Arbitration Games and Approximate Equilibria

Somdeb Lahiri

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: In this paper we define an arbitration game in the context of a Bayesian Collective Choice Problem and derive an approximate equilibrium for such games under conditions of ‘bounded rationality’.

Date: 1990-04-01
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Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp00938

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