An Equilibrium for Games Played by Imperfect Organizations
Kfir Eliaz
Abstract
Kfir Eliaz
Abstract
This paper argues that when organizations are imperfect in the sense that members may make mistakes and messages may be distorted, then the inner structure of the organization should be explicitly modeled. This paper proposes a framework for studying games between imperfect organizations.
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This paper argues that when organizations are imperfect in the sense that members may make mistakes and messages may be distorted, then the inner structure of the organization should be explicitly modeled. This paper proposes a framework for studying games between imperfect organizations.
Key concepts: Imperfect, Perfect information, Computer science, Mathematical economics, Microeconomics, Economics, Philosophy, Linguistics