The importance of structure in linking games

Citation
Re. Just et S. Netanyahu, The importance of structure in linking games, AGR ECON, 24(1), 2000, pp. 87-100
Citations number
7
Categorie Soggetti
Agriculture/Agronomy,Economics
Journal title
AGRICULTURAL ECONOMICS
ISSN journal
01695150 → ACNP
Volume
24
Issue
1
Year of publication
2000
Pages
87 - 100
Database
ISI
SICI code
0169-5150(200012)24:1<87:TIOSIL>2.0.ZU;2-O
Abstract
A common approach in modeling negotiations is to apply game theory to singl e issues. Recent work has suggested that the complexity of international ne gotiations can be better modeled by linking independent games. Successful l inking is possible when the linked issues have compensating asymmetry of si milar magnitude. An important result of linked games is that such games pro duce a greater feasible set of choices relative to the aggregated isolated games. In this paper, we demonstrate that achieving strict dominance of the linked game is not trivial and that results and implications depend on the structures of the isolated games. (C) 2000 Elsevier Science B.V. All right s reserved.