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The inner core and the strictly inhibitive set

Article Abstract:

An analysis of the inner core and the strictly inhibitive set is presented. The analysis assumes that natural market conditions induce unique games in coalitional form with absent transferable utility. It is shown that coalitions are formed with a single probability if any outcome is considered for improvement. In addition, a randomized mechanism must be included in analyzing stable outcomes, while inner core conditions are contained in strictly inhibitive outcome set.

Author: Qin, Cheng-Zhong
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 1993

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Repeated games with finite automata

Article Abstract:

An analysis of the nature of repeated games given finite automata conditions is presented. The analysis focuses on the asymptotic behavior of equilibrium payoff sets under the given game constraints. It is shown that value sequences adhere to the value for one-shot games under a zero-sum game with players' automata approach infinity. In addition, automata size does not exhibit any vital impact on game results.

Author: Ben-Porath, Elchanan
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 1993

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Perturbed adaptive dynamics in coalition form games

Article Abstract:

The development of bargaining skills by players is examined in detail, using an extension of a Nash game as a bargaining game. The role of stochastically stable allocations is assessed.

Author: Agastya, Murali
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 1999
Economics, Research and Development in the Social Sciences and Humanities, Stochastic analysis

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Subjects list: Economic aspects, Game theory
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