1. Strategic behavior and partial cost sharing
- Author
-
Flåm, S.D. and Jourani, A.
- Subjects
- *
NONCOOPERATIVE games (Mathematics) , *GAME theory - Abstract
The main objects here are games in which players mainly compete but nonetheless collaborate on some subsidiary activities. Play assumes a two-stage nature in that first-stage moves presume coordination of some subsequent tasks. Specifically, we consider instances where second-stage coordination amounts to partial cost sharing, anticipated and sustained as a core solution. Examples include regional Cournot oligopolies with joint transportation. We define and characterize equilibria, and inquire about their existence. [Copyright &y& Elsevier]
- Published
- 2003
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