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This paper is concerned with the evolutionary stability of social inequality structures. We study the evolution of a population whose members compare their relative wealth to coordinate their actions in a simple tacit bargaining game. We interpret the equilibrium behaviors that players may adopt...
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The authors investigates refinements of two solutions, the saddle and the weak saddle, defined by Shapley (1964) for two-player zero-sum games. Applied to weak tournaments, the firsy refinement, the mixed saddle, is unique and gives us a new solution, generally lying between the GETCHA and...
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