Serrano, Roberto; Shimomura, Ken-Ichi - Departamento de Economía, Universidad Carlos III de Madrid - 2005
We propose positive and normative foundations for the average prekernel of NTU games, and compare them with the existing ones for the prekernel. In our non-cooperative analysis, the average prekernel is approximated by the set of equilibrium payoffs of a game where each player faces the...