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Behavioral Properties of Correlated Equilibrium;Social Group Structures with Conformity and Stereotyping
(Vanderbilt University, 2008)
We explore the potential for correlated equilibrium to capture conformity to norms and the coordination of behavior within social groups. Given a partition of players into social groups we propose properties that one may ...
Conformity, Equity and Correlated Equilibrium
(Vanderbilt University, 2008)
We explore the potential for correlated equilibrium to capture conformity to norms and the coordination of behavior within social groups. Given a partition of players into social groups we propose three properties one may ...
A Revelation Principle for Dominant Strategy Implementation
(Vanderbilt University, 2008)
We introduce a perfect price discriminating (PPD) mechanism for allocation problems with private information. A PPD mechanism treats a seller, for example, as a perfect price discriminating monopolist who faces a price ...