作者
B Douglas Bernheim, Bezalel Peleg, Michael D Whinston
发表日期
1987/6/1
期刊
Journal of economic theory
卷号
42
期号
1
页码范围
1-12
出版商
Academic Press
简介
In an important class of “noncooperative” environments, it is natural to assume that players can freely discuss their strategies, but cannot make binding commitments. In such cases, any meaningful agreement between the players must be self-enforcing. Although the Nash best-response property is a necessary condition for self-enforceability, it is not sufficient—it is in general possible for coalitions arrange plausible, mutually beneficial deviations from Nash agreements. We provide a stronger definition of self-enforceability, and label the class of efficient self-enforcing agreements “coalition-proof.”
引用总数
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学术搜索中的文章
BD Bernheim, B Peleg, MD Whinston - Journal of economic theory, 1987