Who goes first? Strategic Delay and Learning by Waiting

التفاصيل البيبلوغرافية
العنوان: Who goes first? Strategic Delay and Learning by Waiting
المؤلفون: Wagner, Peter
سنة النشر: 2015
المجموعة: Open Access LMU (Ludwig-Maximilians-University Munich)
مصطلحات موضوعية: Munich Discussion Papers in Economics, Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, ddc:330
الوصف: This paper considers a "war of attrition" game in which agents learn about an uncertain state of the world through private signals and from their peers. I provide existence and uniqueness results for a class of equilibria that satisfy a "full-participation" condition, and show that asymmetries in the distribution of information can lead to excessive stopping and an oversupply of information relative to the social optimum.
نوع الوثيقة: report
وصف الملف: application/pdf
اللغة: English
العلاقة: Wagner, Peter (4. Mai 2015): Who goes first? Strategic Delay and Learning by Waiting. SFB/TR 15 Discussion Paper No. 500 [PDF, 330kB]; https://epub.ub.uni-muenchen.de/24764/1/500.pdfTest; http://nbn-resolving.de/urn:nbn:de:bvb:19-epub-24764-2Test; https://epub.ub.uni-muenchen.de/24764Test/
DOI: 10.5282/ubm/epub.24764
الإتاحة: https://doi.org/10.5282/ubm/epub.24764Test
https://epub.ub.uni-muenchen.de/24764/1/500.pdfTest
https://epub.ub.uni-muenchen.de/24764Test/
http://nbn-resolving.de/urn:nbn:de:bvb:19-epub-24764-2Test
رقم الانضمام: edsbas.8B42CA3D
قاعدة البيانات: BASE