Suchergebnisse

Defence date: 23 March 2015 ; Examining Board: Professor Fernando Vega-Redondo, Supervisor, Bocconi University; Professor Piero Gottardi, EUI; Professor Paolo Pin, Università degli Studi di Siena; Professor Giovanni Ponti, Universidad de Alicante. ; My thesis covers different aspects of applied game theory. The first paper looks at a two-sided asymmetric information game where agents make a collaborative decision not knowing each others' types. In the model, an intermediary has full knowledge about the types of agents and can make a decision that brings information to some types. However, once he puts the information on the table the agents are not obliged to pay him, which undermines his incentive to participate in the first place. I find that, nevertheless, the intermediary is still welfare-improving. In my second chapter I search for the optimal prize schemes in contests with sabotage. In the presence of sabotage, a standard prize scheme where all of the prize is given to the winner is no longer optimal as it creates very high incentives for sabotage. I show that in that case, an optimal prize structure may also assume a positive reward for contestants that are behind. With a higher number of contestants sabotage becomes a public good and therefore it is a lesser concern for the designer. In that case, when sabotage is expensive, the designer can achieve the first best by giving the whole sum to the winner. When I extend the problem to the continuous case the solution crucially depends on the cost of sabotage. When sabotage is expensive, the principal wants to give all of the prize to the winner, while when it is cheap he does not want to make a contest at all, and distributes all prizes equally. In the third paper we analyze to what extent knowing game theory alters a persons' behavior. Our experiment showed a huge difference in results before and after the course. However results suggest that players behave less cooperatively not because of the knowledge of game theory per se, but due to changed expectations. We have also found that a course on game theory increases the level of reasoning.

Based on papers prepared for the Peace Research Seminar and the Symposium on Game Theory Models Applied to Case Studies of International Conflict, held in Ontario, June 11-13, 1984. Some consideration of the "prisoner's dilemma" game and tactics used in the negotiations concerning the release of US hostages from Iran in 1979-80.

Essays on Game Theory is a unique collection of seven of John Nash's essays which highlight his pioneering contribution to game theory in economics. Featuring a comprehensive introduction by Ken Binmore which explains and summarizes John Nash's achievements in the field of non-cooperative and cooperative game theory, this book will be an indispensable reference for scholars and will be welcomed by those with an interest in game theory and its applications to the social sciences