Hostage posting is a mechanism of cooperation in social and economic relations with incentive problems. A game-theoretic model of hostage posting as a commitment device is presented. Cooperation via hostage posting is individually rational if it is supported by a subgame perfect equilibrium. Maximin properties of such equilibria are also considered. Predictions derived from the model were tested in several experiments. Results support the empirical significance of subgame perfect equilibria and of maximin-strategies. ‘The institution of hostages is an ancient technique that deserves to be studied by game theory, as does the practice of drinking wine from the same glass or of holding gang meetings in places so public that neither side could ...
The purpose of the paper is to concisely present basic applications of game theory models for a scie...
To ensure cooperation in the Prisoner’s Dilemma, individuals may require prior commitments from othe...
Game theory is a mathematical theory of conflict situations between rational decision-makers, whose ...
Hostage posting is a mechanism of cooperation in social and economic relations with incentive proble...
The well-known Prisoner's Dilemma is often used to model situations of social conflict between 2 or ...
We survey research on incurring commitments by voluntary hostage posting as a mechanism of cooperati...
This article takes a fresh look at hostage-taking from a game theoretic standpoint. A new model is d...
This paper talks about the short term and long-term terrorist and the scenario of hostage taking. It...
Abstract The Ultimatum Game is a key exemplar that shows how human play often deviates from “rationa...
Many conflicts and negotiations can be viewed as dynamic games in which parties have no commitment p...
This paper conceptualizes different grounds for collaborative decisions in order to forecast how dif...
Many conicts and negotiations can be viewed as a dynamic game, where parties have no commitment powe...
International audienceGame theory is a mathematical formalism dealing with problem of competition be...
This paper studies experimentally the conditions that improve bargaining power using threats in a ne...
The purpose of the paper is to concisely present basic applications of game theory models for a scie...
To ensure cooperation in the Prisoner’s Dilemma, individuals may require prior commitments from othe...
Game theory is a mathematical theory of conflict situations between rational decision-makers, whose ...
Hostage posting is a mechanism of cooperation in social and economic relations with incentive proble...
The well-known Prisoner's Dilemma is often used to model situations of social conflict between 2 or ...
We survey research on incurring commitments by voluntary hostage posting as a mechanism of cooperati...
This article takes a fresh look at hostage-taking from a game theoretic standpoint. A new model is d...
This paper talks about the short term and long-term terrorist and the scenario of hostage taking. It...
Abstract The Ultimatum Game is a key exemplar that shows how human play often deviates from “rationa...
Many conflicts and negotiations can be viewed as dynamic games in which parties have no commitment p...
This paper conceptualizes different grounds for collaborative decisions in order to forecast how dif...
Many conicts and negotiations can be viewed as a dynamic game, where parties have no commitment powe...
International audienceGame theory is a mathematical formalism dealing with problem of competition be...
This paper studies experimentally the conditions that improve bargaining power using threats in a ne...
The purpose of the paper is to concisely present basic applications of game theory models for a scie...
To ensure cooperation in the Prisoner’s Dilemma, individuals may require prior commitments from othe...
Game theory is a mathematical theory of conflict situations between rational decision-makers, whose ...