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Convex vNM-stable sets for linear production games

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Author Info
Joachim Rosenmüller () (Institute of Mathematical Economics, Bielefeld University)
Benyamin Shitovitz (Department of Economics, Haifa University)
Abstract

We characterize convex vNM-Stable Sets according to von Neumann and Morgenstern for orthogonal linear production games with a continuum of players. The results of [Rosenmüller & Shitovitz, International Journal of Game Theory 29 (2000)] are thereby substantially improved. Simultaneously, this is a corrigendum concerning the proof of a lemma in our first paper.

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File URL: http://www.imw.uni-bielefeld.de/papers/files/imw-wp-396.pdf
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File Function: First version, 2008
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Paper provided by Bielefeld University, Institute of Mathematical Economics in its series Working Papers with number 396.

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Length: 9 pages
Date of creation: Jan 2008
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Handle: RePEc:bie:wpaper:396

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  1. Hart, Sergiu, 1974. "Formation of cartels in large markets," Journal of Economic Theory, Elsevier, vol. 7(4), pages 453-466, April. [Downloadable!] (restricted)
  2. Einy, Ezra & Holzman, Ron & Monderer, Dov & Shitovitz, Benyamin, 1996. "Core and Stable Sets of Large Games Arising in Economics," Journal of Economic Theory, Elsevier, vol. 68(1), pages 200-211, January. [Downloadable!] (restricted)
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