Let P be a real-valued function defined on the space of cooperative games with transferable utility, satisfying the following condition: In every game, the marginal contributions of all players (according to P) are efficient (i.e., add up to the worth of the grand coalition). It is proved that...

In this paper we consider dynamic processes, in repeated games, that are subject to the natural informational restriction of uncoupledness. We study the almost sure convergence to Nash equilibria, and present a number of possibility and impossibility results. Basically, we show that if in...

Inspired by the existing work on correlated equilibria and regret-based dynamics in games, we carry out a first exploration of the links between the leading equilibrium concept for (exchange) economies, Walrasian equilibrium, and the dynamics, specifically regret-matching dynamics, of trading...