Potentials in Social Environments

Thomas Demuynck, P. Jean-Jacques Herings and Christian Seel

No 2023-13, Working Papers ECARES from ULB -- Universite Libre de Bruxelles

Abstract: We develop and extend notions of potentials for normal-form games (Monderercand Shapley, 1996) to present a uniffied approach for the general class of social environments. The different potentials and corresponding social environments can be ordered in terms of their permissiveness. We classify different methods to construct potentials and we characterize potentials for specific examples such as matching problems, vote trading, multilateral trade, TU games, and various pillage games.

Keywords: Potential games; social environments. (search for similar items in EconPapers)
Pages: 45 p.
Date: 2023-09
New Economics Papers: this item is included in nep-gth
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Working Paper: Potentials in Social Environments (2023)
Working Paper: Potentials in social environments (2023)
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