Partial Cooperative Equilibria: Existence and Characterization

Partial Cooperative Equilibria: Existence and Characterization

Blog Article

We study the solution concepts of partial cooperative Cournot-Nash equilibria and partial cooperative Stackelberg equilibria.The partial cooperative Cournot-Nash equilibrium is axiomatically characterized by NAILS using notions of rationality, consistency and converse consistency with regard to reduced games.We also establish sufficient conditions for which partial cooperative Cournot-Nash equilibria and partial cooperative Stackelberg equilibria Wallplate Mounting Clip exist in supermodular games.

Finally, we provide an application to strategic network formation where such solution concepts may be useful.