Finite ß-Playable Effectivity Functions
AbstractThe ß-effectivity function of a strategic game form G describes the decision power of coalitions under G as contingent on the ability of each coalition to predict the behaviour of the complementary coalition. An e¤ectivity function E is ß-playable if there exists a strategic game form G such that E is the ß-effectivity function of G. It is shown that whenever the player set and the outcome set are fi?nite an effectivity function E is ß-playable if and only if E is both outcome-monotonic and polar-superadditive. Moreover, the underlying strategic game form only needs ?small?strategy spaces, whose size is linear in the size of the monotonic co-basis of E. As a by-product of that result, a few new characterizations of tight finite e¤ectivity functions are also obtained.
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Bibliographic InfoPaper provided by Department of Economics, University of Siena in its series Department of Economics University of Siena with number 669.
Date of creation: Dec 2012
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Find related papers by JEL classification:
- C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
- C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
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- Moulin, H. & Peleg, B., 1982.
"Cores of effectivity functions and implementation theory,"
Journal of Mathematical Economics,
Elsevier, vol. 10(1), pages 115-145, June.
- Moulin, Hervé & Peleg, B., 1982. "Cores of effectivity functions and implementation theory," Economics Papers from University Paris Dauphine 123456789/13220, Paris Dauphine University.
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