A theoretical foundation for the undercut-proof equilibrium

DOI10.1016/J.JET.2015.06.001zbMATH Open1330.91023OpenAlexW2143335971MaRDI QIDQ900417FDOQ900417

Authors: Martin C. Byford 

Publication date: 22 December 2015

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2015.06.001

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zbMATH Keywords

network marketscore equivalenceBertrand-Nash equilibriumnon-transferable utility coalitional gamesundercut-proof equilibrium

Mathematics Subject Classification ID

Cooperative games (91A12) Applications of game theory (91A80) Microeconomic theory (price theory and economic markets) (91B24)

Cites Work

• On Hotelling's "Stability in Competition"
• Bargaining in a network of buyers and sellers.
• Solution of the Hotelling's game in secure strategies
• Mixed pricing in oligopoly
• Second best taxation as a game
• Spatial Competition and the Core
• Efficient spatial competition

Cited In (3)

• The concept of the undercut-proof equilibrium in multistage games
• Towards overcoming the undercutting problem
• Ex-post price stability with convex costs

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