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ArtikelThe 1.5th Mover Advantage  
Oleh: Henkel, Joachim
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Rand Journal of Economics vol. 33 no. 1 (2002), page 156-170.
Topik: advantages; mover advantage
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: RR10.6
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelThere has been much discussion about the timing of moves in games. However, one assumption usually goes unquestioned, namely, that of an irrevocable commitment of the first mover. In many cases this is not realistic, since final commitments are often preceded by actions that are binding only to a limited degree : partial commitments. An example is the announcements of price changes. I analyze a game in which the degree of a partial commitment is endogenized. In the case of strategic complements, a player profitably makes use of the possibility to commit partly. She chooses a role somewhere between first and second mover, which gives her a 1.5th - mover advantage.
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