A simple case of rationality of escalation
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References listed on IDEAS
- Barry O'neill, 1986. "International Escalation and the Dollar Auction," Journal of Conflict Resolution, Peace Science Society (International), vol. 30(1), pages 33-50, March.
- Ariel Rubinstein, 2006. "Lecture Notes in Microeconomic Theory," Online economics textbooks, SUNY-Oswego, Department of Economics, number gradmicro1.
- Martin Shubik, 1971. "The Dollar Auction game: a paradox in noncooperative behavior and escalation," Journal of Conflict Resolution, Peace Science Society (International), vol. 15(1), pages 109-111, March.
- Abramsky, Samson & Winschel, Viktor, 2012. "Coalgebraic Analysis of Subgame-perfect Equilibria in Infinite Games without Discounting," Working Papers 12-17, University of Mannheim, Department of Economics.
- Jean-Philippe Bouchaud, 2008. "Economics need a scientific revolution," Papers 0810.5306, arXiv.org.
- David Colander, 2005. "The future of economics: the appropriately educated in pursuit of the knowable," Cambridge Journal of Economics, Oxford University Press, vol. 29(6), pages 927-941, November.
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Keywordseconomic game; infinite game; sequential game; crash; escalation; speculative bubble; coinduction; auction;
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