Opendata, web and dolomites

Observable Stability SIGNED

Evolutionary stability, observability, and efficiency

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 Observable Stability project word cloud

Explore the words cloud of the Observable Stability project. It provides you a very rough idea of what is the project "Observable Stability" about.

situations    shed    sellers    outcomes    behave    dynamic    interacting    mechanism    latter    literature    observe    reports    mainly    indirect    subproject    join    former    final    people    players    material    asymmetric    interactions    characterizing    depends    implications    fill    choose    subprojects    somewhere    matched    cultural    richness    off    obtain    stable    game    interesting    kinds    few    experimentally    agenda    influence    successful    structure    selected    reciprocity    nash    experiment    locally    buyers    limited    larger    purchases    behaviors    online    evolutionary    incumbents    usually    light    efficient    efficiency    predictions    dilemmas    feedback    agent    mimic    lie    agents    happen    theoretical    verifiable    ebay    equilibria    play    engage    tendency    behavior    occasionally    tests    capture    round    gap    run    site    social    model    learning    questions    professional    preferences   

Project "Observable Stability" data sheet

The following table provides information about the project.

Coordinator
BAR ILAN UNIVERSITY 

Organization address
address: BAR ILAN UNIVERSITY CAMPUS
city: RAMAT GAN
postcode: 52900
website: www.biu.ac.il

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Israel [IL]
 Project website https://sites.google.com/site/yuval26/Home
 Total cost 831˙487 €
 EC max contribution 831˙487 € (100%)
 Programme 1. H2020-EU.1.1. (EXCELLENT SCIENCE - European Research Council (ERC))
 Code Call ERC-2015-STG
 Funding Scheme ERC-STG
 Starting year 2016
 Duration (year-month-day) from 2016-10-01   to  2021-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BAR ILAN UNIVERSITY IL (RAMAT GAN) coordinator 831˙487.00

Map

 Project objective

The existing literature mainly focuses on two kinds of interactions: short-term interactions in which the behavior today does not influence the future, and long-term interactions with the same partner. In the former model, the only stable outcomes are Nash equilibria (which are typically non-efficient), while the latter model allows one to achieve efficient outcomes. Many interesting situations lie somewhere in between, typically when people engage in short-term interactions but future partners may obtain some information about the behavior today. For example, how do people behave when interacting in one-off purchases in an online site with a feedback mechanism (e.g., eBay)? In this project I will fill the large gap in the literature, by characterizing evolutionary stable outcomes when players have limited information about the partner’s past, and how this stable behavior depends on the richness and the structure of the observed information. This will shed new light on indirect reciprocity and its use to achieve efficiency in social dilemmas. The evolutionary stable outcomes capture the long run behavior in a dynamic process of cultural learning. Agents are randomly matched in each round to play a game with a new partner. Each agent may observe some information about the partner’s past behavior. New agents, who join the interactions, usually mimic one of the existing behaviors, with a larger tendency to choose more successful incumbents. Occasionally, few agents experiment with a new behavior. The research agenda includes several theoretical subprojects with various research questions, such as: (1) Would non-material preferences be stable? (2) What will be the influence of non-verifiable reports about past behavior? (3) Which of the (locally) stable outcomes would be selected? (4) What will happen in asymmetric interactions between professional sellers and non-experienced buyers? The final subproject experimentally tests the various predictions and key implications.

 Publications

year authors and title journal last update
List of publications.
2017 Yuval Heller
Instability of belief-free equilibria
published pages: 261-286, ISSN: 0022-0531, DOI: 10.1016/j.jet.2017.01.001
Journal of Economic Theory 168 2019-07-08
2018 Sivan Frenkel, Yuval Heller, Roee Teper
THE ENDOWMENT EFFECT AS BLESSING
published pages: 1159-1186, ISSN: 0020-6598, DOI: 10.1111/iere.12300
International Economic Review 59(2) 2019-07-08
2019 Yuval Heller Eyal Winter
Biased-belief equilibrium
published pages: , ISSN: 1945-7669, DOI:
American Economic Journal: Microeconomics forthcoming 2019-05-22
2017 Yuval Heller, Erik Mohlin
Observations on Cooperation
published pages: 2253-2282, ISSN: 0034-6527, DOI: 10.1093/restud/rdx076
The Review of Economic Studies 85/4 2019-05-22
2018 Yuval Heller, Erik Mohlin
Social learning and the shadow of the past
published pages: 426-460, ISSN: 0022-0531, DOI: 10.1016/j.jet.2018.07.003
Journal of Economic Theory 177 2019-05-22
2019 Yuval Heller, Erik Mohlin
Coevolution of deception and preferences: Darwin and Nash meet Machiavelli
published pages: 223-247, ISSN: 0899-8256, DOI: 10.1016/j.geb.2018.09.011
Games and Economic Behavior 113 2019-05-22

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "OBSERVABLE STABILITY" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "OBSERVABLE STABILITY" are provided by the European Opendata Portal: CORDIS opendata.

More projects from the same programme (H2020-EU.1.1.)

ENUF (2019)

Evaluation of Novel Ultra-Fast selective III-V Epitaxy

Read More  

TAMING CORROSION (2020)

Towards mastering the long-standing challenge of ageing infrastructures in corrosive environments

Read More  

DeCoCt (2019)

Knowledge based design of complex synthetic microbial communities for plant protection

Read More