Strategic experimentation with asymmetric players
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DOI: 10.1007/s00199-019-01193-9
Abstract: We examine a two-player game with two-armed exponential bandits à la (Keller et al. in Econometrica 73:39–68, 2005 ), where players operate different technologies for exploring the risky option. We characterise the set of Markov perfect… read more here.
Keywords: markov perfect; strategic experimentation; asymmetric players; equilibrium ... See more keywords