scholarly journals A Computationally Efficient Characterization of Pure Strategy Nash Equilibria in Large Entry Games

2004 ◽  
Author(s):  
Andrew Milman Cohen

2021 ◽  
pp. 1-14
Author(s):  
Bruno Yun ◽  
Srdjan Vesic ◽  
Nir Oren

In this paper we describe an argumentation-based representation of normal form games, and demonstrate how argumentation can be used to compute pure strategy Nash equilibria. Our approach builds on Modgil’s Extended Argumentation Frameworks. We demonstrate its correctness, showprove several theoretical properties it satisfies, and outline how it can be used to explain why certain strategies are Nash equilibria to a non-expert human user.



2005 ◽  
Vol 50 (165) ◽  
pp. 121-144
Author(s):  
Bozo Stojanovic

Market processes can be analyzed by means of dynamic games. In a number of dynamic games multiple Nash equilibria appear. These equilibria often involve no credible threats the implementation of which is not in the interests of the players making them. The concept of sub game perfect equilibrium rules out these situations by stating that a reasonable solution to a game cannot involve players believing and acting upon noncredible threats or promises. A simple way of finding the sub game perfect Nash equilibrium of a dynamic game is by using the principle of backward induction. To explain how this equilibrium concept is applied, we analyze the dynamic entry games.





2014 ◽  
Vol 16 (03) ◽  
pp. 1450007
Author(s):  
BRANDON LEHR

This paper builds a model of efficiency wages with heterogeneous workers in the economy who differ with respect to their disutility of labor effort. In such an economy, two types of pure strategy symmetric Nash equilibria in firm wage offers can exist: a no-shirking equilibrium in which all workers exert effort while employed and a shirking equilibrium in which within each firm some workers exert effort while others shirk. The type of equilibrium that prevails in the economy depends crucially on the extent of heterogeneity among the workers and the equilibrium rate at which workers join firms from the unemployment pool.







2011 ◽  
Vol 214 (1) ◽  
pp. 91-98 ◽  
Author(s):  
J.M. Díaz-Báñez ◽  
M. Heredia ◽  
B. Pelegrín ◽  
P. Pérez-Lantero ◽  
I. Ventura




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