Games, Volume 14, Issue 5

We exploit the public good attributes of Ganges water pollution cleanup and theoretically analyze an aggregate economy of two cities—Kanpur and Varanasi—through which the Ganges flows. Our specific objective is to study whether water poll...

Institutions may rely on fundamental principles, e.g., of legal philosophy, but may also have evolved according to institutional fitness, as gauged by a society’s well-being. In our stylized framework where two fundamental principles, equality...

We introduce a new network centrality measure founded on the Gately value for cooperative games with transferable utilities. A directed network is interpreted as representing control or authority relations between players—constituting a hierarc...

In a previous paper, we considered several models of the parlor game baccara chemin de fer, including Model B2 (a 2×2484 matrix game) and Model B3 (a 25×2484 matrix game), both of which depend on a positive-integer parameter d, the number of decks. T...

We formulate and study a two-player duel game as a terminal payoffs stochastic game. Players P1,P2 are standing in place and, in every turn, each may shoot at the other (in other words, abstention is allowed). If Pn shoots Pm (m≠n), either they hi...

This paper considers a two-player game where each player chooses a resource from a finite collection of options. Each resource brings a random reward. Both players have statistical information regarding the rewards of each resource. Additionally, the...

We examine a bargaining game in which players cannot make arbitrary offers. Instead, players alternately decide whether to accept or delay, and are rewarded with an indivisible portion and a perishable transfer that depends on the round. Our analysis...

Water scarcity is a growing problem in many regions worldwide. According to the United Nations, around one-fifth of the world’s population lives in areas where water is scarce. Another one-quarter of the world’s population has to face wat...

We consider a game-theoretic model of undocumented immigration with the aim of emphasizing the strategic interaction between the different forces affecting the issue. Specifically, we analyze the strategic interaction between firms in the destination...