||Rivision Games Part II: Applications and Robustness
||Yuichiro Kamada and Michihiro Kandori
||This paper illustrates a wide applicability of the theory of revision games. First, we present various applications of the revision game; exchange of goods, price competition, and election campaign. Those applications reveal how the possibility of cooperation, extent of cooperation, and the frequency and magnitude of revisions are related to key parameters, such as the marginal benefit and marginal cost of cooperation, the degree of product differentiation, and the office motivation of the electoral candidates. Second, we examine the robustness of our model and extension to the case of asynchronous revisions.
||Paper in English (46 pages)