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Games, Volume 14, Issue 6

December 2023 - 10 articles

Cover Story: This paper investigates optimal delegation mechanisms in the context of principal–agent problems. We introduce two dimensions of conflict of interest—pandering incentives related to the outside option and project biases. We compare three delegation mechanisms: full delegation, veto-based delegation, and communication (no delegation). Contrary to conventional one-dimensional conflict models, pandering incentives and bias counterbalance each other, resulting in a principal’s benefit from delegation not strictly decreasing with increased bias. Surprisingly, delegation to a biased agent can be advantageous in certain scenarios. This research sheds light on the complex dynamics of delegation mechanisms, offering insights into principal–agent relationships. View this paper
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Articles (10)

  • Article
  • Open Access
1 Citations
4,435 Views
13 Pages

17 December 2023

In this paper, we study cooperation and coordination in a threshold public goods game with asymmetric players where players have different endowments ei, productivities pi, and rewards ri. In general, this game has a defective Nash equilibrium (NE),...

  • Article
  • Open Access
2,555 Views
20 Pages

17 December 2023

In this paper, we describe the Factored Value MCTS Hybrid Cost-Max-Plus algorithm, a collection of decision-making algorithms (centralized, decentralized, and hybrid) for a multi-agent system in a collaborative setting that considers action costs. Ou...

  • Article
  • Open Access
1 Citations
2,487 Views
52 Pages

Generalized Hyperbolic Discounting in Security Games of Timing

  • Jonathan Merlevede,
  • Benjamin Johnson,
  • Jens Grossklags and
  • Tom Holvoet

30 November 2023

In recent years, several high-profile incidents have spurred research into games of timing. A framework emanating from the FlipIt model features two covert agents competing to control a single contested resource. In its basic form, the resource exist...

  • Article
  • Open Access
1 Citations
3,121 Views
16 Pages

29 November 2023

Poker is a game of skill, much like chess or go, but distinct as an incomplete information game. Substantial work has been done to understand human play in poker, as well as the optimal strategies in poker. Evolutionary game theory provides another a...

  • Article
  • Open Access
1 Citations
2,453 Views
20 Pages

20 November 2023

This paper introduces a new quantum game called Quantum Tapsilou that is inspired by the classical traditional Greek coin tossing game tapsilou. The new quantum game, despite its increased complexity and scope, retains the most important characterist...

  • Article
  • Open Access
1 Citations
2,151 Views
20 Pages

16 November 2023

In this paper, we investigate optimal delegation mechanisms in the presence of countervailing conflicts of interest in the context of principal–agent problems. We introduce two dimensions of conflict of interest—pandering incentives relat...

  • Article
  • Open Access
1,831 Views
22 Pages

On a Special Two-Person Dynamic Game

  • Akio Matsumoto,
  • Ferenc Szidarovszky and
  • Maryam Hamidi

24 October 2023

The asymptotical properties of a special dynamic two-person game are examined under best-response dynamics in both discrete and continuos time scales. The direction of strategy changes by the players depend on the best responses to the strategies of...

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Games - ISSN 2073-4336Creative Common CC BY license