Equilibrium uniqueness with perfect complements

نویسندگان
چکیده

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Equilibrium uniqueness with perfect complements

It is sometimes the case that some economic goods are perfect complements to some agents, but not to all agents. As an illustration, consider the following highly stylized story. A regulator faces the problem of pricing the use of a given network, e.g., a highway network. For our purposes, a network is simply a graph, with no loop. Each edge of the graph has a capacity: the maximal amount of tr...

متن کامل

Markov Perfect Equilibrium

We define Markov strategy and Markov perfect equilibrium (MPE) for games with observable actions. Informally, a Markov strategy depends only on payoffrelevant past events. More precisely, it is measurable with respect to the coarsest partition of histories for which, if all other players use measurable strategies, each player's decision-problem is also measurable. For many games, this definitio...

متن کامل

Perfect Prediction Equilibrium

In the framework of finite games in extensive form with perfect information and strict preferences, this paper introduces a new equilibrium concept under the assumption of total transparency: all players share the same knowledge and know as much as an omniscient external observer. In particular, there is common knowledge of the solution of the game including the reached outcome and the thought ...

متن کامل

Uniqueness of equilibrium on rings

We consider congestion games on networks with nonatomic users and user-specific costs. We are interested in the uniqueness property defined by Milchtaich [Milchtaich, I. 2005. Topological conditions for uniqueness of equilibrium in networks. Math. Oper. Res. 30 225-244] as the uniqueness of equilibrium flows for all assignments of strictly increasing cost functions. He settled the case with two...

متن کامل

Unique and Optimal Perfect Equilibrium

This paper proves a First Welfare Theorem for Games it shows that asynchronous dynamic games with voluntary one period ahead transfers have a unique optimal equilibrium. The equilibrium coincides with the Utilitarian Pareto Optimum and hence can be computed from a (simpler) programming problem (rather than as a fixed point). Whilst it is commonly thought that Folk Theorems are endemic in dynami...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Economic Theory

سال: 2006

ISSN: 0938-2259,1432-0479

DOI: 10.1007/s00199-005-0645-2