The paper considers an abstract economy exhibiting strategic complementarity and multiple, isolated Nash equilibria. It introduces explicit disequilibrium adjustments, which are based on a combination ...
Edelman, Benjamin, and Michael Schwarz. "Optimal Auction Design and Equilibrium Selection in Sponsored Search Auctions." Harvard Business School Working Paper, No. 10-054, January 2010.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results