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 using notions of rationality, consistency and converse consistency EMUAID MAX with regard to reduced games.We also establish sufficient Spiral Heater Element conditions for which partial cooperative Cournot-Nash equilibria and partial cooperative Stackelberg equilibria exist in supermodular games.

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