Revealed Preference in Game Theory
نویسندگان
چکیده
I characterize joint choice behavior generated by the pure strategy Nash equilibrium solution concept by an extension of the Congruence Axiom of Richter(1966) to multiple agents. At the same time, I relax the “complete domain” assumption of Yanovskaya(1980) and Sprumont(2000) to “closed domain.” Without any restrictions on the domain of the choice correspondence, determining pure strategy Nash rationalizability is computationally very complex. Specifically, it is NP–complete even if there are only two players. In contrast, the analogous problem with a single decision maker can be determined in polynomial time.
منابع مشابه
A Welfare Analysis of Wheat Self-Sufficiency Policy and the Influence on the Barley Market in Iran: A Game Theory Approach
ABSTRACT- Iran achieved its self-sufficiency goal in wheat production a few years ago, perhaps at the expense of decreasing the production of other grains specially barley as stated by critics in the country. Considering the dependency of wheat and barley markets on each other, policy preference functions were estimated separately for each market. Incorporating political weights, a game theory ...
متن کاملInvestigation of Game Between Cells in Occurrence of Genetic Mutations Using Evolutionary Game Theory
In this paper, two games that play a role in creating a cancer tumor and suppression are studied using evolutionary game theory and its different modes are analyzed. The first game is the competition between a cancer cell and a healthy cell to receive food through the blood. In the second game, the interaction between the two oncogenes Ras and Myc is examined for cellular deformation
متن کاملMisconceptions and Game Form Recognition: Challenges to Theories of Revealed Preference and Framing
This study explores the tension between the standard economic theory of preference and non-standard theories of preference that are motivated by an underlying theory of framing. A simple experiment was performed to measure a known preference, the value of a card that can be exchanged for $2 cash. The measurement does not produce the known preference and instead reports a preference that has pro...
متن کاملMulti Responses Optimization Through Game Theory Approach
In this paper, a new approach based on game theory has been proposed to multi responses problem optimization. Game theory is a useful tool for decision making in the conflict of interests between intelligent players in order to select the best joint strategy for them through selecting the best joint desirability. Present research uses the game theory approach via definition of each response as ...
متن کاملA New Method in Bankruptcy Assessment Using DEA Game Theory
One of the most important economic concepts is evaluation and bankruptcy prediction. Financial events, which an organization could be, exposed to serious risks and it goes bankruptcy. Therefore, prediction and assessment bankruptcy enable organizations that to be familiar the financial risks and resolve their financial deficiencies. So in this paper, we discuss one of the most important economi...
متن کاملCoupled coincidence point in ordered cone metric spaces with examples in game theory
In this paper, we prove some coupled coincidence point theorems for mappings with the mixed monotone property and obtain the uniqueness of this coincidence point. Then we providing useful examples in Nash equilibrium.
متن کامل