Strategic experimentation with asymmetric players
Author
Abstract
Suggested Citation
DOI: 10.1007/s00199-019-01193-9
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- repec:dau:papers:123456789/12074 is not listed on IDEAS
- Johannes Hoelzemann & Nicolas Klein, 2021.
"Bandits in the lab,"
Quantitative Economics, Econometric Society, vol. 12(3), pages 1021-1051, July.
- HOELZEMANN, Johannes & KLEIN, Nicolas, 2018. "Bandits in the Lab," Cahiers de recherche 2018-09, Universite de Montreal, Departement de sciences economiques.
- Johannes HOELZEMANN & Nicolas KLEIN, 2018. "Bandits in the Lab," Cahiers de recherche 12-2018, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Heidhues, Paul & Rady, Sven & Strack, Philipp, 2015.
"Strategic experimentation with private payoffs,"
Journal of Economic Theory, Elsevier, vol. 159(PA), pages 531-551.
- Heidhues, Paul & Rady, Sven & Strack, Philipp, 2012. "Strategic Experimentation with Private Payoffs," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 387, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Rady, Sven & Heidhues, Paul & Strack, Philipp, 2015. "Strategic Experimentation with Private Payoffs," CEPR Discussion Papers 10634, C.E.P.R. Discussion Papers.
- Klein, Nicolas, 2016. "The importance of being honest," Theoretical Economics, Econometric Society, vol. 11(3), September.
- , & ,, 2010.
"Strategic experimentation with Poisson bandits,"
Theoretical Economics, Econometric Society, vol. 5(2), May.
- Sven Rady & Godfrey Keller, 2007. "Strategic Experimentation with Poisson Bandits," 2007 Meeting Papers 332, Society for Economic Dynamics.
- Keller, Godfrey & Rady, Sven, 2009. "Strategic Experimentation with Poisson Bandits," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 260, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Keller, Godfrey & Rady, Sven, 2009. "Strategic Experimentation with Poisson Bandits," Discussion Papers in Economics 10575, University of Munich, Department of Economics.
- Rady, Sven & Keller, R Godfrey, 2009. "Strategic Experimentation with Poisson Bandits," CEPR Discussion Papers 7270, C.E.P.R. Discussion Papers.
- Godfrey Keller & Sven Rady & Martin Cripps, 2005.
"Strategic Experimentation with Exponential Bandits,"
Econometrica, Econometric Society, vol. 73(1), pages 39-68, January.
- Rady, Sven & Cripps, Martin William & Keller, R Godfrey, 2003. "Strategic Experimentation with Exponential Bandits," CEPR Discussion Papers 3814, C.E.P.R. Discussion Papers.
- Cripps, Martin & Keller, Godfrey & Rady, Sven, 2003. "Strategic Experimentation with Exponential Bandits," Discussion Papers in Economics 4, University of Munich, Department of Economics.
- Godfrey Keller & Martin Cripps & Olin School of Business & Washington University & Sven Rady & Department of Economics & University of Munich, 2003. "Strategic Experimentation with Exponential Bandits," Economics Series Working Papers 143, University of Oxford, Department of Economics.
- Dinah Rosenberg & Eilon Solan & Nicolas Vieille, 2007.
"Social Learning in One-Arm Bandit Problems,"
Econometrica, Econometric Society, vol. 75(6), pages 1591-1611, November.
- Dinah Rosenberg & Eilon Solan & Nicolas Vieille, 2004. "Social Learning in One-Arm Bandit Problems," Discussion Papers 1396, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Nicolas Vieille & Dinah Rosenberg & Eilon Solan, 2007. "Social Learning in One-Arm Bandit Problems," Post-Print hal-00464609, HAL.
- Nicolas Klein & Sven Rady, 2011.
"Negatively Correlated Bandits,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 78(2), pages 693-732.
- Nicolas Klein & Sven Rady, 2008. "Negatively Correlated Bandits," Working Papers 040, Bavarian Graduate Program in Economics (BGPE).
- Klein, Nicolas & Rady, Sven, 2008. "Negatively Correlated Bandits," Discussion Papers in Economics 5332, University of Munich, Department of Economics.
- Klein, Nicolas & Rady, Sven, 2008. "Negatively Correlated Bandits," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 243, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Rady, Sven & Klein, Nicolas, 2008. "Negatively Correlated Bandits," CEPR Discussion Papers 6983, C.E.P.R. Discussion Papers.
- Sven Rady & Nicolas Klein, 2008. "Negatively Correlated Bandits," 2008 Meeting Papers 136, Society for Economic Dynamics.
- Yingni Guo, 2016. "Dynamic Delegation of Experimentation," American Economic Review, American Economic Association, vol. 106(8), pages 1969-2008, August.
- Rosenberg, Dinah & Salomon, Antoine & Vieille, Nicolas, 2013.
"On games of strategic experimentation,"
Games and Economic Behavior, Elsevier, vol. 82(C), pages 31-51.
- Dinah Rosenberg & Antoine Salomon & Nicolas Vieille, 2010. "On Games of Strategic Experimentation," Working Papers hal-00579613, HAL.
- Rosenberg, Dinah & Salomon , Antoine & Vieille , Nicolas, 2013. "On Games of Strategic Experimentation," HEC Research Papers Series 1008, HEC Paris.
- Jeffrey Banks & David Porter & Mark Olson, 1997. "An experimental analysis of the bandit problem," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(1), pages 55-77.
- Patrick Bolton & Christopher Harris, 1999. "Strategic Experimentation," Econometrica, Econometric Society, vol. 67(2), pages 349-374, March.
- David Besanko & Jianjun Wu, 2013. "The Impact of Market Structure and Learning on the Tradeoff between R&D Competition and Cooperation," Journal of Industrial Economics, Wiley Blackwell, vol. 61(1), pages 166-201, March.
- Pauli Murto & Juuso Välimäki, 2011. "Learning and Information Aggregation in an Exit Game," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 78(4), pages 1426-1461.
- Klein, Nicolas, 2013.
"Strategic learning in teams,"
Games and Economic Behavior, Elsevier, vol. 82(C), pages 636-657.
- Klein, Nicolas, 2010. "Strategic Learning in Teams," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 333, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Rabah Amir, 2020.
"Special Issue: Supermodularity and Monotonicity in Economics,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(4), pages 907-911, November.
- Rabah Amir, 2020. "Special Issue: Supermodularity and Monotonicity in Economics," Post-Print hal-03122852, HAL.
- Song, Yangbo & Zhao, Mofei, 2021. "Dynamic R&D competition under uncertainty and strategic disclosure," Journal of Economic Behavior & Organization, Elsevier, vol. 181(C), pages 169-210.
- Farzad Pourbabaee, 2024. "Reputation, learning and project choice in frictional economies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 78(4), pages 1075-1115, December.
- Kaustav Das & Nicolas Klein, 2020. "Do Stronger Patents Lead to Faster Innovation? The Effect of Duplicative Search," Discussion Papers in Economics 20/03, Division of Economics, School of Business, University of Leicester.
- Das, Kaustav & Klein, Nicolas & Schmid, Katharina, 2024. "Strategic experimentation with asymmetric safe options," Economics Letters, Elsevier, vol. 239(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Johannes Hoelzemann & Nicolas Klein, 2021.
"Bandits in the lab,"
Quantitative Economics, Econometric Society, vol. 12(3), pages 1021-1051, July.
- HOELZEMANN, Johannes & KLEIN, Nicolas, 2018. "Bandits in the Lab," Cahiers de recherche 2018-09, Universite de Montreal, Departement de sciences economiques.
- Johannes HOELZEMANN & Nicolas KLEIN, 2018. "Bandits in the Lab," Cahiers de recherche 12-2018, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Heidhues, Paul & Rady, Sven & Strack, Philipp, 2015.
"Strategic experimentation with private payoffs,"
Journal of Economic Theory, Elsevier, vol. 159(PA), pages 531-551.
- Heidhues, Paul & Rady, Sven & Strack, Philipp, 2012. "Strategic Experimentation with Private Payoffs," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 387, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Rady, Sven & Heidhues, Paul & Strack, Philipp, 2015. "Strategic Experimentation with Private Payoffs," CEPR Discussion Papers 10634, C.E.P.R. Discussion Papers.
- Wagner, Peter A. & Klein, Nicolas, 2022.
"Strategic investment and learning with private information,"
Journal of Economic Theory, Elsevier, vol. 204(C).
- Nicolas KLEIN & Peter WAGNER, 2018. "Strategic Investment and Learning with Private Information," Cahiers de recherche 13-2018, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- KLEIN, Nicolas & WAGNER, Peter, 2018. "Strategic investment and learning with private information," Cahiers de recherche 2018-10, Universite de Montreal, Departement de sciences economiques.
- Klein, Nicolas, 2013.
"Strategic learning in teams,"
Games and Economic Behavior, Elsevier, vol. 82(C), pages 636-657.
- Klein, Nicolas, 2010. "Strategic Learning in Teams," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 333, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Xie, Yinxi & Xie, Yang, 2017. "Machiavellian experimentation," Journal of Comparative Economics, Elsevier, vol. 45(4), pages 685-711.
- Thomas, Caroline, 2019. "Experimentation with reputation concerns – Dynamic signalling with changing types," Journal of Economic Theory, Elsevier, vol. 179(C), pages 366-415.
- Boyarchenko, Svetlana, 2021. "Inefficiency of sponsored research," Journal of Mathematical Economics, Elsevier, vol. 95(C).
- Simina Br^anzei & Yuval Peres, 2019. "Multiplayer Bandit Learning, from Competition to Cooperation," Papers 1908.01135, arXiv.org, revised Jan 2024.
- Rosenberg, Dinah & Salomon, Antoine & Vieille, Nicolas, 2013.
"On games of strategic experimentation,"
Games and Economic Behavior, Elsevier, vol. 82(C), pages 31-51.
- Dinah Rosenberg & Antoine Salomon & Nicolas Vieille, 2010. "On Games of Strategic Experimentation," Working Papers hal-00579613, HAL.
- Rosenberg, Dinah & Salomon , Antoine & Vieille , Nicolas, 2013. "On Games of Strategic Experimentation," HEC Research Papers Series 1008, HEC Paris.
- Svetlana Boyarchenko, 2020. "Super- and submodularity of stopping games with random observations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(4), pages 983-1022, November.
- Kaustav Das, 2014. "Strategic Experimentation with Competition and Private Arrival of Information," Discussion Papers 1404, University of Exeter, Department of Economics.
- Bonatti, Alessandro & Hörner, Johannes, 2017.
"Learning to disagree in a game of experimentation,"
Journal of Economic Theory, Elsevier, vol. 169(C), pages 234-269.
- Alessandro Bonatti & Johannes Horner, 2015. "Learning to Disagree in a Game of Experimentation," Cowles Foundation Discussion Papers 1991, Cowles Foundation for Research in Economics, Yale University.
- Bonatti, Alessandro & Hörner, Johannes, 2017. "Learning to Disagree in a Game of Experimentation," TSE Working Papers 17-791, Toulouse School of Economics (TSE).
- Caroline D. Thomas, 2021.
"Strategic Experimentation with Congestion,"
American Economic Journal: Microeconomics, American Economic Association, vol. 13(1), pages 1-82, February.
- Caroline D. Thomas, 2010. "Strategic Experimentation with Congestion," Department of Economics Working Papers 130813, The University of Texas at Austin, Department of Economics, revised Aug 2013.
- Caroline D Thomas, 2010. "Strategic Experimentation with Congestion," Department of Economics Working Papers 130907, The University of Texas at Austin, Department of Economics, revised 04 Nov 2014.
- Forand, Jean Guillaume, 2015.
"Keeping your options open,"
Journal of Economic Dynamics and Control, Elsevier, vol. 53(C), pages 47-68.
- Jean Guillaume Forand, 2010. "Keeping Your Options Open," RCER Working Papers 557, University of Rochester - Center for Economic Research (RCER).
- Jean Guillaume Forand, 2013. "Keeping Your options Open," Working Papers 1301, University of Waterloo, Department of Economics, revised Feb 2015.
- Jean Guillaume Forand, 2011. "Keeping Your Options Open," 2011 Meeting Papers 82, Society for Economic Dynamics.
- Mira Frick & Yuhta Ishii, 2015. "Innovation Adoption by Forward-Looking Social Learners," Cowles Foundation Discussion Papers 1877, Cowles Foundation for Research in Economics, Yale University.
- Bloch, Francis & Fabrizi, Simona & Lippert, Steffen, 2022.
"Hiding and herding in market entry,"
Journal of Economic Theory, Elsevier, vol. 206(C).
- Francis Bloch & Simona Fabrizi & Steffen Lippert, 2022. "Hiding and herding in market entry," PSE-Ecole d'économie de Paris (Postprint) halshs-03956373, HAL.
- Francis Bloch & Simona Fabrizi & Steffen Lippert, 2022. "Hiding and herding in market entry," Post-Print halshs-03956373, HAL.
- Chen, Chia-Hui & Ishida, Junichiro, 2018.
"Hierarchical experimentation,"
Journal of Economic Theory, Elsevier, vol. 177(C), pages 365-404.
- Chia-Hui Chen & Junichiro Ishida, 2015. "Hierarchical Experimentation," ISER Discussion Paper 0949, Institute of Social and Economic Research, Osaka University.
- Kaustav Das, 2017. "The Role of Heterogeneity in a model of Strategic Experimentation," Discussion Papers 1703, University of Exeter, Department of Economics.
- Das, Kaustav & Klein, Nicolas & Schmid, Katharina, 2024. "Strategic experimentation with asymmetric safe options," Economics Letters, Elsevier, vol. 239(C).
- Kaustav Das, 2015. "The Role of Heterogeneity in a Model of Strategic Experimentation," Discussion Papers 1507, University of Exeter, Department of Economics.
More about this item
Keywords
Two-armed bandit; Heterogeneous agents; Free riding; Learning;All these keywords.
JEL classification:
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joecth:v:69:y:2020:i:4:d:10.1007_s00199-019-01193-9. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.