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In this paper, we consider the problem of correlation between the projections of two square matrices. These matrices of … the correlation between these projections expressed as a trace function of the product of the projected matrices. First we …
Persistent link: https://www.econbiz.de/10005008654
We present a feasible strategic market mechanism with finitely many agents whose Nash, semi-strong Nash and coalition-proof Nash equilibria fully implement the Walrasian equilibria. We define a strategic equilibrium concept, called correlated semi-strong equilibrium, and show that the Walrasian...
Persistent link: https://www.econbiz.de/10005043374
We explore the consequences of the assumptions used in modern cryptographywhen applied to repeated games with public communication. Technically speaking, we model agents by polynomial Turing machinesand assume the existence of a trapdoor function. Under these conditions, we prove a Folk Theorem...
Persistent link: https://www.econbiz.de/10005043731
We present a feasible strategic market mechanism with .nitely many agents whose Nash, semi-strong Nash and coalition-proof Nash equilibria fully im plement the Walrasian equilibria. We define a strategic equilibrium conce pt, called correlated semi-strong equilibrium,and show that the Walrasian...
Persistent link: https://www.econbiz.de/10005669287