ENDOGENOUS TIMING IN 2-PLAYER GAMES - A COUNTEREXAMPLE

被引:33
作者
AMIR, R [1 ]
机构
[1] WZB,BERLIN,GERMANY
关键词
D O I
10.1006/game.1995.1018
中图分类号
F [经济];
学科分类号
02 ;
摘要
This note relates to the study of Hamilton and Slutsky ((1990) Games Econ. Behav. 2, 29-46) on endogenous timing (with observable delay). It shows, via counterexample, that monotonicity of the best-reponse functions in a two-player game is not sufficient to derive predictions about the order of moves. Rather, this requires, additionally, the monotonicity of each payoff in the other player's actions. Journal of Economic Literature Classification Numbers: C72, L10. (C) 1995 Academic Press, Inc.
引用
收藏
页码:234 / 237
页数:4
相关论文
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  • [1] Hamilton J. H., 1990, Games and Economic Behavior, V2, P29, DOI 10.1016/0899-8256(90)90012-J