Dynamic beauty contests: Learning from the winners to win?

DOI10.1007/S00712-017-0530-ZMaRDI QIDQ1650982zbMATH OpenOpenAlexFDO

Authors Ming Yi

Publication date 16 July 2018

Published in Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00712-017-0530-z

zbMATH Keywords

public signalbeauty-contest gameMiss Korea pageantwinner's action

Mathematics Subject Classification ID

Dynamic games (91A25) Signaling and communication in game theory (91A28)

Recommendations

• Experimental `beauty contests' with homogeneous and heterogeneous players and with interior and boundary equilibria
• The two-person beauty contest
• The predominant role of signal precision in experimental beauty contests
• Revealing the depth of reasoning in p-beauty contest games
• Modifying Variability and Correlations in Winner-Take-All Contests

Cites work

• Does One Soros Make a Difference? A Theory of Currency Crises with Large and Small Traders
• Efficient Use of Information and Social�Value�of�Information
• Learning from private and public observations of others' actions
• Principal component analysis.
• The General Theory of Employment, Interest, and Money
• The law of large numbers with a continuum of i.i.d. random variables

Cited in

(1)

• Inspired and inspiring: Hervé Moulin and the discovery of the beauty contest game

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