Attainment of equilibrium via Marshallian path adjustment: queueing and buyer determinism

DOI10.1016/J.GEB.2020.11.001zbMATH Open1458.91099OpenAlexW3099545972MaRDI QIDQ1995463FDOQ1995463

Duncan James, Sean M. Collins, Maroš Servátka, Radovan Vadovič

Publication date: 23 February 2021

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://mpra.ub.uni-muenchen.de/104151/1/MPRA_paper_104103.pdf

zbMATH Keywords

equilibrationposted offermarket entry gameadvance productionMarshallian path adjustment

Mathematics Subject Classification ID

Applications of game theory (91A80) Auctions, bargaining, bidding and selling, and other market models (91B26)

Cites Work

• Title not available (Why is that?)
• Reexamination of the perfectness concept for equilibrium points in extensive games
• A tractable model of reciprocity and fairness
• The Stability of Edgeworth's Recontracting Process
• Price Formation in Single Call Markets
• A Theorem on Non-Tatonnement Stability
• Price Duopoly and Capacity Constraints
• Learning, information, and sorting in market entry games: theory and evidence
• Rationing rules and Bertrand-Edgeworth equilibria in large markets
• From imitation to collusion: long-run learning in a low-information environment
• Some factors affecting demand withholding in posted-offer markets
• Price-setting and attainment of equilibrium: posted offers versus an administered price
• The High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response *

Uses Software

• Z-Tree
• ORSEE

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