Zobrazeno 1 - 10
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pro vyhledávání: '"Mitri Kitti"'
Autor:
Mitri Kitti, Kimmo Berg
Publikováno v:
Discrete Applied Mathematics. 260:1-27
This paper characterizes the subgame-perfect pure-strategy equilibrium paths in discounted supergames with perfect monitoring. It is shown that all the equilibrium paths are composed of fragments called elementary subpaths. This characterization resu
Autor:
Mitri Kitti
Publikováno v:
Journal of Mathematical Analysis and Applications. 435:253-266
This paper considers policies and payoffs corresponding to subgame perfect equilibrium strategies in discounted stochastic games with finitely many states. It is shown that a policy is induced by an equilibrium strategy if and only if it can be suppo
Autor:
Mitri Kitti
Publikováno v:
SSRN Electronic Journal.
This paper studies mechanisms for allocating rights to forge new blocks on a blockchain. The proof of work contest (PoW) where all block generators, or miners, compete for finding the next block is characterized. The central feature of the PoW contes
Autor:
Mitri Kitti
Publikováno v:
Social Choice and Welfare. 46:639-653
Techniques based on using principal eigenvectors of matrices representing binary relations of sets of alternatives are commonly used in social sciences, bibliometrics, and web search engines. In most applications the binary relations can be represent
Autor:
Mitri Kitti
Publikováno v:
Natural Resource Modeling. 27:519-547
A criterion commonly used to determine economic sustainability posits that the discounted welfare should not decrease over time. Resource management problems involving fluctuating stocks may be exacerbated by a lack of sustainable policies unless som
Autor:
Mitri Kitti
Publikováno v:
Mathematical Methods of Operations Research. 78:77-100
This paper introduces conditional Markov strategies in discrete-time discounted dynamic games with perfect monitoring. These are strategies in which players follow Markov policies after all histories. Policies induced by conditional Markov equilibria
Autor:
Kimmo Berg, Mitri Kitti
Publikováno v:
Computational Economics. 41:71-88
This article examines the subgame perfect pure strategy equilibrium paths and payoff sets of discounted supergames with perfect monitoring. The main contribution is to provide methods for computing and tools for analyzing the equilibrium paths and pa
Autor:
Mitri Kitti
Publikováno v:
Dynamic Games and Applications. 1:514-533
This paper introduces simple conditionally stationary strategies and related stationary penal codes for dynamic games with perfect monitoring. The class of equilibria that these strategies support is defined—they are called conditionally stationary
Autor:
Mitri Kitti
Publikováno v:
Journal of Economic Dynamics and Control. 34:1077-1091
This paper presents global convergence conditions for a non-normalized fixed-point iteration in computing the equilibria of exchange economies. The usual conditions for the stability of Walras’ tâtonnement are obtained as a limiting case from thes
Publikováno v:
European Journal of Operational Research. 201:259-266
We examine a contracting problem with asymmetric information in a monopoly pricing setting. Traditionally, the problem is modeled as a one-period Bayesian game, where the incomplete information about the buyers’ preferences is handled with some sub