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This paper investigates a class of dynamic selection processes for n-person normal-form games which includes the Brown-von Neumann-Nash dynamics. For (two-person) zero-sum games and for (n-person) potential games every limit set of these dynamics is a subset of the set of Nash-equilibria....
Persistent link: https://www.econbiz.de/10005081052
This note provides a methodological contribution to the allocation of joint revenues obtained from passepartouts. In a passepartout system, a group of service providers offers a passepartout that allows its owners the use of specified services for an unlimited number of times during a fixed...
Persistent link: https://www.econbiz.de/10011011343
This paper introduces a new model concerning cooperative situations in which the payoffs are modeled by random variables. We analyze these situations by means of cooperative games with random payoffs. Special attention is paid to three types of convexity, namely coalitional-merge,...
Persistent link: https://www.econbiz.de/10005047564
This paper introduces the class of 2 × 2 × 2 trimatrix games with identical anonymous best-replies. For this class a complete classification on the basis of the Nash equilibrium set is provided.
Persistent link: https://www.econbiz.de/10011096374