| Titre | Équilibre approximatif et règle intuitive : une application aux appels d'offres dans l'industrie spatiale | |
|---|---|---|
| Auteur | Jean-François Richard, Jean-Pierre Florens, Olivier Armantier | |
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Revue | Economie et prévision |
| Numéro | no 132-133, 1998/1-2 | |
| Rubrique / Thématique | Théorie et applications des mécanismes d'enchères |
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| Page | 179-190 | |
| Résumé anglais |
Approximate Equilibrium and an Intuitive Rule: An Application to Bid Tenders in the Space Industry by Olivier Armantier, Jean- Pierre Florens and Jean-François Richard
In this article, we adopt the notion of approximate equilibrium obtained from an "intuitive rule." The notion is based on the idea that, instead of complex Nash equilibrium strategies, agents use simple decision-making rules based on intuition and common sense. We apply this concept to data on the space industry and we come up with two main findings: (1) the equilibrium obtained with our "intuitive rule" provides a good approximation of the Nash equilibrium; (2) an "intuitive rule" enables us to approximate the Nash equilibrium with an unknown structural form in a complex game. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1998_num_132_1_5907 |
