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Equilibria in a class of games and topological results implying their existence.

R.S. Simon, S. Spiez, H. Torunczyk (2008)

RACSAM

We survey results related to the problem of the existence of equilibria in some classes of infinitely repeated two-person games of incomplete information on one side, first considered by Aumann, Maschler and Stearns. We generalize this setting to a broader one of principal-agent problems. We also discuss topological results needed, presenting them dually (using cohomology in place of homology) and more systematically than in our earlier papers.

Equilibria in constrained concave bimatrix games

Wojciech Połowczuk, Tadeusz Radzik (2013)

Applicationes Mathematicae

We study a generalization of bimatrix games in which not all pairs of players' pure strategies are admissible. It is shown that under some additional convexity assumptions such games have equilibria of a very simple structure, consisting of two probability distributions with at most two-element supports. Next this result is used to get a theorem about the existence of Nash equilibria in bimatrix games with a possibility of payoffs equal to -∞. The first of these results is a discrete counterpart...

Equilibrium transitions in finite populations of players

J. Miękisz (2006)

Banach Center Publications

We discuss stochastic dynamics of finite populations of individuals playing symmetric games. We review recent results concerning the dependence of the long-run behavior of such systems on the number of players and the noise level. In the case of two-player games with two symmetric Nash equilibria, when the number of players increases, the population undergoes multiple transitions between its equilibria.

Estimating the supply chain efficiency loss when the seller has to estimate the buyer’s willingness to pay

Xavier Brusset (2014)

RAIRO - Operations Research - Recherche Opérationnelle

We study the pricing problem between two firms when the manufacturer’s willingness to pay (wtp) for the supplier’s good is not known by the latter. We demonstrate that it is in the interest of the manufacturer to hide this information from the supplier. The precision of the information available to the supplier modifies the rent distribution. The risk of opportunistic behaviour entails a loss of efficiency in the supply chain. The model is extended to the case of a supplier submitting offers to...

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