Logo
Munich Personal RePEc Archive

A conjectural cooperative equilibrium for strategic form games

Currarini, Sergio and Marini, Marco (2002): A conjectural cooperative equilibrium for strategic form games. Published in: Game Practise and the Environment (2004)

[thumbnail of MPRA_paper_33384.pdf]
Preview
PDF
MPRA_paper_33384.pdf

Download (287kB) | Preview

Abstract

This paper presents a new cooperative equilibrium for strategic form games, denoted Conjectural Cooperative Equilibrium (CCE). This concept is based on the expectation that joint deviations from any strategy profile are followed by an optimal and noncooperative reaction of non deviators. We show that CCE exist for all symmetric supermodular games. Furthermore, we discuss the existence of a CCE in specific submodular games employed in the literature on environmental agreements.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.