JOINT PRODUCTION GAMES AND SHAREFUNCTIONS

Player i's payoff in a noncooperative game is generally expressed as a function of thevector of strategies of all players. However, in some games - 'simply reducible games' - thepayoff of player i is a function of two arguments - the strategy chosen by i, and the sum ofthe strategies of all players in the game. Cournot oligopoly, public good provision, costandsurplus-sharing, and open access resource exploitation are all simply reducible games....

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Year of publication:	2000-10-01
Authors:	Cornes, Richard ; Hartley, Roger E.
Institutions:	University <Nottingham> / Department of Economics ; University <Keele> / Department of Economics and Management Science
Subject:	Aktie \| Spieltheorie \| game theory \| Cournotsches Dyopol \| cournot \| Spielstrategie \| game strategy \| Auszahlung <Spieltheorie> \| payoff

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Extent:	176128 bytes 33 p. application/pdf
Series:	The University of Nottingham / School of Economics - discussion papers Discussion Paper ; No. 00/23
Type of publication:	Book / Working Paper
Language:	English
ISSN:	1360-2438
Classification:	Financial theory ; Market research ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005869076