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Complementary Teams, Linear Sharing Rules and Uncertainty

Author

Listed:
  • Krogh Hvide, H

Abstract

Two recent articles, Legros & Matthews (1993) and Vislie (1994), show that in a non-cooperative production game with stricly complementary (non-observable) inputs, interpretd as effort levels, there exists a linear budget-balancing sharing rule that implements the efficient effort vector in Nash strategies. In this note we test the linear implementability result for robustness.

Suggested Citation

  • Krogh Hvide, H, 1997. "Complementary Teams, Linear Sharing Rules and Uncertainty," Papers 2/97, Norwegian School of Economics and Business Administration-.
    • Handle: RePEc:fth:norgee:2/97
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    More about this item

    Keywords

    GAMES; UNCERTAINTY; DECISION MAKING;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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