Presentation 1998/1/23
WTP game : Toward understanding imperfect markets.
Tatsuhiro Shichijo, Takuya Kura,
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Abstract(in English) We considered the games in which two players contest for an indivisible resource, and assumed that, in the games, the player whose willingness to pay for the resource is higher than the other's win the game. These games are classified by the costs that the players actually pay into the following four games: (1) Sunk Cost game, (2) Tender game, (3) War of attrition game (4) Auction game. We studied equilibria and discussed that what game we should employ as an institution in order to avoid struggles.
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Keyword(in English) evolutionary game theory / continuous game / ESS / simulation / auction
Paper # AI97-72
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Committee AI
Conference Date 1998/1/23(1days)
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Registration To Artificial Intelligence and Knowledge-Based Processing (AI)
Language JPN
Title (in Japanese) (See Japanese page)
Sub Title (in Japanese) (See Japanese page)
Title (in English) WTP game : Toward understanding imperfect markets.
Sub Title (in English)
Keyword(1) evolutionary game theory
Keyword(2) continuous game
Keyword(3) ESS
Keyword(4) simulation
Keyword(5) auction
1st Author's Name Tatsuhiro Shichijo
1st Author's Affiliation Graduate School of Human and Environmental Studies, Kyoto University()
2nd Author's Name Takuya Kura
2nd Author's Affiliation Department of Zoology, Faculty of Science Kyoto University
Date 1998/1/23
Paper # AI97-72
Volume (vol) vol.97
Number (no) 499
Page pp.pp.-
#Pages 8
Date of Issue