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6
votes
1answer
58 views
Invariance of strategy-proof social choice function when peaks are made close from solution
A question emerging from reading Schummer, J., & Vohra, R. V. (2002). Strategy-proof Location on a Network. Journal of Economic Theory, 104(2), 405–428.
The setting is as follows:
A finite set ...
2
votes
0answers
79 views
What is the (expected) outcome of this hybrid auction?
A certain hybrid auction can be accurately modelled as follows.
There are $n$ risk-neutral, rational participants $i=1,2,\ldots,n$, and a guy called Zerro: $i=0$.
Each, except Zerro, has a private ...
3
votes
2answers
293 views
Finding best response function with probabilities (BR) given a normal-matrix representation of the game
We are given players 1, 2 and their respective strategies (U, M, D for player 1, L, C, R for player 2) and the corresponding pay-offs through the following table:
$\begin{matrix}
1|2 & L & C ...
1
vote
2answers
46 views
Geometric series to calculate price
I decided to add my extension to this question as a new question here.
I am trying to represent the following as a geometric series equation:
...
0
votes
1answer
47 views
Compound discount
I am trying to construct an equation for calculating a price, that takes into account compound interest of 10%.
1 item = $10
2 items = $19
3 items = $27.1
so ...
