Maximum games, dominance solvability, and coordination

Authors
Citation
M. Mariotti, Maximum games, dominance solvability, and coordination, GAME ECON B, 31(1), 2000, pp. 97-105
Citations number
5
Categorie Soggetti
Economics
Journal title
GAMES AND ECONOMIC BEHAVIOR
ISSN journal
08998256 → ACNP
Volume
31
Issue
1
Year of publication
2000
Pages
97 - 105
Database
ISI
SICI code
0899-8256(200004)31:1<97:MGDSAC>2.0.ZU;2-C
Abstract
Inspired by the model of Kalai and Satterthwaite (1994, in imperfections an d Behavior in Economic Organisations (R. P. Gilles and P. H. M. Ruys, Eds.) , Chap. 2, Amsterdam: Kluwer Academic), I define a class of abstract games, called maximum games, which are dominance-solvable. In the leading subclas s of games of common interest, they are solvable on the unique Pareto-domin ant outcome. Maximum games include, as economic applications, some types of Bertrand games and public good games. Journal of Economic Literature Class ification Number: C72.(C) 2000 Academic Press.