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The hybrid solutions of an N-person game

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  • Zhao, Jingang

Abstract

We introduce a solution concept intermediate between the cooperative and noncooperative solutions of an n-person game in normal form. Consider a partition p of the players, with each s in p a coalition. A joint strategy x = {x_{s}|s in p} is a hybrid solution for the partition p if, for each s in p, x_{s} is a core solution of the corresponding parametric subgame, where this game is played by the players in s and is parameterized by x_{-s}, the strategies played by all outside players. This assumes that players behave cooperatively within each coalition and competitively across coalitions. Sufficient conditions are given for a general n-person game to have hybrid solutions for any partition.
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Suggested Citation

  • Zhao, Jingang, 1992. "The hybrid solutions of an N-person game," Games and Economic Behavior, Elsevier, vol. 4(1), pages 145-160, January.
    • Handle: RePEc:eee:gamebe:v:4:y:1992:i:1:p:145-160
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    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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