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We study strategic games where players' preferences are weak orders which need not admit utility representations. First of all, we ex- tend Voorneveld's concept of best-response potential from cardinal to ordi- nal games and derive the analogue of his characterization result: An ordi- nal game...
Persistent link: https://www.econbiz.de/10011753138
Persistent link: https://www.econbiz.de/10004281682
We study strategic games where players' preferences are weak orders which need not admit utility representations. First of all, we ex- tend Voorneveld's concept of best-response potential from cardinal to ordi- nal games and derive the analogue of his characterization result: An ordi- nal game...
Persistent link: https://www.econbiz.de/10005800887
A new model of strategic networking is developed and analyzed, where an agent’s investment in links is nonspecific. The model comprises a large class of games which are both potential and super- or submodular games. We obtain comparative statics results for Nash equilibria with respect to...
Persistent link: https://www.econbiz.de/10008839367
Persistent link: https://www.econbiz.de/10001800758
We study strategic games where players' preferences are weak orders which need not admit utility representations. First of all, we ex- tend Voorneveld's concept of best-response potential from cardinal to ordi- nal games and derive the analogue of his characterization result: An ordi- nal game...
Persistent link: https://www.econbiz.de/10008791491
Persistent link: https://www.econbiz.de/10001716135
Persistent link: https://www.econbiz.de/10001871275
Persistent link: https://www.econbiz.de/10002092258
Persistent link: https://www.econbiz.de/10002092354