Abstract
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.
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.
Original language | English |
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Title of host publication | Contributions to Game Theory and Management |
Editors | Leon A Petrosyan, Nikolay A Zenkevich |
Place of Publication | St Petersbrug |
Publisher | St. Petersburg State University |
Pages | 51-60 |
Number of pages | 10 |
Volume | VII |
Publication status | Published - 2014 |
Event | The Seventh International Conference Game Theory and Management - St. Petersburg State University, St. Petersburg, Russia Duration: 26 Jun 2013 → 28 Jun 2013 |
Publication series
Name | Contributions to Game Theory and Management |
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Volume | VII |
ISSN (Electronic) | 2310-2608 |
Conference
Conference | The Seventh International Conference Game Theory and Management |
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Period | 26/06/13 → 28/06/13 |