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Getting Closer to the Perfect Ad

Two credit-card companies, specifically Master Card and Visa, are planning to store data for targeted advertising. This has yet to actually begin, so some of the details are not definite yet, but it may not be accepted by all customers. Fortunately, Master Card plans on including an opt-out option, in case people don’t want their […]

Three Player Ultimatum Game Infinite Horizon

In this game a proposer and a responder are chosen randomly. Then the proposer has the opportunity to play the ultimatum game with another player. In addition each person has discount rates, which basically rate how impatient he is. If a person has a high discount rate, he will want to close the deal quickly […]

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