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Norde et al. [Games Econ. Behav. 12 (1996) 219] proved that none of the equilibrium concepts in the literature on equilibrium selection in finite strategic games satisfying existence is consistent. A transition to set-valued solution concepts overcomes the inconsistency problem: there is a...
Persistent link: https://www.econbiz.de/10010281334
This note provides a methodological contribution to the allocation of joint revenues obtained from passepartouts. In a passepartout system a group of service providers offers a passepartout that allows its owners the use of specified services for an unlimited number of times during a fixed...
Persistent link: https://www.econbiz.de/10010325856
This paper analyses Chinese postman games with repeated players, which generalize Chinese postman games by dropping the one-to-one relation between edges and players. In our model, we allow players to own more than one edge, but each edge belongs to at most one player. The one-to-one relation...
Persistent link: https://www.econbiz.de/10011932352