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Games, Volume 16, Issue 2

April 2025 - 10 articles

Cover Story: This paper studies biased manager hiring in a market with network externalities and product compatibility. We show that the aggressivity of a biased manager has a non-linear relationship with product compatibility; however, since both owners want to hire aggressive managers, product compatibility is irrelevant to the type of manager the owner hires. In Cournot competition, product compatibility is crucial to alleviate the “prisoner’s dilemma” due to the net network effect of network externalities with product compatibility. In Bertrand competition, the “prisoner’s dilemma” is resolved when the augmented net network effect of product compatibility is significant. View this paper
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Articles (10)

  • Feature Paper
  • Article
  • Open Access
1,217 Views
28 Pages

Two-Tier Marketplace with Multi-Resource Bidding and Strategic Pricing for Multi-QoS Services

  • Samira Habli,
  • Rachid El-Azouzi,
  • Essaid Sabir,
  • Mandar Datar,
  • Halima Elbiaze and
  • Mohammed Sadik

21 April 2025

Fog computing introduces a new dimension to the network edge by pooling diverse resources (e.g., processing power, memory, and bandwidth). However, allocating resources from heterogeneous fog nodes often faces limited capacity. To overcome these limi...

  • Article
  • Open Access
1,265 Views
28 Pages

Procedurally Fair Co-Determination with Endogeneous Value Uncertainty: An Experiment

  • Werner Güth,
  • Ludivine Martin,
  • Tibor Neugebauer and
  • Sotiria Xanalatou

21 April 2025

We present an experimental test of a procedurally fair co-determination mechanism where group members reduce their value uncertainty before submitting bids for a joint project. The results suggest a relatively efficient mechanism, with unprofitable p...

  • Article
  • Open Access
1,437 Views
16 Pages

Cultural Dissemination on Evolving Networks: A Modified Axelrod Model Based on a Rewiring Process

  • Yuri Perez,
  • Fabio Henrique Pereira and
  • Pedro Henrique Triguis Schimit

17 April 2025

In this paper, we investigate the classical Axelrod model of cultural dissemination under an adaptive network framework. Unlike the original model, we place agents on a complex network, where they cut connections with any agent that does not share at...

  • Article
  • Open Access
1,175 Views
19 Pages

Analysis of the Competition of the South-Eastern Railway of Peru Through a Timetable Auction

  • Augusto Aliaga-Miranda,
  • Luis Ricardo Flores-Vilcapoma,
  • Christian Efrain Raqui-Ramirez,
  • José Luis Claudio-Pérez,
  • Yadira Yanase-Rojas and
  • Jovany Pompilio Espinoza-Yangali

7 April 2025

Our research analyzes the design of an auction model for railway transportation on the South-East Railway of Peru, managed by Ferrocarril Transandino S.A. (Fetransa) and operated by PeruRail. Initially, the regulatory framework aimed to promote compe...

  • Article
  • Open Access
1,650 Views
8 Pages

Biased-Manager Hiring in a Market with Network Externalities and Product Compatibility

  • Shih-Hao Huang,
  • Chien-Shu Tsai,
  • Jen-Yao Lee and
  • Su-Ching Tsai

21 March 2025

This paper studies biased-manager hiring in a market with network externalities and product compatibility. We show that the aggressivity of a biased manager has a non-linear relationship with product compatibility; however, since both owners want to...

  • Article
  • Open Access
2,664 Views
17 Pages

11 March 2025

The rising prevalence of greenwashing by firms has emerged as a major concern for regulatory authorities over the past decade. This paper examines the impact of regulation on firms’ strategic decisions regarding greenwashing and environmental q...

  • Article
  • Open Access
1,211 Views
25 Pages

Sharing Price Announcements

  • Maarten Janssen and
  • Vladimir Karamychev

10 March 2025

We present a simple model where, before competing in prices, firms announce which prices they intend to choose. Deviating from these announcements involves a cost. We show that sharing pricing intentions results in prices being set above their compet...

  • Article
  • Open Access
2,297 Views
37 Pages

3 March 2025

We consider a dynamic game with asymmetric information where each player privately observes a noisy version of a (hidden) state of the world V, resulting in dependent private observations. We study the structured perfect Bayesian equilibria (PBEs) th...

  • Article
  • Open Access
2,045 Views
14 Pages

3 March 2025

The coexistence of the winner’s curse and cost overruns in the construction industry implies a cost pendulum in which the winning bid is undervalued, whereas the final payment to the contractor is overvalued. We posit that this results from a s...

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Games - ISSN 2073-4336