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Showing 1 to 11 of 11 for “"global game"”.

  1. Dynamic global game coordination risks

    We study a dynamic global game model of coordination risk among a group of agents invested in a project over a finite time horizon. Once every round each agent gets a private noisy signal of the health of the project. The agent must then decide to continue participating in the project in …

    mit Repository record for Dynamic global game coordination risks (opens in a new tab)

  2. NGOs Advocating for the South in the United States Congress: Changing the Rules of the Global Game

    … partners, they will not have the ability to hold global political relations to such a standard.

    uiuc Repository record for NGOs Advocating for the South in the United States Congress: Changing the Rules of the Global Game (opens in a new tab)

  3. Coordination failure and its consequences: Three essays

    We develop game-theoretic models of coordination to examine how the shadow of ex-post coordination failure influences ex-ante behaviour. In Chapter 2, we study the link between cyber risk and financial stability in banking. We embed a canonical global game of bank runs in a coordination game among …

    auckland-ms Repository record for Coordination failure and its consequences: Three essays (opens in a new tab)

  4. Essays in macroeconomics and experiments

    … experiment to test the predictions of a dynamic global game designed to capture the role of information and coordination in speculative attacks. The game has a large number of heterogeneously informed agents deciding whether to attack a status quo; the status quo in turn collapses if enough …

    mit Repository record for Essays in macroeconomics and experiments (opens in a new tab)

  5. An Analysis of the Competitive Dynamics Behind the Disruptor’s Dilemma

    … perplexing phenomenon under the lens of a global coordination game of incomplete public and private information; and more precisely an adaptation of a game of regime change. Incumbents can decide to support or not the potential disruptor, who becomes successful only if a sufficient mass of …

    cambridge Repository record for An Analysis of the Competitive Dynamics Behind the Disruptor’s Dilemma (opens in a new tab)

  6. Essays in economics

    … as drivers of sovereign default risk. I employ global-game techniques to induce a unique equilibrium. Along the unique equilibrium, I show how the equilibrium default risk can be decomposed in a solvency-risk component and a coordination-risk component. I then study how fiscal policy can be …

    mit Repository record for Essays in economics (opens in a new tab)

  7. Three Essays on Dynamic Games with Incomplete Information and Strategic Complementarities

    … literature. In Chapter 2, I revise a traditional global game model by dividing the continuum of players into a group of speculators and a group of stakeholders. It is found that the uniqueness property remains in the new game. Then I extend the static game to a two-stage game and investigate the …

    vt Repository record for Three Essays on Dynamic Games with Incomplete Information and Strategic Complementarities (opens in a new tab)

  8. Three essays on contracting and corporate financing

    … out-of-court) is determined endogenously in a global-game setup with heterogenous payoffs. Lenders with greater risk exposure contribute to a higher probability of default and lenders that receive a higher weight in the financing process are more influential in determining renegotiation …

    uiuc Repository record for Three essays on contracting and corporate financing (opens in a new tab)

  9. Essays on Information Economics

    … Chapter 1 is my job market paper "Limits of Global Games.'' It considers the impact of information on equilibrium multiplicity in two-player games of strategic complementarities. Games with strategic complementarities often exhibit multiple equilibria. In a global game, players privately …

    mit Repository record for Essays on Information Economics (opens in a new tab)

  10. Incomplete information games of conflict and collective action

    … class of incomplete information coordination games with a wide range of applications in economics and politics. The second essay draws from the general model developed in the first essay to study decisions by individuals of whether to engage in protest/revolution/coup/strike. The final essay …

    uiuc Repository record for Incomplete information games of conflict and collective action (opens in a new tab)