Equilibrium Predictions in Sequential and Simultaneous Contests
New Hampshire Effect: Behavior in Sequential and Simultaneous Election Contests
... Abstract Sequential contests are predicted to induce lower expenditure than simultaneous ...three-battle contests shows that sequential contests generate significantly higher ...
36
New Hampshire Effect: Behavior in Sequential and Simultaneous Multi Battle Contests
... that sequential contests induce higher expenditure (and thus more inefficiency) than simultaneous contests is both interesting and ...on sequential and simultaneous voting ...
44
An Experimental Study of Incentive Reversal in Sequential and Simultaneous Games
... an equilibrium between the subgames of the two agents’ games shows the exertion of effort for low rewards, and it is only the second agent who exerts effort in the case of high ...of simultaneous games, all ...
20
Contests with draws : axiomatization and equilibrium.
... prize contests with multiple draws that can occur across different subsets of the set of ...multi-prize contests introduced in Clark and Riis (1996) and axiomatized in Lu and Wang ...a sequential ...
35
Sequential choice of sharing rules in collective contests
... unique equilibrium of the game with an endogenous choice of the timing structure gives the leadership to the small group whenever both groups are ...a simultaneous to a sequential timing may reverse ...
34
Cheap talk with simultaneous versus sequential messages
... ical predictions for truth-telling, non-conflicting messages observed and trust frequencies are the same for both the simultaneous and sequential plays; however, we observe system- atic differences ...
39
Asymmetric Payoffs in Simultaneous and Sequential Prisoner's Dilemma Games
... before, sequential play of a prisoner’s dilemma generally results in a higher rate of cooperation as compared to simultaneous ...with predictions based on formal models of other-regarding preferences ...
33
Experimental Examination of Behavior in a Sequential versus Simultaneous Trust Game
... Next let us examine what happens in the simultaneous game where t is not observed. Both players will face some uncertainty about their respective beliefs. Player B bases her decision on her own guess of A's ...
7
Adverse Selection in the Annuity Market with Sequential and Simultaneous Insurance Demand
... This is no longer true if asymmetric information, where the rates of return are distorted by adverse selection, is introduced in our model. Then, under the assumption of price competition between annuity companies, the ...
39
Adverse selection in the annuity market with sequential and simultaneous insurance demand
... the sequential regime represents an equilibrium, the observed fact, mentioned in the introduction, that time-limited contracts make up only a small share of all actually purchased annuities adds another ...
32
Mixed Strategies in Simultaneous and Sequential Play of a 2 Player Game
... hybrid equilibrium has the leader playing a mixed strategy but the follower playing a pure ...With simultaneous play there is only a mixed strategy Nash equilibrium with random cheating in reports ...
15
Prediction Markets for Machine Learning: Equilibrium Behaviour through Sequential Markets
... expert predictions via the market ...the equilibrium analysis of such markets, there is less of an understanding of what the instantaneous price in sequentially traded markets ...an equilibrium ...
108
Unique equilibrium in contests with incomplete information
... Nash equilibrium exists in a large class of incomplete-information contests, provided that no player ever deems it possi- ble being the only one with a positive budget in a state where the technology of ...
30
Sequential vs Simultaneous Trust
... Laboratory experiments are a powerful tool for comparing and evaluating the performance of institutions, studying their allocative and distributive proper- ties, and exploring their behavioral limitations (Smith, 1982 ...
29
Equilibrium Predictions in Wholesale Electricity Markets
... cap. Equilibrium bidding involves mixed strategies in which each firm bids either low or high with specific ...The equilibrium probability that the price is high depends on the supply margin, the difference ...
28
Sequential correlated equilibrium in stopping games
... School of Mathematical Sciences, Tel-Aviv University. 10 June 2009[r] ...
36
Complete Sequential Equilibrium and Its Alternative
... the sequential rationality requires, responding to the other players’ strategies i , each player i to play her best response i , which induces the greatest expected utility conditional on reaching a class of ...
26
Equilibrium Price Dispersion with Sequential Search
... price equilibrium is where all firms charge the monopoly ...The equilibrium is shown to display price dispersion, in fact no two firms charge the same price with positive ...effect equilibrium prices ...
33
A comparison of simultaneous and sequential brightness judgements
... For simultaneous evaluations the ipRGC is stimulated by the mixed SPD of the two light sources, and pupil size is modified to an arbitrary mid-way diameter between the diameters it would adopt if stimulated by the ...
23
An equilibrium analysis of the simultaneous ascending auction
... Bayes-Nash equilibrium analysis of the exposure problem in the ...of equilibrium bidding in this setting, which enables us to quantify the effects of the exposure problem on efficiency and ...
31