G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14993
DP14993 A Game-Theoretical Model of the Landscape Theory
Michel Le Breton; Alexander Shapoval; Shlomo Weber
发表日期2020-07-06
出版年2020
语种英语
摘要In this paper we examine a game-theoretical generalization of the landscape theory introduced by Axelrod and Bennett (1993). In their two-bloc setting each player ranks the blocs on the basis of the sum of her individual evaluations of members of the group. We extend the Axelrod-Bennett setting by allowing an arbitrary number of blocs and expanding the set of possible deviations to include multi-country gradual deviations. We show that a Pareto optimal landscape equilibrium which is immune to profitable gradual deviations always exists. We also indicate that while a landscape equilibrium is a stronger concept than Nash equilibrium in pure strategies, it is weaker than strong Nash equilibrium.
主题Public Economics
关键词Landscape theory Landscape equilibrium Blocs Gradual deviation Potential functions Hedonic games
URLhttps://cepr.org/publications/dp14993
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/543941
推荐引用方式
GB/T 7714
Michel Le Breton,Alexander Shapoval,Shlomo Weber. DP14993 A Game-Theoretical Model of the Landscape Theory. 2020.
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