We introduce a form of pre-play communication that we call "preopening". During the preopening, players announce their tentative actions to be played in the underlying game. Announcements are made using a posting system which is subject to stochastic failures. Posted actions are publicly observable and players payo¤s only depend on the opening outcome, i.e. the action pro\u85le that is posted at the end of the preopening phase. We show that when the posting failures hit players idiosyncratically all equilibria of the preopening game lead to the same opening outcome that corresponds to the most "sensible " pure Nash equilibrium of the underlying game. By contrast preopening does not operate an equilibrium selection when p...
We address the coordination failures that arise in models with multiple equilibria and study how the...
This paper studies the role of preopening periods in financial markets. Because no transaction occur...
Thesis (Ph. D.)--Massachusetts Institute of Technology, Dept. of Economics, 2003.Includes bibliograp...
In this paper, the authors introduce a form of pre-play communication that we call "preopening". Dur...
Cahier de Recherche du Groupe HEC nº 927We introduce a form of pre-play communication that we call "...
We experimentally analyze how to design preopening mechanisms facilitating coordination on high equi...
This paper studies the problem of designing efficient trading mechanisms that are immune to pre-play...
We study games endowed with a pre-play phase in which players prepare the ac-tions that will be impl...
To Shoji Koizumi on the occasion of his 77th birthday ABSTRACT. A pre-play communication-process is ...
Abstract. We experimentally examine equilibrium selection concepts in static and dynamic binary choi...
The purpose of this paper is to present the pre-play communication-process leading to a Nash equilib...
This paper studies the problem of designing efficient trading mechanisms when players may engage in ...
This paper studies the effects of pre-play communication on equilibrium selection in 2-by-2 symmetri...
The communication revelation principle (RP) of mechanism design states that any outcome that can be ...
We study behavior and equilibrium selection in experimental network games. We varytwo important fact...
We address the coordination failures that arise in models with multiple equilibria and study how the...
This paper studies the role of preopening periods in financial markets. Because no transaction occur...
Thesis (Ph. D.)--Massachusetts Institute of Technology, Dept. of Economics, 2003.Includes bibliograp...
In this paper, the authors introduce a form of pre-play communication that we call "preopening". Dur...
Cahier de Recherche du Groupe HEC nº 927We introduce a form of pre-play communication that we call "...
We experimentally analyze how to design preopening mechanisms facilitating coordination on high equi...
This paper studies the problem of designing efficient trading mechanisms that are immune to pre-play...
We study games endowed with a pre-play phase in which players prepare the ac-tions that will be impl...
To Shoji Koizumi on the occasion of his 77th birthday ABSTRACT. A pre-play communication-process is ...
Abstract. We experimentally examine equilibrium selection concepts in static and dynamic binary choi...
The purpose of this paper is to present the pre-play communication-process leading to a Nash equilib...
This paper studies the problem of designing efficient trading mechanisms when players may engage in ...
This paper studies the effects of pre-play communication on equilibrium selection in 2-by-2 symmetri...
The communication revelation principle (RP) of mechanism design states that any outcome that can be ...
We study behavior and equilibrium selection in experimental network games. We varytwo important fact...
We address the coordination failures that arise in models with multiple equilibria and study how the...
This paper studies the role of preopening periods in financial markets. Because no transaction occur...
Thesis (Ph. D.)--Massachusetts Institute of Technology, Dept. of Economics, 2003.Includes bibliograp...