Conflict and cooperation. The structure of equilibrium payoffs in common agency (Q5952425)

This study represents an important contribution to the theory and applications of common agency. Thus, it contains strong results concerning the structure of equilibrium payoffs, being based on the payoff of the agents and on the evaluation of the immediate effects in the corresponding competition. The theoretical considerations are very well illustrated by the applications including the direct economic influences, the competitions for appropriate inputs and auctions.