A Mechanism for Inducing Cooperation in Non-Cooperative Environments : Theory and Applications

We construct a market based mechanism that induces players in a non-cooperative game to make the same choices as characterize cooperation. We then argue that this mechanism is applicable to a wide range of economic questions and illustrate this claim using the problems of "The Tragedy of the Commons" and "R&D Spillovers in Duopoly"

Year of publication:	2013
Authors:	Ellis, Christopher J. ; Nouweland, Anne van den
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Nichtkooperatives Spiel \| Noncooperative game \| Kooperation \| Cooperation
Description of contents:	Abstract [papers.ssrn.com]

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