Ex-post regret heuristics under private values. I: Fixed and random matching

DOI10.1016/J.JMATECO.2014.06.006MaRDI QIDQ462863zbMATH OpenOpenAlexFDO

Authors Rene Saran, Roberto Serrano

Publication date 22 October 2014

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

Full work available at URL https://doi.org/10.1016/j.jmateco.2014.06.006

zbMATH Keywords

incomplete informationBertrand duopolyex-post regret heuristicsfirst-price and second-price auctionsfixed and random matchingminimax regret equilibrium

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Other game-theoretic models (91A40) Special types of economic markets (including Cournot, Bertrand) (91B54) Rationality and learning in game theory (91A26) Matching models (91B68)

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Cites work

• scientific article; zbMATH DE number 1233801 (Why is no real title available?)
• A learning approach to auctions
• Adaptive Heuristics
• Encyclopedia of Complexity and Systems Science
• Evolution in Bayesian games. I: Theory
• Evolutionary Selection in Normal-Form Games
• Evolutionary stability in first price auctions
• Ex-post regret heuristics under private values. II: \(2 \times 2\) games
• Learning to play Bayesian games.
• Learning, Mutation, and Long Run Equilibria in Games
• Minimax-regret strategies for bargaining over several variables
• Regret matching with finite memory
• Strategy subsets closed under rational behavior
• The Evolution of Conventions
• The Theory of Statistical Decision
• The evolution of conventions under incomplete information

Cited in

(8)

• Ex post regret and the decentralized sharing of information
• An indirect evolutionary justification of risk neutral bidding in fair division games
• Do people minimize regret in strategic situations? A level-k comparison
• Ex-post regret heuristics under private values. II: \(2 \times 2\) games
• Does regret matter in first-price auctions?
• Two ``little treasure games driven by unconditional regret
• Merger negotiations and ex-post regret
• Believing in correlated types in spite of independence: an indirect evolutionary analysis

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