The expected externality mechanism in a level-k environment
نویسندگان
چکیده
منابع مشابه
The expected externality mechanism in a level-k environment
Mechanism design theory strongly relies on the concept of Nash equilibrium. However, studies of experimental games show that Nash equilibria are rarely played and that subjects may be thinking only a finite number of iterations. We study one of the most influential benchmarks of mechanism design theory, the expected externality mechanism (D’Aspremont, GerardVaret, 1979) in a finite-depth enviro...
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ژورنال
عنوان ژورنال: International Journal of Game Theory
سال: 2017
ISSN: 0020-7276,1432-1270
DOI: 10.1007/s00182-017-0579-5