G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5228
DP5228 Political competition within and between parties: an application to environmental policy
Helmuth Cremer; Philippe De Donder; Firouz Gahvari
发表日期2005-09-23
出版年2005
语种英语
摘要We find the Nash equilibria for monotone n-player symmetric games where each player chooses whether to participate. Examples include market entry games, coordination games, and the bar-room game depicted in the movie 'A Beautiful Mind'. The symmetric Nash equilibrium involves excessive participation (a common property resource problem) if participants? payoffs are decreasing (in the number of participants), and insufficient participation if payoffs are increasing. With decreasing payoffs there can be many equilibria, but with increasing payoffs there are only three. Some comparative static properties of changing one player?s participation payoffs are counter-intuitive, especially with more than two players.
主题Industrial Organization
关键词Market entry Coordination Nash equilibrium Mixed strategy equilibrium Common property resource problem Comparative statics
URLhttps://cepr.org/publications/dp5228
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534101
推荐引用方式
GB/T 7714
Helmuth Cremer,Philippe De Donder,Firouz Gahvari. DP5228 Political competition within and between parties: an application to environmental policy. 2005.
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