Sequential commitment games

Games and Economic Behavior, pp. 297-315, 2017.

Cited by: 0|Bibtex|Views1|DOI:https://doi.org/10.1016/j.geb.2017.08.009
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Abstract:

We consider an extensive-form game in which players have the option to commit to actions before the game is played. We focus on commitment procedures where players make voluntary irreversible commitments in a prescribed order over the decision nodes. We study whether such commitment procedures may lead to Pareto-efficient outcomes. Our ma...More

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