Zobrazeno 1 - 10
of 4 761
pro vyhledávání: '"theoretical economics"'
A researcher allocates a budget of informative tests across multiple unknown attributes to influence a decision-maker. We derive the researcher's equilibrium learning strategy by solving an auxiliary single-player problem. The attribute weights in th
Externí odkaz:
http://arxiv.org/abs/2412.10024
Autor:
Jehiel, Philippe, Satpathy, Aviman
We introduce the Coarse Payoff-Assessment Learning (CPAL) model, which captures reinforcement learning by boundedly rational decision-makers who focus on the aggregate outcomes of choosing among exogenously defined clusters of alternatives (similarit
Externí odkaz:
http://arxiv.org/abs/2412.09321
Autor:
Goswami, Mridu Prabal
We consider an economic environment where a seller wants to sell an indivisible unit of good to a buyer. We show that revenue from any strategy-proof and individually rational mechanism defined on closed intervals of rich single crossing domains cons
Externí odkaz:
http://arxiv.org/abs/2412.08342
This paper develops a theory of competitive equilibrium with indivisible goods based entirely on economic conditions on demand. The key idea is to analyze complementarity and substitutability between bundles of goods, rather than merely between goods
Externí odkaz:
http://arxiv.org/abs/2412.07946
We consider a group of agents who can each take an irreversible costly action whose payoff depends on an unknown state. Agents learn about the state from private signals, as well as from past actions of their social network neighbors, which creates a
Externí odkaz:
http://arxiv.org/abs/2412.07061
We consider the following Colonel Blotto game between parties $P_1$ and $P_A.$ $P_1$ deploys a non negative number of troops across $J$ battlefields, while $P_A$ chooses $K,$ $K < J,$ battlefields to remove all of $P_1$'s troops from the chosen battl
Externí odkaz:
http://arxiv.org/abs/2412.06222
Precise description of population game dynamics introduced by revision protocols - an economic model describing the agent's propensity to switch to a better-performing strategy - is of importance in economics and social sciences in general. In this s
Externí odkaz:
http://arxiv.org/abs/2412.06037
Autor:
Kornbluth, Daniel, Kushnir, Alexey
Prevailing methods of course allocation at undergraduate institutions involve reserving seats to give priority to designated groups of students. We introduce a competitive equilibrium-based mechanism that assigns course seats using student preference
Externí odkaz:
http://arxiv.org/abs/2412.05691
Autor:
Turansick, Christopher
We study a dynamic random utility model that allows for consumption dependence. We axiomatically analyze this model and find insights that allow us to distinguish between behavior that arises due to consumption dependence and behavior that arises due
Externí odkaz:
http://arxiv.org/abs/2412.05344
Autor:
Sudano, Ester
We model stochastic choices with categorization, resulting from the preliminary step of grouping alternatives in homogenous disjoint classes. The agent randomly chooses one class among those available, then randomly picks an item within the selected
Externí odkaz:
http://arxiv.org/abs/2412.03554