Laws of scarcity for a finite game-exact bounds on estimations

DOI10.1007/S00199-003-0443-7MaRDI QIDQ2486955zbMATH OpenOpenAlexFDO

Authors Alexander Kovalenkov, Myrna Wooders

Publication date 17 August 2005

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://ageconsearch.umn.edu/record/269585/files/twerp691.pdf

zbMATH Keywords

MonotonicityCooperative gamesClubsApproximate coresCyclic monotonicityEffective small groupsGames with side payments (TU games)Law of demandLaw of scarcityParameterized collections of games.

Mathematics Subject Classification ID

Cooperative games (91A12) Auctions, bargaining, bidding and selling, and other market models (91B26) Microeconomic theory (price theory and economic markets) (91B24)

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Cited in

(6)

• Market games and clubs
• Small group effectiveness, per capita boundedness and nonemptiness of approximate cores
• Price taking equilibrium in economies with multiple memberships in clubs and unbounded club sizes
• On the core of dynamic cooperative games
• Strong and weak rarity value: resource games with complex price-scarcity relationships
• Comparative statics and laws of scarcity for games

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