haku: @indexterm Rationality / yhteensä: 141
viite: 104 / 141
| Tekijä: | Friedman, E. J. |
| Otsikko: | Dynamics and rationality in ordered externality games |
| Lehti: | Games and Economic Behavior
1996 : SEP, VOL. 16:1, p. 65-76 |
| Asiasana: | GAMES RATIONALITY COST EFFECTIVENESS |
| Kieli: | eng |
| Tiivistelmä: | We describe a class of games in which the players' payoffs depend only on their own play and as externality, which we call ordered externality games (OEGs). These include service facilities with customer self-selection and cost-sharing games. We then analyze the dynamics of these games assuming best-reply (Cournot) dynamics. Finally, we prove that any OEG which is convergent under best-reply dynamics is also convergent under adaptive learning. This allows us to compute the convergence properties of an OEG easily. |
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