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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
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http://hdl.handle.net/10419/38991
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| Title: | | A new approach to solving production-appropriation games with many heterogeneous players  |
| Authors: | | Cornes, Richard Hartley, Roger Tamura, Yuji |
| Issue Date: | | 2010 |
| Series/Report no.: | | CESifo working paper Public Finance 3060 |
| Abstract: | | We set out a model of production and appropriation involving many players, who differ with respect to both resource endowments and productivities. We write down the model in a novel way that permits our analysis to avoid the proliferation of dimensions associated with the best response function approach as the number of heterogeneous players increases. We establish existence of a unique equilibrium in pure strategies, and carry out some comparative static exercises. |
| Subjects: | | conflict noncooperative games aggregative games |
| JEL: | | C72 D74 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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