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ЖУРНАЛЫ // Contributions to Game Theory and Management // Архив

Contributions to Game Theory and Management, 2014, том 7, страницы 51–60 (Mi cgtm219)

On uniqueness of coalitional equilibria

Michael Finusa, Pierre von Moucheb, Bianca Rundshagenc

a University of Bath, Department of Economics, Bath BA2 7AY, United Kingdom
b Wageningen Universiteit, Hollandseweg 1, 6700 EW, Wageningen, The Netherlands
c Universität Hagen, Department of Economics, Universitätsstrasse 11, 58097 Hagen, Germany

Аннотация: For the so-called ‘new approach’ of coalition formation it is important that coalitional equilibria are unique. Uniqueness comes down to existence and to semi-uniqueness, i.e. there exists at most one equilibrium. Although conditions for existence are not problematic, conditions for semi-uniqueness are. We provide semi-uniqueness conditions by deriving a new equilibrium semi-uniqueness result for games in strategic form with higher dimensional action sets. The result applies in particular to Cournot-like games.

Ключевые слова: Coalition formation, Cournot oligopoly, equilibrium (semi-)uniqueness, game in strategic form, public good.

Язык публикации: английский



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