A law of scarcity for games

Alexander Kovalenkov and Myrna Wooders

No 269297, Economic Research Papers from University of Warwick - Department of Economics

Abstract: The “law of scarcity” is that scarceness is rewarded; recall, for example, the diamonds and water paradox. In this paper, furthering research initiated in Kelso and Crawford (1982, Econometrica 50, 1483-1504) for matching models, we demonstrate a law of scarcity for cores and approximate cores of games.

Keywords: Agricultural and Food Policy; Public Economics (search for similar items in EconPapers)
Pages: 15
Date: 1999-12-12
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: A law of scarcity for games (1999)
Working Paper: A law of scarcity for games (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uwarer:269297

DOI: 10.22004/ag.econ.269297

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