Egalitarian solutions of large games .2. The asymptotic approach

被引:6
作者
Hart, S
MasColell, A
机构
[1] HEBREW UNIV JERUSALEM,CTR RAT & INTERACT DECIS THEORY,IL-91904 JERUSALEM,ISRAEL
[2] HARVARD UNIV,DEPT ECON,CAMBRIDGE,MA 02138
[3] UNIV POMPEU FABRA,DEPT ECON,BARCELONA,SPAIN
关键词
cooperative games; value; egalitarian; large games; partial differential equations; variational problems;
D O I
10.1287/moor.20.4.1003
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
This is the second of two papers devoted to the study of egalitarian solutions for nontransferable utility (NTU) games with a large number of players. This paper is concerned with the egalitarian solutions of finite games as the number of players increases. We show that these converge to the egalitarian solution of the limit game with a continuum of players as defined in our previous paper. The same convergence holds for the underlying potential functions. These: asymptotic results are particularly significant since they provide the definitive justification for our definitions in the limit continuum case.
引用
收藏
页码:1003 / 1022
页数:20
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