Constraints in Repeated Games

Feb 12, 2013

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Rational Learning Leads to Nash Equilibrium. ?so what is rational learning?. Kalai

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Constraints in Repeated Games

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Price-Fixing and Repeated Games

Price-Fixing and Repeated Games. Collusion and cartels. What is a cartel? attempt to enforce market discipline and reduce competition between a group of suppliers cartel members agree to coordinate their actions prices market shares exclusive territories

791 views • 36 slides

Repeated Games and the Prisoner’s Dilemma

Repeated Games and the Prisoner’s Dilemma. Prisoner’s dilemma What if the game is played “repeatedly” for several periods?. Tainan Hotel and Shangri-La Hotel For a cooperative agreement 3 or more months, to defect seems not profitable for each player. How should player react seeing this fact?.

291 views • 9 slides

Signaling and Reputation in Repeated Games

Signaling and Reputation in Repeated Games. Charles Roddie Nuffield College, Oxford. What is reputation?. Link between what an agent has done in past and what he is expected to do in future Two approaches: Exact Do x repeatedly to establish reputation for x

470 views • 27 slides

Punishment, Detection, and Forgiveness in Repeated Games

Punishment, Detection, and Forgiveness in Repeated Games. The Stage Game. Prisoners’ dilemma structure applies in many situations Lovers or roommates Colluding oligopolists Arms control agreements Common-pool resources Cooperating vampire bats …many more.

326 views • 19 slides

Punishment and Forgiveness in Repeated Games

Punishment and Forgiveness in Repeated Games. A review of present values. Calculating sums. In a repeated game, with probability d of continuation after each round, the probability that the game is still going at round k is d k-1 Calculate expected winnings if you receive

446 views • 31 slides

A Lyapunov Optimization Approach to Repeated Stochastic Games

A Lyapunov Optimization Approach to Repeated Stochastic Games. Player 3. Player 1. Player 4. Game manager. Player 5. Player 2. Michael J. Neely University of Southern California http://www-bcf.usc.edu/~mjneely.

417 views • 21 slides

Evolution and Repeated Games

Evolution and Repeated Games. D. Fudenberg (Harvard) E. Maskin (IAS, Princeton). Theory of repeated games important central model for explaining how self-interested agents can cooperate used in economics, biology, political science and other fields. But theory has a serious flaw:

488 views • 33 slides

Multi agent social learning in large repeated games

Multi agent social learning in large repeated games. Jean Oh. Motivation. Approach. Theoretical. Empirical. Conclusion. far. “Discovery of strategies that support mutually desirable outcomes”. Selfish solutions can be suboptimal. If short-sighted,.

443 views • 31 slides

Multi agent social learning in large repeated games

Multi agent social learning in large repeated games. Jean Oh. Motivation. Approach. Theoretical. Empirical. Conclusion. far. Selfish solutions can be suboptimal. If short-sighted,. Individual objective: to minimize cost. agent 2. agent 1. agent n.

380 views • 30 slides

The Role of Commitments in Repeated Games

The Role of Commitments in Repeated Games. Ignacio García-Jurado Julio González-Díaz. Universidad de Santiago de Compostela. Some preliminary comments. This lecture is connected with the paper:

271 views • 17 slides

Repeated Games

Repeated Games. APEC 8205: Applied Game Theory Fall 2007. Objectives. Understand the Class of Repeated Games Understand Conditions Under Which Non-Nash Play Can be Sustained as a Subgame Perfect Nash Equilibrium when a Game is Repeated Multiple Nash Equilibria Infinite Repetition.

524 views • 33 slides

Game Theory Sequential bargaining and Repeated Games

Game Theory Sequential bargaining and Repeated Games. Univ. Prof.dr. M.C.W. Janssen University of Vienna Winter semester 2010-11 Week 46 (November 14-15). Sequential Bargaining. Ultimatum game is a sequential bargaining game with one round. SPE we know

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Attainability in Repeated Games with Vector Payoffs

Attainability in Repeated Games with Vector Payoffs. Eilon Solan Tel Aviv University. Joint with: Dario Bauso, University of Palermo Ehud Lehrer, Tel Aviv University. Two players play a repeated game with vector payoffs which are d -dimensional.

107 views • 9 slides

TOPIC 6 REPEATED GAMES

TOPIC 6 REPEATED GAMES. The same players play the same game G period after period. Before playing in one period they perfectly observe the actions chosen in the previous periods. ( perfect observability). G is the stage-game (or constituent game).

159 views • 14 slides

Repeated Games

Prerequisites. Almost essential Game Theory: Dynamic. Repeated Games. MICROECONOMICS Principles and Analysis Frank Cowell. January 2007. Overview. Repeated Games. Basic structure. Embedding the game in context…. Equilibrium issues. Applications. Introduction.

345 views • 32 slides

Repeated games

Repeated games. Vincent Conitzer conitzer@cs.duke.edu. Repeated games. In a (typical) repeated game, players play a normal-form game (aka. the stage game ), then they see what happened (and get the utilities), then they play again, etc.

173 views • 15 slides

CPS 296.1 Repeated games

CPS 296.1 Repeated games. Vincent Conitzer conitzer@cs.duke.edu. Repeated games. In a (typical) repeated game, players play a normal-form game (aka. the stage game ), then they see what happened (and get the utilities), then they play again, etc.

166 views • 15 slides

Repeated & stochastic games

Repeated & stochastic games. Vincent Conitzer conitzer@cs.duke.edu. Repeated games. In a (typical) repeated game, players play a normal-form game (aka. the stage game ), then they see what happened (and get the utilities), then they play again, etc.

181 views • 14 slides

Evolution and Repeated Games

345 views • 33 slides

More Related

Constraints in Repeated Games

Constraints in Repeated Games

Presentation Transcript

Price-Fixing and Repeated Games

Repeated Games and the Prisoner’s Dilemma

Signaling and Reputation in Repeated Games

Punishment, Detection, and Forgiveness in Repeated Games

Punishment and Forgiveness in Repeated Games

A Lyapunov Optimization Approach to Repeated Stochastic Games

Evolution and Repeated Games

Multi agent social learning in large repeated games

Multi agent social learning in large repeated games

The Role of Commitments in Repeated Games

Repeated Games

Game Theory Sequential bargaining and Repeated Games

Attainability in Repeated Games with Vector Payoffs

TOPIC 6 REPEATED GAMES

Repeated Games

Repeated games

CPS 296.1 Repeated games

Repeated &amp; stochastic games

Evolution and Repeated Games

Repeated & stochastic games