Sjaak Hurkens (Barcelona GSE) discusses Bayesian Nash Equilibrium in ''Linear'' Cournot Models with Private Information About Cost. ABSTRACT: Calculating explicit closed form solutions of Cournot ...
In this paper, I construct players' prior beliefs and show that these prior beliefs lead the players to learn to play an approximate Nash equilibrium uniformly in any infinitely repeated slightly ...
This is a preview. Log in through your library . Abstract We study games with intransitive preferences that admit skew-symmetric representations. We introduce the notion of surrogate better-reply ...
This course is compulsory on the MSc in Political Science and Political Economy. This course is available on the MSc in Public Administration and Government (LSE and Peking University) and MSc in ...
Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...
Assignment 2 (with soln) 09/27 Independence axiom; risk attitudes Assignment 3 (with soln) 10/04 Resolving Allais paradox; evolution of risk attitudes Assignment 4 (with soln) 10/11 Choice under risk; ...
This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. ECONOMISTS can usually explain the past ...