrey, Guillaume R. Fréchette and Steven F. Lehrer.

in The Review of Economic Studies

April 2015; p ublished online September 2014 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Design of Experiments; Information, Knowledge, and Uncertainy. 12742 words.

We conduct a series of laboratory experiments to understand what role commitment and reputation play in bargaining. The experiments implement the Abreu and Gul (2000) bargaining model that...

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Bargaining and Reputation in Search Markets

Alp E. Atakan and Mehmet Ekmekci.

in The Review of Economic Studies

January 2014; p ublished online August 2013 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Information, Knowledge, and Uncertainy. 17262 words.

This article considers a two-sided search market where firms and workers are paired to bargain over a unit surplus. The matching market serves as an endogenous outside option for the...

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Bargaining in Standing Committees with an Endogenous Default

Vincent Anesi and Daniel J. Seidmann.

in The Review of Economic Studies

July 2015; p ublished online March 2015 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Analysis of Collective Decision-making. 23652 words.

Committee voting has mostly been investigated from the perspective of the standard Baron–Ferejohn model of bargaining over the division of a pie, in which bargaining ends as soon as the...

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