This paper characterizes the equilibrium sets of an intrinsic common agency game with direct exter-nalities between principals both under complete and asymmetric information. Direct externalities arise when the contracting variable of one principal affects directly the other principal’s payoff. Out-ofequilibrium messages are used by principals to precommit themselves to distort their strategic ...

We present a new model of incomplete information games without private information in which the players use a distributionally robust optimization approach to cope with the payoff uncertainty. With some specific restrictions, we show that our “Distributionally Robust Game” constitutes a true generalization of three popular finite games. These are the Complete Information Games, Bayesian Games a...

A model of stochastic games where multiple controllers jointly control the evolution of the state of a dynamic system but have access to different information about the state and action processes is considered. The asymmetry of information among the controllers makes it difficult to compute or characterize Nash equilibria. Using common information among the controllers, the game with asymmetric...

This letter investigates the problem of distributed channel selection in cognitive radio ad hoc networks (CRAHNs) with heterogeneous spectrum opportunities. Firstly, we formulate this problem as a local congestion game, which is proved to be an exact potential game. Then, we propose a spatial best response dynamic (SBRD) to rapidly achieve Nash equilibrium via local information exchange. Moreov...

The market of digital educational resources and, in particular, online courses for the higher education system is actively developing. A significant role creating a high-quality competitive course played by organizational and legal interaction between authors university. This research article aims at developing game-theoretical model participants process order to identify optimal (mutually bene...

A general model of dynamic common agency with symmetric information is considered. The set of truthful Markov perfect equilibrium payoffs is characterized and the efficiency properties of the equilibria are established. A condition for the uniqueness of equilibrium payoffs is derived for the static and the dynamic game. The payoff is unique if and only if the payoff of each principal coincides ...

in this paper, we use game theory to describe the emergence of self-organization and consequent pattern formation through communicative cooperation in bacillus subtilis colonies. the emergence of cooperative regime is modelled as an n-player assurance game, with the bacterial colonies as individual players. the game is played iteratively through cooperative communication, and mediated by exchan...

duopoly game theory is applied to the wood industrial markets (sawnwood and pulpwood markets) in the north of iran. the nash equilibrium and the dynamic properties of the system based on marginal adjustments are determined. the probability that the nash equilibrium will be reached is almost zero. the dynamical properties of sawnwood and pulpwood prices derived via the duopoly game model are fou...