Entrepreneurs are turning to crowdfunding as a way to finance their creative ideas.
Crowdfunding involves relatively small contributions of many consumer-investors over a …

We investigate the use of standard statistical models for quantal choice in a game theoretic
setting. Players choose strategies based on relative expected utility and assume other …

The first unified and systematic treatment of the modern theory of bargaining, presented
together with many examples of how that theory is applied in a variety of bargaining …

A model for strategic negotiation for intelligent agents. As computers advance from isolated
workstations to linked elements in complex communities of systems and people, cooperation …

Many decisions in economics and finance have to be made under severe time pressure.
Furthermore, payoffs frequently depend on the speed of decision-making, as, for instance …

In second price Internet auctions with a fixed end time, such as those on eBay, many bidders
submit their bids in the closing minutes or seconds of an auction. We propose an internet …

Before the opening of the Paris Bourse, traders place orders and indicative prices are set.
This offers a laboratory to study empirically the tâtonnement process through which markets …

In many business transactions, labor-management relations, international conflicts, and
welfare-state reforms, bargainers hold strong entitlements that are often generated by claims …

With an increasing number of applications in the context of multi-agent systems, automated
negotiation is a rapidly growing area. Written by top researchers in the field, this state-of-the …

Quantal Response Equilibrium presents a stochastic theory of games that unites
probabilistic choice models developed in psychology and statistics with the Nash …