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Partially cooperative games

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  • Kawamori, Tomohiko

Abstract

In this paper, we present a general model in which mutually dependent negotiations are simultaneously conducted and define a solution concept for the model. We provide a sufficient condition for the solution to exist and show that the solutions approximately coincide with the equilibrium outcomes of extensive form games. We present a solution to the merger paradox as an application.

Suggested Citation

  • Kawamori, Tomohiko, 2018. "Partially cooperative games," Mathematical Social Sciences, Elsevier, vol. 93(C), pages 90-100.
  • Handle: RePEc:eee:matsoc:v:93:y:2018:i:c:p:90-100
    DOI: 10.1016/j.mathsocsci.2018.03.001
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    References listed on IDEAS

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