The empirical analysis of discrete complete-information games has relied on behavioral restrictions in the form of solution concepts, such as Nash equilibrium. Choosing the right solution concept is c
ABSTRACT Based on the disaggregation of the private sector as an amplification of the well-known Barro & Gordon policy-game model, a coordination and/or cooperation problem of the price-setters in
A zero value indicates that reported solutions are indeed Nash equilibria of game . We report average values ± standard deviations and confidence limits of the mean also for modularity Q.
International climate cooperation needs to be negotiated among sovereign countries. The key to cooperation, and to countervail free riding, is reciprocity. Using game theory and a human subject experi
ABSTRACT Oil and gas resources have been considered valuable assets, associated with potential conflicts due to distinct interests of many agents involved in their exploration, such as producing and c
