Global Games

Itzhak Gilboa () and Ehud Lehrer ()

No 922, Discussion Papers from Northwestern University, Center for Mathematical Studies in Economics and Management Science

Abstract: Global games are real-valued functions defined on partitions (rather than subsets) of the set of players. They capture "public good" aspects of cooperation, i.e. situations where the payoff is naturally defined for all players ("the globe") together, as is the cause with issues of environmental clean-up, medical research, and so forth. We analyze the more general concept of lattice functions and apply it to partition functions, set functions and the interrelation between the two. We then use this analysis to define and characterize the Shapley value and the core of global games.

Date: 1990-06
View list of references

Downloads: (external link)
http://www.kellogg.northwestern.edu/research/math/papers/922.pdf main text (application/pdf)

Related works:
Journal Article: Global Games (1991)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:nwu:cmsems:922

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Discussion Papers from Northwestern University, Center for Mathematical Studies in Economics and Management Science
Address: Center for Mathematical Studies in Economics and Management Science, Northwestern University, 580 Jacobs Center, 2001 Sheridan Road, Evanston, IL 60208-2014
Contact information at EDIRC.
Series data maintained by Fran Walker ().