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Generalized externality games

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Abstract

Externality games are studied in Grafe et al. (1998, Math. Methods Op. Res. 48, 71). We define a generalization of this class of games and show, using the methodology in Izquierdo and Rafels (1996, 2001, Working paper, Univ Barcelona; Games Econ. Behav. 36, 174), some properties of the new class of generalized externality games. They include, among others, the algebraic structure of the game, convexity, and their implications for the study of cooperative solutions. Also the proportional rule is characterized for this class of games.

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  1. Departamento de Economía Aplicada y Organización de Empresas, Universidad de Extremadura, 06071, Badajoz, Spain. Phone

    Paula Corcho & José Luis Ferreira

Authors
  1. Paula Corcho
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  2. José Luis Ferreira
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Corcho, P., Ferreira, J.L. Generalized externality games. Theory and Decision 54, 163–184 (2003). https://doi.org/10.1023/A:1026256800461

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