Commitment and observability in games

B-Tier
Journal: Games and Economic Behavior
Year: 1995
Volume: 8
Issue: 2
Pages: 271-280

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Models of commitment make two assumptions: there is a first mover, and his action is perfectly observed by the subsequent mover. The purpose of this paper is to disentangle these two assumptions, in order to see if a strategic benefit from commitment remains when the first mover's choice is imperfectly observed. The basic finding is that the first-mover advantage is eliminated when there is even a slight amount of noise associated with the observation of the first mover's selection. Journal of Economic Literature Classification Number: C72.

Technical Details

RePEc Handle
repec:eee:gamebe:v:8:y:1995:i:2:p:271-280
Journal Field
Theory
Author Count
1
Added to Database
2026-01-24